Mixed-Use Building with Loft
617 E MONROE Street #1 and 2, Springfield, IL 62701
For Sale
Contact for pricing
Street-level barber space and an upstairs two-bedroom residence are occupied under separate leases.
Property SizeContact for details
Days on Market24
Property Features for 617 E MONROE Street #1 and 2
General Information
Standard status
Total Parking Spaces
Property subtype
Zoning
Occupancy
Additional Details
Mixed-Use Components
Tenant in Place
Amenities
balcony
Building Details
Buildings
Stories
Tenancy
Listing Agency:
The Real Estate Group Inc
Listed By:
Rebecca Hendricks · License #475101139
(217) 725-8455
Source:
Crexi
Added: Oct 17
Changed: Nov 8
Last Checked: Nov 8 at 5:36PM
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 The Real Estate Group Inc
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Investment Insights
Based on property information with market context.
This S-3-zoned mixed-use property pairs a ground-floor barber shop with a second-floor, loft-style apartment. The commercial level has high ceilings, exposed brick accents, a full bathroom, and access to 10 off-street parking spaces available for rental use. Above, the two-bedroom residence includes a full bathroom and a balcony. The property is currently leased on both levels, with separate leases in place.
Key Highlights
- S‑3 zoning
- Ground floor occupied by a barber shop; upstairs is a two‑bedroom apartment
- Two separate leases; both levels are currently rented
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3,451
Businesses Nearby
Explore this area
Business Placement
Demographics for 62701, IL
1,354
Population
832
Households
1.6
Avg Household Size
36
Median Age
35%
College-Educated
86%
High-School Grad
0.4 sq mi
ZIP Area
3,385
Density / Sq Mi
$32,444
Median Household Income
$31,472
Median Earnings
$667
Median Rent
Market
Properties on Market for Mixed-use properties in Sangamon County
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Street-level barber space and an upstairs two-bedroom residence are occupied under separate leases.
Where is this mixed-use property located?
The property is located at 617 E MONROE Street #1 and 2 Springfield, IL.
What is the asking price?
The asking price for this property is $290,000.
What are key features of this property?
This property features: S‑3 zoning; Ground floor occupied by a barber shop; upstairs is a two‑bedroom apartment; Two separate leases; both levels are currently rented
