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    901 Macarthur Blvd Springfield, IL 62702

    Sponsored
    For Lease
    $6 SF/Yr ($14,516 /Mo)

    Spacious Warehouse, Ideal Location, 26,800 SF

    Lot size:
    26,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional single-tenant industrial warehouse, located at 901 N MacArthur Blvd in Springfield, Illinois, offers 26,800 square feet of versatile space. Situated on a substantial 48,500-acre lot, the property boasts one loading dock and is conveniently located near key Springfield areas, including the Mid-Illinois Medical District, the Illinois State Capitol Complex, and Downtown Springfield. Easy access to IL Route 97 ensures excellent transportation links. The building's zoning is B-2 County, within Sangamon County. Previously used for printing, the open layout provides adaptable space suitable for a wide range of businesses. The entire 26,800 square feet is currently vacant, presenting a unique opportunity for a single tenant to occupy the entire facility. The property features a fenced exterior area, adding to its functionality and security. This is a sublease opportunity. The address is 901 N MacArthur Blvd, Springfield, IL 62702, at the intersection of MacArthur Blvd and Dorlan Ave. The property includes one building.

    Property Features for 901 Macarthur Blvd

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    26,800 SF
    Total Rate
    14516.67

    Building Details

    Buildings
    1

    Unit(s) available at that property

    Space
    Size
    26,800 SF
    Rate per SF
    $6

    HighLights

    • 26,800 SF single‑tenant industrial warehouse available for sublease.
    • Located at 901 N MacArthur Blvd, Springfield, IL 62702.
    • Situated on a 48,500‑square‑foot lot with one loading dock.
    • Excellent location near Mid‑Illinois Medical District, Illinois State Capitol Complex, and Downtown Springfield, with easy access to IL Route 97.
    • B‑2 County zoning in Sangamon County.
    • Open layout suitable for various uses; currently vacant.
    Property Profile Location Intelligence

    Current Use by Public Records

    Frye-Williamson Press Inc. Commercial Printer Byers Printing Co Commercial Printer

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Sangamon
    State
    Illinois
    Longitude
    -89.6688858
    Latitude
    39.8120886

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    FAQs

    What type of property is this?
    Distribution property - Spacious Warehouse, Ideal Location, 26,800 SF
    Where is this distribution property located?
    The property is located at 901 Macarthur Blvd Springfield, IL.
    What is the lease rate?
    The lease rate is $6 SF/Yr.
    What are key features of this property?
    This property features: 26,800 SF single-tenant industrial warehouse available for sublease.; Located at 901 N MacArthur Blvd, Springfield, IL 62702.; Situated on a 48,500-square-foot lot with one loading dock.
    Request Owner's contact information
    901 Macarthur Blvd Springfield, IL 62702
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    Springfield, IL 62702
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    901 Macarthur Blvd Springfield, IL 62702
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