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    1430 S 8Th St Springfield, IL 62703

    Sponsored
    For Sale
    $44,900

    COMMERCIAL - Springfield, IL

    Lot size:
    0.14 Acres
    Days on Market:
    68
    Last Refresh:
    Jan 5 at 5:06 am

    Property Features for 1430 S 8Th St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    B-1
    APN
    22030126008
    Lot size
    0.14 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Cooling system
    Central Air, Wall/Window Unit(s), Window Unit(s)

    Building Details

    Floors in Building
    2
    Flooring type
    Carpet
    Building materials
    Wood Siding, Frame
    Roof type
    Asphalt

    The Real Estate Group, Inc. (217) 787-7000 [email protected]

    Listing agent Dawn Sunley

    Listing date Oct 30, 2025

    Copyright © 2025 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Building Near S. Grand

    This two-story commercial building is available for sale. It is conveniently located less than one block from South Grand Avenue on a corner lot. The property is zoned B-1 and offers multiple office spaces that can be divided for multiple income opportunities. The building features three entrances, allowing for flexible division of the space as needed. A new roof was installed in August of 2024 and includes a transferrable warranty. The lot size is 0.14 acres. A shed located in the back of the property will remain.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Rolens Brothers Institute ... Musical Instrument Repair Shop Specialized Office Services Office Supply Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Sangamon
    State
    Illinois
    Longitude
    -89.645098
    Latitude
    39.786196

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    FAQs

    What type of property is this?
    Office building - Two-story commercial building with new roof and multiple entrances.
    Where is this office building located?
    The property is located at 1430 S 8Th St Springfield, IL.
    What is the asking price?
    The asking price for this property is $44,900.
    What are key features of this property?
    This property features: - New roof installed August 2024 with transferrable warranty; - Corner lot location less than 1 block from S. Grand Ave; - Free standing 2-story commercial property zoned B-1
    (217) 741-1865
    Request Owner's contact information
    1430 S 8Th St Springfield, IL 62703
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    Springfield, IL 62703
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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
    1430 S 8Th St Springfield, IL 62703
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