740 E Ash St. Springfield, IL 62703
36,631 SF on 2.39 AC Exceptional Class A Office Facility For Sale Or Lease
Property size:
36,631 SFLot size:
2.39 Acres- Added:
- Apr 9, 2025
- Days on Market:
- 364
- Last Refresh:
- Mar 16 at 9:06 am
Property Features for 740 E Ash St.
General Information
- Standard status
- Active
- Property type
- Other office properties, Office buildings, Other investment properties, Office properties & Spaces, Investment properties
- Size
- 36,631 SF
- Class
- A
- Elevators
- N/A
- Lot size
- 2.39 Acres
Building Details
- Year Built
- 1965
- Year Renovated
- 2008
- Buildings
- 1
- Stories
- 1
Listing agent Blake (217) 547-6650
Listing office (217) 547-6650
Listing date Apr 9, 2025
Overview
Class A Office Facility For Sale
This Class A freestanding office facility, located south of Downtown Springfield, offers a blend of timeless elegance and contemporary convenience. Originally constructed in 1965, the property underwent extensive renovations in 1994 and 2008, including a major addition in 2008. The 36,631 square foot property is situated on a 2.39-acre lot. The building features high-end finishes and thoughtfully designed spaces, including private offices, spacious conference rooms, break areas, and ample open workspaces. Previously home to the State Government for three decades, this location is suitable for another institutional entity or a large-scale end-user. The property is located just off S. 6th St, a thoroughfare with 12,400 AADT, and offers visibility and accessibility. Interstate 55 & 72 are minutes away, ensuring connectivity to regional hubs. It is near the Springfield Clinic Main Campus and historic landmarks like The Governor’s Mansion and Lincoln Home National Historic Site. The property includes a fully operational wet sprinkler system, a 450 AMP 3-Phase electric supply, and a 7’ X 7’ roll-up door for shipping and receiving. The property is in an Enterprise Zone and may qualify for a tax exemption on building materials for future construction, remodel, or rehabilitation, and abatement on the City of Springfield’s portion of the property taxes.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Office properties & Spaces
Location Insight
- Map
- Local Demand
- City
- Springfield
- County
- Sangamon
- State
- Illinois
- Longitude
- -89.646306
- Latitude
- 39.77874
Nearby Similar for Sale
FAQs
What type of property is this?
Office property - 36,631 SF on 2.39 AC Exceptional Class A Office Facility For Sale Or Lease
Where is this office property located?
The property is located at 740 E Ash St. Springfield, IL.
What is the asking price?
The asking price for this property is $2,900,000.
