217-741-0198
1028 S Grand Ave W, Springfield, IL for Sale
Office - FOR SALE
1/23
null | Request Cap Rate

1028 S Grand Ave W
Springfield, IL 62704


HIGHLIGHTS

  • 1028 S Grand Ave W, a former multi-tenant insurance headquarters and law office building, spans 25,062 square feet across 2 floors and a lower level.
  • Highly visible and easily accessible at the signalized intersection of S MacArthur Boulevard (21,000 VPD) and South Grand Avenue W (12,500 VPD).
  • Presented vacant to the market with flexible layouts for shared workspaces and private executive suites.
  • In addition to the office, the sale includes the parking lot directly east of the building and a commercial grass lot to the west, zoned S-2.
  • Property is centered within the highest population density in Springfield and surrounding communities.
  • Versatile redev. potential - ideal for continued office space or conversion to apartments, condos, co-working suites, or a mixed-use facility.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Former Insurance Headquarters/ Law Office

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1956

SPRINKLERS

-

PARKING SPACES

47

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,432 SF

ZONING

C

APN/PARCEL ID

22-05.0-229-004,22-05.0-229-005,22-05.0-229-006

ASK ABOUT THIS PROPERTY

Bill Marriott Jr.The Real Estate GroupMore Info
217-741-0198

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Bill Marriott Jr.The Real Estate GroupMore Info
217-741-0198

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.