Property profile

201 W Highland Ave Springfield, IL 62704

FOR SALE
Single Family Residence
Property ID
US28-0805755
1,996 SF 0.15 ac lot Built 1926
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201 W Highland Ave, Springfield, IL 62704 For Sale
$179,000 1,996 SF
201 W Highland Ave, Springfield, IL 62704
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Property summary

AI-generated overview

This commercial property is situated on the corner of Spring and Highland in Springfield, Illinois and contains 2,340 square feet in total. The building includes 1,440 square feet of office and display space and 900 square feet of warehouse space. The office/display area comprises a reception space, display areas, a kitchen, two large offices, and men’s and women’s restrooms. The warehouse is accessed via two 12' x 10' manual overhead doors, with an additional metal service door, and has ceiling heights of 11.5 feet at the sidewalls and 13.5 feet at the center. An unfinished basement provides storage beneath the office section. The property is zoned B-3 and is suitable for flex space, industrial, office, and warehouse uses.

Property profile

Verified
Property type Single Family Residence
Year built 1926
Total area 1,996 SF
Lot 0.15 ac (6,600 SF)
APN 03-32-100-010
UPID US28-0805755

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

201 W Highland Ave Springfield, IL 62704
Springfield metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2025
Last sale
$2.9M
5 recorded transactions
2025
Price N/A
2025
$2.9M
2023
$2.5M
2018
Price N/A
2017
$90,000
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