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227 Adams St Springfield, IL 62701

Sponsored
For Sale
$795,000

Historic Mixed-Use Building, 29,168 sq ft

Property size:
29,168 SF

Description

Added:
Dec 11, 2024
Days on Market:
393
This exceptional 29,168 square foot mixed-use building, located at 227 E Adams St in Springfield, Illinois, presents a rare investment opportunity. Built in 1920, this two-story structure sits on a 0.83-acre lot (APN 14-34.0-102-037) and is zoned S-3. The property boasts a covered canopy entrance, a stunning reception area, a spacious two-story main hall with mezzanine, and arched windows overlooking one of three outdoor patios featuring a water fountain. The interior includes a variety of spaces suitable for diverse uses, such as large and small gathering areas, offices, entertainment spaces, a main kitchen, and smaller kitchenettes. Two elevators provide convenient access to both floors. Onsite parking is available. The property is being sold by judicial order and is subject to court approval. The sale is "as is," "where is," and "with all faults," without any warranties. Fixtures, furniture, and equipment (FF&E) are not included. This unique property offers a blend of sophistication and functionality in a prime downtown location, presenting significant potential for redevelopment or continued operation. The asking price is $795,000.

Property Features for 227 Adams St

General Information

Property type
Mixed-use properties
Square Feet
29,168 SF
Lot Size
36,155 SF

Building Details

Year Built
1920
Buildings
1
Stories
2

Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Springfield
County
Sangamon
State
Illinois
Longitude
-89.652148
Latitude
39.8008768

FAQs

What type of property is this?
Mixed-use property - Historic Mixed-Use Building, 29,168 sq ft
Where is this mixed-use property located?
The property is located at 227 Adams St Springfield, IL.
What is the asking price?
The asking price for this property is $795,000.
More about this property
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