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Property profile & analytics

1514-1528 Springfield Rd Taylorville, IL 62568

  • Retail properties
  • 23,240 SF
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Retail properties

Property Details for 1514-1528 Springfield Rd

Year built
2005
Property size
23,240 SF
Property type
Retail properties
Property subtype
Restaurants

Description

This exceptional retail space, totaling 2,760 square feet, is located in a thriving Walmart shadow center in Taylorville, IL. Situated on a 3.1-acre lot, this single-story, 2005-built building offers a prime end-cap location with exceptional visibility and exposure to 14,400 vehicles daily. The property features a complete 2022 buildout, previously occupied by an optical store, including a large sales floor, optical lab, exam rooms, and more. The space is adaptable and could be divided to create two separate units. The property benefits from its location within a Tax Increment Financing (TIF) district and ample parking (128 spaces). The shopping center boasts a diverse tenant mix including Dollar Tree, Papa John's (coming soon), Great Clips, and others. The property is zoned C-2, Service Retail, and has an APN of 17-13-16-401-002-01 in Christian County. The entire shopping center benefits from prominent pylon signage. The surrounding area includes major retailers such as Walmart, AT&T, and more, ensuring high traffic and customer accessibility. Taylorville's location, approximately 30 miles from both Springfield and Decatur, IL, provides a strong regional draw. This property presents a unique opportunity for a variety of retail businesses seeking high visibility and a strong customer base. The total building size is 23,240 square feet, with 2,760 square feet currently vacant. The cross street is E. North 1500 Rd.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

  • Map
  • Local Demand
City
Taylorville
County
Christian
State
Illinois
Longitude
-89.3121
Latitude
39.5691
More about this property
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