2040 Timberbrooke Dr Springfield, IL 62702
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.