402 Sangamon Ave Gibson City, IL 60936-1258

Property Details for 402 Sangamon Ave

Lot size

0.30 lot acres

Property type

Office Properties & Spaces

APN

09-11-11-205-007

APU

91111205007

Description

This exceptional three-story, 17,007-square-foot executive office building in Gibson City, Illinois, presents a unique owner-user opportunity. Built in 1977, the property sits on a 0.58-acre lot and boasts a desirable B1 zoning classification. The building features a well-maintained structure with a newer roof, fob access, a boiler/chiller system, and 300 AMP 3-phase power. The first floor, approximately 5,669 square feet, offers a flexible layout previously configured as a bank, including private offices, a conference room, teller area, lobby, restrooms, and a vault. The second floor, also approximately 5,669 square feet, provides ample space with high ceilings, large windows, and features including approximately 11 perimeter offices, two executive offices (23' x 12'), a conference room (27' x 16'), open work areas, a kitchenette, and restrooms. A mostly finished basement includes a large executive boardroom (32' x 32'), two additional offices, a kitchenette, restroom/lounge, server room, mechanical rooms, and another vault. The asking price is $479,000, translating to $21.82 per square foot. The sale includes a five-year deed restriction against financial institutions and financial services. The property is conveniently located at 402 N Sangamon Ave, Gibson City, IL 60936, near the intersection of Routes 54, 47, and 9, and just north of the downtown area. Ample parking is available. The total building square footage is 21,954 square feet. The property consists of one building with three usable levels.