This exceptional commercial property, located at 251 N 4th Street in Springfield, Illinois, presents a unique investment opportunity. The property consists of two buildings totaling 55,640 square feet, offering multiple suites within a vibrant mixed-use development. Currently, 1,560 square feet of space is immediately available, with additional space potentially available up to 2,750 square feet. Built in 2016, this Class D property features one-story buildings and is situated in a…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

What does the county charge?

No tax or assessment record is on file for this parcel in the county feed.

Value estimate

· Nov 2026

What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

Location intelligence

Which uses thrive at this corner?

Best fit: Laundry Service

Demand heat for this use is drawn on the map · LocInt grid

Demand index

Laundry Service10.0

Dry Cleaner9.2

Watch Repair Shop8.7

251 4Th St Springfield, IL 62701

County assessor · not on file Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

16 properties in this city

No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years, so the properties below are drawn from the whole city. They are neighbours, not transactions.

Comparable in this city

Value Estimation by Request
27,712 SF

1213-1221 Rand Rd

Retail properties & Spaces

1213-1221 Rand Rd, Arlington Heights, IL 60004

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Value Estimation
$325,000

0.07 Acres

1300 Central Rd

STORE, RETAIL OUTLET

1300 Central Rd, Arlington Heights, IL 60005-2857

View Details
Value Estimation by Request
18,000 SF

2524 Farragut Dr

Medical Office Space

2524 Farragut Dr, Springfield, IL 62704

View Details
Value Estimation by Request
14,500 SF

1000 Churchill Rd

Office Spaces

1000 Churchill Rd, Springfield, IL 62702

View Details
Value Estimation by Request

3501 Cockrell Ln

Specialty properties

3501 Cockrell Ln, Springfield, IL 62711

View Details
Value Estimation by Request

723 Bruns Lane Ct

Office Units

723 Bruns Lane Ct, Springfield, IL 62702

View Details

Similar Nearby for Sale

$290,000

Mixed-Use Building with Loft Apartment

A barber shop and a two-bedroom residence occupy separate floors under distinct leases.

617 E MONROE Street, Springfield, IL 62701

View Details
$1,330,000

0.12 Acres

Downtown Office Building with Elevator

Three-level office property with separate entrances, shared amenities, and an available second-floor suite.

600 E ADAMS Street, Springfield, IL 62701

View Details
$1,995,000

0.69 Acres

Brick Office Building

Downtown setting near county and federal courthouses, municipal offices, and the Lincoln home site.

400 S 9TH Street, Springfield, IL 62701

View Details
New

Contact for pricing

Mixed-Use Building with Loft Apartment

Street-level barber space and an upstairs two-bedroom residence are occupied under separate leases.

617 E MONROE Street #1 and 2, Springfield, IL 62701

View Details

Similar Nearby for Lease

New

Contact for pricing
21,000 sqft

Interior Office Suites in Historic Building

First- and second-floor offices include utilities and internet under gross leases, with reservable conference rooms for tenant use.

206 S 6th Street #North Interior, Springfield, IL 62701

View Details
Contact for pricing
14,688 sqft

Two-Story Office Building Corner Lot

Two-story office building offers multi-tenant first floor and flexible single-tenant second-floor layout on a corner lot.

208 S 5th St, Springfield, IL 62701

View Details
Contact for pricing

Historic Corner Storefront

S-3 zoning, dual entrances, period finishes, and flexible partitioning support varied retail configurations.

611 E MONROE Street, Springfield, IL 62701

View Details
New

Contact for pricing
4,104 sqft

Downtown Interior Office Suites

Interior office suites on the 1st and 2nd floors offered on gross leases with utilities and internet included.

206 S 6th St, Springfield, IL 62701

View Details
New

Contact for pricing
2,586 sqft

Downtown Office Suite with Parking

Office suite in downtown Springfield with gross lease terms and ample street parking nearby.

217 E Monroe St, Springfield, IL 62701

View Details
Contact for pricing
506 sqft

Downtown Office Suites

First- and second-floor office suites in a walkable downtown setting with nearby outdoor gathering spaces and parking options.

528 S 5th St, Springfield, IL 62701

View Details

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251 4Th St Springfield, IL 62701

Property summary