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    15 Old State Capitol Plz Springfield, IL 62701
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    Property profile & analytics

    15 Old State Capitol Plz, Springfield, IL 62701

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    • Retail properties & Spaces
    • 14,688 SF
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Lexitas / Law Firm
    • HR Full Circle Consulting, LLC / Service Establishment / Human Resource Consulting
    • Brad Probst - Ware Group Advisor / Insurance Agency
    • JEI / Construction Company / General Contractor
    • LifestyleCPA - registered trademark of Financial Keepers, LLC / Accounting Firm

    Property Details for 15 Old State Capitol Plz

    Property type
    Retail properties & Spaces
    Property subtype
    Restaurants

    Description

    The Paragon Building, located at 15 S Old State Capitol Plaza in Springfield, Illinois (zip code 62701), presents a compelling investment opportunity. This two-story building, encompassing 14,688 square feet, features five individual suites, with 2,788 square feet currently vacant. The property is zoned S-3 and has the APN 143401300487. The building includes an elevator for convenient access to both floors. Currently available are three retail spaces ranging from 635 to 1,213 square feet. The building's traditional office design is complemented by high ceilings in the interior office suites. Tenants enjoy secure access via a main door directly from the Plaza sidewalk. This property is ideal for a variety of businesses seeking a prominent location in Springfield, Illinois. The building's multiple suites offer flexibility for various tenant needs, and the vacant space presents an opportunity for immediate occupancy or lease. The strategic location on the Old State Capitol Plaza ensures high visibility and accessibility. This is a rare opportunity to acquire a well-maintained, established office building in a thriving downtown area.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Sangamon
    State
    Illinois
    Longitude
    -89.6493
    Latitude
    39.8005
    More about this property
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