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
FOR SALE
Industrial properties

2160 E Enterprise St Springfield, IL 62702

1.66 ac lot
Entity Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US28-2996021
Property summary
AI-generated overview

This Springfield, Illinois industrial property offers a unique investment opportunity. The 3.3-acre lot features two buildings totaling 13,848 square feet. The western building, a roughly 7,500 square foot Quonset hut, includes an office with heating and window air conditioning. The eastern building, approximately 6,348 square feet, sustained fire damage and presents a redevelopment opportunity. The property is zoned I-1 and features one dock-high door. Built in 1999, this vacant warehouse is priced at $18.05 per square foot and offers significant potential for various industrial uses, expansion, or repurposing. The ample lot size allows for flexibility and future growth. The property's location in Sangamon County, Illinois, with APN 14-26.0-251-001, 14-26.0-251-002, provides easy access to Springfield's infrastructure and transportation networks. This modified lease property presents a compelling investment for businesses seeking expansion or redevelopment opportunities. The combination of a functional warehouse and a building requiring renovation provides a unique blend of immediate use and long-term potential.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Lot 1.66 ac (72,310 SF)
Zoning code I1
APN 14-26.0-251-001
UPID US28-2996021
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
  • JK-5 Construction, Inc Construction Company General Contractor
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
Stark Concrate INC · 1 yrs held
Stark Concrate INC
since 2025
Last sale
$250,000
3 recorded transactions
2025
$250,000
2025
Price N/A
2013
Price N/A
Zoning & alternative use
I1 · Springfield, IL
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?”
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