Office Building in Business
For Sale
Contact for pricing
2060 Timberbrooke Drive, Springfield, IL 62702
Commercial building with offices and tenant income potential.
Property Size4,256 SF
Price / SF$56.16
Days on Market1637
Property Features for 2060 Timberbrooke Drive
General Information
Standard status
Active
Size
4,256 SF
Total Parking Spaces
9
Property subtype
Business for Sale, Office
Zoning
R5-B
Building Details
Year Built
1992
Listing Agency:
CENTURY 21 Real Estate Associates Springfield
Listed By:
kevin graham
Source:
Crexi
Added: Feb 26, 2022
Changed: Aug 14
Last Checked: Aug 19 at 8:51PM
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 CENTURY 21 Real Estate Associates Springfield
Investment Insights
Based on property information with market context.
Located in a central west location on a business court, this property is surrounded by other offices, including a medical building, attorney's office, insurance agency, a real estate office building, and a non-profit agency. The ranch-style building features a lower-level walkout and a total of 4256 square feet. The main level includes 6 offices, a large open area, a bath, and a kitchenette. Currently, the main level is occupied by a photography studio, owned and operated for $1500 per month. The lower level has three office spaces, ranging from 400 to 600 square feet, with a shared bath. The lower level has two tenants on a month-to-month basis, and one space is vacant but has historically rented, generating a total of $1500. Constructed with 2 X 6 framing, the building features a good roof, a sprinkler system, and good mechanicals. The main level is handicap accessible. This property presents many possible uses and is suitable for owner occupancy or investment.
Key Highlights
- High‑traffic location on a business court with diverse professional offices.
- Ranch‑style building with a lower‑level walkout, totaling 4256 sq ft.
- Income‑generating property currently generating $1500/month with potential for increased rental income.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
507
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
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Frequently Asked Questions
What type of property is this?
Office building - Commercial building with offices and tenant income potential.
Where is this office building located?
The property is located at 2060 Timberbrooke Drive Springfield, IL.
What is the asking price?
The asking price for this property is $239,000.
What are key features of this property?
This property features: High‑traffic location on a business court with diverse professional offices.; Ranch‑style building with a lower‑level walkout, totaling 4256 sq ft.; Income‑generating property currently generating $1500/month with potential for increased rental income.
