You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Office Spaces

104 Grand Ave Springfield, IL 62702

Built 1953
Property ID
Property summary
AI-generated overview

This exceptional commercial property, located at 104 E North Grand Avenue in Springfield, Illinois, presents a unique investment opportunity. Listed at $69,000, this property combines land and a 1953-built office building, offering versatility and potential. The building currently features multiple offices and a reception area, providing a flexible layout adaptable to various business needs. Its previous use as a successful work/live space highlights its adaptability and potential for diverse applications. The property's prime location on E North Grand Avenue in Sangamon County (zip code 62702) boasts high traffic counts, ensuring excellent visibility and accessibility. The building's existing configuration allows for immediate occupancy, while its adaptable design permits easy conversion to a single-use space, catering to a wide range of commercial ventures. This property is an excellent choice for entrepreneurs seeking a well-situated, adaptable space, or investors looking for a strong return on investment in a thriving Illinois market. The coordinates are 39.8165483 latitude and -89.6339212 longitude. This is a rare opportunity to acquire a versatile commercial property in a high-traffic area at an attractive price point.

Property profile
Verified
Property type Office Spaces
Year built 1953
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
  • lifetime Medical Clinic
  • Crossroads Transitional Living Program Charitable Organization Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 104 Grand Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message