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Property profile & analytics
OFF-MARKET
Office Spaces

2040 Timberbrooke Dr Springfield, IL 62702

5,960 SF
Property ID
Property summary
AI-generated overview

This exceptional commercial property at 2040 Timberbrooke Drive, Springfield, IL 62702, presents a compelling investment opportunity. The all-brick building boasts approximately 5,960 square feet of space, thoughtfully divided across two floors. The layout includes several versatile rooms, a welcoming reception area, and expansive meeting spaces, ideal for a variety of professional uses. Ample off-street parking is available for staff and clients, adding significant convenience. The building is conveniently located in an established area of professional offices, ensuring high visibility and easy access to downtown Springfield. Accessibility features include wheelchair access, catering to a diverse clientele. The asking price of $279,900 translates to an attractive price per square foot of under $50.00, representing significant value in the current market. With its prime location, functional design, and considerable potential, this property is poised for immediate occupancy or further development. The property is classified as Land and Office, and consists of one building. This is a rare opportunity to acquire a well-situated, versatile commercial building in a thriving Illinois market. Don't miss this chance to secure a valuable asset with strong potential for growth and return on investment.

Property profile
Verified
Property type Office Spaces
Total area 5,960 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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