Office Building with
For Sale
Contact for pricing
435 W WASHINGTON Street, Springfield, IL 62702
R-5-zoned commercial property with two parking lots and access to downtown offices and businesses.
Property SizeContact for details
Days on Market12
Property Features for 435 W WASHINGTON Street
General Information
Standard status
Active
Property subtype
Office
Zoning
R-5
Building Details
Year Built
1980
Buildings
1
Listing Agency:
RE/MAX Professionals
(217) 652-0875
Listed By:
Melissa Vorreyer · License #475100751
Source:
Crexi
Added: Aug 1
Changed: Aug 11
Last Checked: Aug 11 at 1:50PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Professionals
Investment Insights
Based on property information with market context.
Built in 1980, this commercial office building includes two small parking lots and additional off-street parking for visitors and users. The R-5 zoning supports office, retail, service, restaurant, and mixed-use possibilities, subject to applicable approvals.
The property is located at 435 W WASHINGTON Street in Springfield’s Central Business District, near the Capitol Complex, Sangamon County offices, and other downtown businesses. It is also within Springfield’s Central Area TIF District, where redevelopment incentives may be available subject to City approval.
The property is located at 435 W WASHINGTON Street in Springfield’s Central Business District, near the Capitol Complex, Sangamon County offices, and other downtown businesses. It is also within Springfield’s Central Area TIF District, where redevelopment incentives may be available subject to City approval.
Key Highlights
- R‑5 zoning supports office, retail, service, restaurant, and mixed‑use possibilities
- Two small parking lots plus additional off‑street parking
- Built in 1980
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,177
Businesses Nearby
Explore this area
Business Placement
Demographics for 62702, IL
33,712
Population
17,083
Households
2
Avg Household Size
41
Median Age
20%
College-Educated
90%
High-School Grad
15.4 sq mi
ZIP Area
2,189
Density / Sq Mi
$52,748
Median Household Income
$38,160
Median Earnings
$858
Median Rent
$102,300
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - R-5-zoned commercial property with two parking lots and access to downtown offices and businesses.
Where is this office building located?
The property is located at 435 W WASHINGTON Street Springfield, IL.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: R‑5 zoning supports office, retail, service, restaurant, and mixed‑use possibilities; Two small parking lots plus additional off‑street parking; Built in 1980
