Search
Brick Office Building
For Sale
$200,000

435 W WASHINGTON Street, Springfield, IL 62702

Commercial Sale, Springfield, IL

Property SizeContact for details
Lot Size0.15 Acres
Days on Market22

Property Features for 435 W WASHINGTON Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning R-5
Directions Property is easy to locate using GPS.
Standard status Active
APN 14280457013
Lot size 0.15 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description See County Records
Tax Annual Amount 9187
Legal Description See County Records

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air
Cooling system Central Air

Amenities

off-street parking

Building Details

Year built 1980
Floors in Building 2
Flooring type Tile, Carpet
Building materials Brick
Roof type Asphalt
Listing Agency: RE/MAX Professionals · RE/MAX International
Listed By: Melissa Vorreyer · License #475100751
Added: Jul 31 Changed: Aug 19 Last Checked: Aug 21 at 2:06PM
MLS# CA1045528

Copyright © 2026 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1980 brick office building is situated on 0.146 acres and includes tile and carpet flooring, natural gas forced-air heat, central air, public sewer, and an asphalt roof. The property is zoned R-5, with the source information identifying office, retail, service, restaurant, and mixed-use possibilities under that designation.

Located at 435 W WASHINGTON Street in Springfield’s Central Business District, the building is near the Capitol Complex, Sangamon County offices, and downtown businesses. Two small parking lots and additional off-street parking provide on-site vehicle access. The property is within Springfield’s Central Area TIF District, with redevelopment incentives subject to City approval.

Key Highlights

  • 0.146‑acre office property with a 1980 construction date
  • R‑5 zoning identified for office, retail, service, restaurant, and mixed‑use possibilities
  • Two small parking lots plus additional off‑street parking

Property Analytics

Current Use

Thrive Center for Wellness Psychotherapist

Suggested Use

Top Pick Storage Facility HVAC Service Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Auto Parts Store Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,177
Businesses Nearby

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

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office building - R-5-zoned commercial property with two small parking lots and additional off-street parking.
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: 0.146‑acre office property with a 1980 construction date; R‑5 zoning identified for office, retail, service, restaurant, and mixed‑use possibilities; Two small parking lots plus additional off‑street parking
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message