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Property profile & analytics

526 Grand Ave Springfield, IL 62704

  • Commercial real estate
  • 0.16 lot acres
Value Estimation
Last Sale
Dec 15, 2021
$61,500
Location Intelligence
Property ID
US28-3029368
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Relaxing Spa / Massage Spa
  • 88 Relaxing Massage / Massage Spa / Massage Therapist

Property Details for 526 Grand Ave

Lot size
0.16 lot acres
Property type
Commercial real estate
APN
22-04.0-127-050
APU
22040127050

Description

This exceptional 2,348 square foot commercial property located at 526 W South Grand Avenue in Springfield, Illinois, presents a unique investment opportunity. Currently configured as a thriving massage therapy business, the building offers remarkable versatility and potential for diverse uses. The main level boasts five individual offices, a convenient break room, a dedicated conference room, and a welcoming reception area. Two full bathrooms add to the functionality and convenience. An attached, heated one-car garage provides secure parking for one vehicle, complemented by six additional private parking spaces. The high visibility from South Grand Avenue ensures excellent exposure for any business. The property also includes a substantial 2,025 square foot basement with a full bathroom, offering significant additional space for storage, expansion, or conversion. The adaptable layout makes it ideal for a variety of commercial ventures, including but not limited to, continued use as a professional office space, or conversion into a duplex. This property is priced at $195,000 and offers a compelling combination of location, size, and features. The ample parking and convenient access make this a highly desirable commercial property. Schedule a showing today to explore the possibilities.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Springfield
County
Sangamon
State
Illinois
Longitude
-89.6625
Latitude
39.7866
CBSA code
44100
CBSA name
SPRINGFIELD, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,020
$12,447
$10,401
$22,848
-
$37,341
$31,203
$68,544
More about this property
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