909 6Th StSpringfield, IL 62703

This exceptional Class A multi-use property, located in the heart of Springfield, IL (909 S 6TH Street, 62703), presents a compelling investment opportunity. The building boasts 3,500 square feet of space, currently configured as six one-bedroom apartments on the second floor and 15 individual offices on the ground floor. The apartments generate monthly rental income ranging from $800 to $1,200, with tenants responsible for utilities and the landlord covering garbage. The ground floor, previously a dental office, is highly adaptable and can be subdivided due to its two separate HVAC systems, offering flexibility for residential or office use. The property features a full basement accessible via two wide staircases, offering significant additional potential. Ample parking is available with 16-33 off-street spaces, supplemented by free roadside parking. The building's prime location between Springfield Clinic and St. John's Hospital ensures high visibility and strong tenant demand. The asking price is $550,000, representing a 9% cap rate with 100% occupancy. The property is offered for sale, lease ($13.00/sqft), or potential partnership opportunities. This is a rare chance to capitalize on Springfield's thriving downtown area.