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    2046 Keystone Dr Springfield, IL 62702

    For Sale
    $335,000

    Two Buildings, Prime Location, I-55 Access

    Property size:
    6,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional Springfield, Illinois industrial property, located at 2046 Keystone, offers a unique investment opportunity. The property encompasses two buildings totaling approximately 11,900 square feet on a 4.39-acre lot, zoned I-1. The north building, boasting 6,000 square feet, features a climate-controlled office area and a heated warehouse with impressive 13-15.5-foot ceilings and 11 loading docks. The south building offers 5,900 square feet of cold storage space on the main floor, with additional lower level and second-story cold storage areas and 4 loading docks. The buildings are separated by a fenced yard, providing ample secure space. Built in 1954, this property benefits from convenient access to Interstate 55 and the Sangamon interchange. The asking price is $335,000, representing $167,500 per unit. This property is ideal for a variety of uses, offering both heated and cold storage capabilities. The property's location and features make it an attractive investment opportunity for businesses seeking efficient warehouse and office space with excellent highway access. The APN is 14-24.0-201-012 and the zip code is 62702.

    Property Features for 2046 Keystone Dr

    General Information

    Property type
    Distribution properties
    Square Feet
    6,000 SF
    Lot Size
    191,228 SF

    Building Details

    Year Built
    1954
    Buildings
    2
    Units
    2

    HighLights

    • Excellent Interstate 55 access.
    • Combined office/warehouse space with fenced yard.
    • North building: 6,000 SF, climate‑controlled office, heated warehouse, 13‑15.5' ceilings, 11 loading docks.
    • South building: 5,900 SF main floor cold storage, plus lower level and second‑story cold storage, 4 loading docks.
    • Available for sale or lease.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Realty agency Law Firm Restaurant 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
    -89.6053677
    Latitude
    39.8300124

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    FAQs

    What type of property is this?
    Distribution property - Two Buildings, Prime Location, I-55 Access
    Where is this distribution property located?
    The property is located at 2046 Keystone Dr Springfield, IL.
    What is the asking price?
    The asking price for this property is $335,000.
    What are key features of this property?
    This property features: Excellent Interstate 55 access.; Combined office/warehouse space with fenced yard.; North building: 6,000 SF, climate-controlled office, heated warehouse, 13-15.5' ceilings, 11 loading docks.
    Request Owner's contact information
    2046 Keystone Dr 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
    2046 Keystone Dr Springfield, IL 62702
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