Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    1800 Factory St Springfield, IL 62702-2820

    • Industrial properties
    • 3.00 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Aug 30, 2022
    Location Intelligence
    Property ID
    US28-3057377
    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

    • F J Murphy & Son Inc. / Plumber / Air Conditioning Contractor

    Property Details for 1800 Factory St

    Lot size
    3.00 lot acres
    Property type
    Industrial properties
    APN
    14-22.0-280-006
    APU
    14220280006

    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
    -89.6382
    Latitude
    39.8248
    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
    $13,331
    $35,547
    $115,242
    $150,789
    -
    $106,641
    $345,726
    $452,367

    Comparable in this City

    • Value Estimation by Request
      0.29 Acres

      905 Amos Ave

      INDUSTRIAL (GENERAL) • 0.29 Acres
      905 Amos Ave, Springfield, IL 62702
      View Details
    • Value Estimation by Request

      1601 Jefferson St

      Distribution properties
      1601 Jefferson St, Springfield, IL 62702
      View Details
    • Value Estimation
      $270,000
      0.83 Acres

      2437 5th St

      INDUSTRIAL (GENERAL) • 0.83 Acres
      2437 5th St, Springfield, IL 62702-1764
      View Details
    • Value Estimation by Request
      4.30 Acres

      Springfield, IL 62702

      INDUSTRIAL (GENERAL) • 4.30 Acres
      Springfield, IL 62702
      View Details
    • Value Estimation
      $250,000
      0.09 Acres

      313 Madison St

      INDUSTRIAL (GENERAL) • 0.09 Acres
      313 Madison St, Springfield, IL 62702-5017
      View Details
    • Value Estimation
      $305,000
      7.42 Acres

      2917 Dirksen Pkwy

      INDUSTRIAL (GENERAL) • 7.42 Acres
      2917 Dirksen Pkwy, Springfield, IL 62702-1409
      View Details

    Similar Nearby for Sale

    • $335,000
      6,000 SF

      Springfield Industrial Duo

      Two Buildings, Prime Location, I-55 Access
      2046 Keystone Dr, Springfield, IL 62702
      View Details
    • $243,000
      4.50 Acres

      Springfield Industrial Land - $243K

      4.5-acre commercial/industrial lot. High visibility.
      21-22 Atlanta St. & Farmers Market Rd, Springfield, IL 62702
      View Details
    • $1,463,200
      20.65 Acres

      Springfield Industrial Land - 20 Acres

      Prime I-1 zoned land, ideal for development.
      0 Atlanta St & Farmers Market Rd, Springfield, IL 62702
      View Details
    • Contact for pricing

      I-55 Frontage Commercial Land

      Springfield, IL commercial lot, high visibility.
      1736 Peoria Rd, Springfield, IL 62702
      View Details
    • $80,000
      8,620 SF

      Redevelopment Opportunity Near 4th & Carpenter

      Unique property with redevelopment potential near 4th & Carpenter.
      507 N 4Th St, Springfield, IL 62702
      View Details
    • $275,000

      Spacious Commercial Building with Fenced Lot

      8,000 sq ft building with overhead door and fenced lot.
      229 N Grand Ave, Springfield, IL 62702
      View Details

    Similar Nearby for Lease

    • $13 SF/Yr
      3,122 SF

      Sangamon Ave Commercial Property

      Versatile Space, High Traffic Area
      1720 Sangamon Ave, Springfield, IL 62702
      View Details
    • $7 SF/Yr
      12,000 SF

      Springfield Warehouse Space For Lease

      12,000 SF Warehouse, Utilities Included
      2900 Dirksen Pkwy, Springfield, IL 62702
      View Details
    • $12 SF/Yr
      5,640 SF

      MacArthur Blvd Commercial Property

      Versatile 5,640 SF Commercial Space
      1139 Macarthur Blvd, Springfield, IL 62702
      View Details
    • Contact for pricing

      Commercial Space in Springfield, IL

      Flex/industrial space with private bathroom and storage for rent.
      501 N Dirksen Pkwy, Springfield, IL 62702
      View Details
    • $6 SF/Yr
      9,900 SF

      Warehouse Space with Office

      9,900 SF warehouse space with offices for lease.
      3925 N Peoria Rd, Springfield, IL 62702
      View Details
    • $6 SF/Yr
      26,800 SF

      MacArthur Blvd Warehouse - Springfield, IL

      Spacious Warehouse, Ideal Location, 26,800 SF
      901 Macarthur Blvd, Springfield, IL 62702
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1800 Factory St
    Springfield, IL 62702-2820
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.