206 6Th St Springfield, IL 62701
- Commercial real estate
- 0.11 lot acres
Current Use by Public Records
- ASTC / Educational Consultant
- IARF / Association / Organization
- PrimeLending, A PlainsCapital Company - Greater Illinois / Mortgage Lender
- Margie Therapy / Counselor
- Big Dog Construction: Your Local Window Depot Springfield, IL / Construction Company / Window Installation Service
Property Details for 206 6Th St
- Lot size
- 0.11 lot acres
- Property type
- Commercial real estate
- APN
- 14-34.0-131-036
- APU
- 14340131036
Description
This Class A, three-story office building at 206 S 6th St, Springfield, IL 62701, offers 20,998 square feet of versatile space. Located in the heart of downtown, it boasts unique architectural details including a double-sided fireplace. The building features 9 suites, ranging from a minimum of 106 square feet to a maximum contiguous space of 5,090 square feet
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $255,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $255,000
- 6.5%
- $265,000
- 7%
- $270,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $245,000
- Geo Method
- $265,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $265,000
- Retail
- $260,000
- Mixed-Use
- $295,000
- Hospitality
- $240,000
- Educational
- $290,000
- Residential Income
- $250,000
- Energy
- $230,000
- Income-Based Land
- $270,000
- Food Service
- $275,000
Location Insight
- Map
- Local Demand
- City
- Springfield
- County
- Sangamon
- State
- Illinois
- Longitude
- -89.6476
- Latitude
- 39.8002
- CBSA code
- 44100
- CBSA name
- SPRINGFIELD, IL METROPOLITAN STATISTICAL AREA