1439 Stevenson DriveSpringfield, IL 62703

Description

Excellent investment opportunity on highly visible Adlai Stevenson Drive! This well-maintained and extensively remodeled multi-use commercial property offers approximately 5,989 sq. ft. with multiple income-producing spaces already in place. The building features (3) separate office spaces plus (2) upper-level apartments with private exterior entrances—one 1-bedroom/1-bath unit and one 2-bedroom/1-bath unit. The majority of the property is currently leased, providing immediate rental income, while approx 1700sq. ft. remains available for an owner-user, additional tenant, office or other commercial use. The current owner has worked diligently to remodel and improve the property, creating an attractive and versatile building with numerous possibilities. Great opportunity for an investor looking for established rental income with additional upside, or a business owner who wants to occupy their own space while generating income from the remaining tenants. Must see to appreciate all this property has to offer!

Property Information

Property type

Commercial Sale

Building area

5,989 Sq Ft

Zoning

B-1

Days on market

8

MLS^® Listing#

CA1046957

Property Features

Cooling

Central Air · Wall/Window Unit(s)

Heating

Forced Air · Natural Gas · Electric

Flooring

Carpet · Concrete · Tile

Construction

Brick

Roof

Composition · Shingle

Sewer

Public Sewer

Water source

Public

Financial Details

HOA

Yes

Annual taxes

$8,127Tax year 2025

Parcel number

22100479016

Directions

Stevenson Drive across the street from Bunn