115 6th St Springfield, IL 62701-1309
- Commercial real estate
- 0.11 lot acres
Feb 13, 2025
Current Use by Public Records
- Wild Rose Artisans Gallery & Boutique / Artistic Handicrafts / Gift Shop
- Clay Lick Creek Pottery / Pottery Store
Property Details for 115 6th St
- Lot size
- 0.11 lot acres
- Property type
- Commercial real estate
- APN
- 14-27.0-383-035
- APU
- 14270383035
Description
Offered for the first time in decades, this unique Springfield, IL property at 115 & 117 N 6TH Street presents a compelling investment opportunity. Located directly across from the Abraham Lincoln Presidential Library and Museum, this 13,200 square foot mixed-use building boasts a prime location attracting both tourists and locals. Extensively renovated in 2002, the property comprises three interconnected buildings, currently zoned S-3 Central Shopping District. The main level features three storefronts and two restrooms. The second level offers unoccupied finished office space with two additional restrooms and a lobby area, while the third level includes two apartments operating as Airbnbs and one long-term leased apartment. All floors are conveniently accessible via elevator and stairs, and both the second and third floors offer a large balcony. The building is equipped with fire sprinklers throughout. Included in the sale is an adjacent 8-car parking lot, a rare asset in downtown Springfield. This exceptional property is in fantastic condition and represents a rare opportunity to own a piece of Springfield's rich history. The seven units offer a diverse income stream, combining retail, office, and residential spaces. This is a truly unique and highly desirable investment property.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $360,000
- ML approach
- $375,000
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Location Insight
- Map
- Local Demand
- City
- Springfield
- County
- Sangamon
- State
- Illinois
- Longitude
- -89.6481
- Latitude
- 39.8022
- CBSA code
- 44100
- CBSA name
- SPRINGFIELD, IL METROPOLITAN STATISTICAL AREA