615 S 2nd St - Office/Residential FOR SALE


Springfield, IL 62704
$900,000 USD
217-547-6650
615 S 2nd St, Springfield, IL for Sale
$900,000 USD
Office/Residential - FOR SALE
1/23
null | Request Cap Rate

615 S 2nd St
Springfield, IL 62704


HIGHLIGHTS

  • Iconic Tudor Revival Architecture
  • Near Capitol & Medical District
  • Multi-Floor Office Layout
  • Dedicated & Ample Parking
  • Flexible Zoning
  • High-Demand Govt & Tourism Corridor

OVERVIEW

Coldwell Banker Commercial Devonshire Realty is proud to present a rare opportunity to own an iconic Tudor Revival-style office building near the Illinois State Capitol, the Medical District, and the heart of Downtown Springfield. As you approach the building, the architecture immediately sets it apart—classic Tudor details like timber framing, stone accents, bay windows, and rounded corner towers give it a distinctive, historic feel. The curb appeal is undeniable. Step inside the first floor, and you are welcomed by a secure reception area. Just off the lobby is a large corner meeting room that’s filled with natural light. Down the hall, you will find five private offices, each with windows, plus a full kitchen, a spacious mail room, two restrooms, and plenty of storage. Up on the second floor, the layout really opens up – there is an executive corner office with an adjoining assistant’s office and another generous meeting room. You will also find eight more private offices with windows, two southwest executive offices (one with its own storage room), a kitchenette, and a large open area that works well for cubicles. Two more restrooms round out the floor. The third floor wraps around with fifteen private offices of various sizes. There’s more open workspace, a kitchenette, and two restrooms. Across the street, a separate parcel includes 47 surface parking spaces, with 24 specifically reserved for this building—a big plus in this part of town. The property has flexible zoning that allows commercial and residential uses. It is perfectly suited for owner-users looking for prestigious headquarters, investors looking to lease space to multiple tenants with strong layouts in place, and developers ready to meeting the growing demand for downtown housing. Situated within walking distance of the Capitol, this property sits in the middle of a vibrant district surrounded by historic landmarks like the Governor’s Mansion, the Lincoln Home National Historic Site, the Old State Capitol, and the Illinois State Museum. The area is a major hub for state and federal agencies, bringing a constant flow of professionals—and increasing demand for both office and residential space.

FOR SALE DETAILS

PRICE

$900,000 USD

PRICE/SF

$46 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Iconic Tudor Revival Style Office Building

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Loft/Creative Space, Medical, Telecom Hotel/Data Hosting

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,199 SF

ZONING

R-5b

APN/PARCEL ID

14-33.0-284-019,14-34.0-154-025

ASK ABOUT THIS PROPERTY

Blake Pryor, CCIMColdwell Banker Commercial Devonshire RealtyMore Info
217-547-6650

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Blake Pryor, CCIMColdwell Banker Commercial Devonshire RealtyMore Info
217-547-6650

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