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Property profile & analytics

3100 Atlanta Springfield, IL 62702-1425

  • Commercial real estate
  • 0.87 lot acres
OFF-MARKET
Last Sale
Jun 16, 2021
$1,060,000
Value Estimations
$1,015,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US28-2853509
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

  • Commercial real estate

Property Details for 3100 Atlanta

Lot size
0.87 lot acres
Property type
Commercial real estate
APN
14-13.0-401-037
APU
14130401037

Description

This freestanding retail building, located at 3100 E Atlanta in Springfield, IL, offers 10,600 square feet of vacant space on a two-acre lot. Built in 2015, this Class B property features a single-story, wood-framed structure with 49 parking spaces. The building is zoned B-1 (City of Springfield) and is situated in a prime retail corridor, benefiting from high visibility and traffic counts exceeding 20,000 vehicles daily via nearby Route 55. Its location near major retailers like Lowe's, Menards, and Aldi, along with proximity to the Northfield Inn Suites and a transit stop, ensures strong accessibility and customer draw. The asking price of $800,000 represents a below-construction-cost opportunity. The property is easily divisible into two separate retail units, making it ideal for owner-users or investors seeking a flexible space. The median household income within a one-mile radius is $67,873, significantly higher than the city average. The property's convenient location, just 5.7 miles from Abraham Lincoln Capital Airport, further enhances its appeal. This vacant building presents a unique opportunity to establish a thriving retail presence in a high-demand area of Springfield, Illinois. The property's APN is 14-13.0-401-037.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $990,000
    ML approach
    $950,000

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


Location Insight

  • Map
  • Local Demand
City
Springfield
County
Sangamon
State
Illinois
Longitude
-89.6058
Latitude
39.8359
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
$31,819
$154,205
$205,690
$359,895
-
$462,615
$617,070
$1,079,685
More about this property
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