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Property profile & analytics

2601 Adlai Stevenson Dr Springfield, IL 62703-4393

  • Commercial real estate
  • 1.70 lot acres
OFF-MARKET
Last Sale
Nov 01, 2022
$755,000
Value Estimations
$730,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US28-4773383
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

  • Wise Finance of Springfield, llc / Loan Agency

Property Details for 2601 Adlai Stevenson Dr

Lot size
1.70 lot acres
Property type
Commercial real estate
APN
22-11.0-401-022
APU
22110401022

Description

This exceptional 1,800-square-foot end-cap retail space is available for lease at Patriot Plaza in Springfield, Illinois. Located at 2601 Adlai Stevenson Dr (cross street: Taylor Ave), this single-story building, constructed in 2004, sits on a 1.7-acre lot and offers excellent visibility and accessibility. The property boasts a generous 30-foot storefront, abundant natural light, and a convenient location near Interstate access, ensuring high traffic volume. The suite features a newly installed HVAC system and stubbed-out plumbing for restrooms, simplifying tenant improvements. With 95 total parking spaces available, ample parking is guaranteed for customers and employees. The B-1, Highway Business District zoning allows for a variety of retail uses. This property is part of a thriving retail center with a diverse tenant mix, creating a dynamic and convenient shopping environment. The location within an Enterprise Zone provides potential tax incentives for qualifying build-outs or remodels, making this an attractive opportunity for businesses seeking a cost-effective and high-traffic location. The property's APN is 22-11.0-401-022. This space is ideal for businesses seeking a high-visibility location with convenient access and ample parking in a vibrant Springfield retail center.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $730,000
    ML approach
    $740,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Springfield
County
Sangamon
State
Illinois
Longitude
-89.618
Latitude
39.7586
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
$32,753
$137,370
$233,090
$370,460
-
$412,110
$699,270
$1,111,380
More about this property
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