Income Property

InvestmentSaleLandMulti-Family 2,398 SF

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Property Highlights

612 N 5th St
Springfield, IL 62702

Price: $275,000 (Previously $289,000)

Building Size: 2,398 SF

Available Space: 2,398 SF

Lot Size (acre): 0.129 AC

Zoning: R-5B

Tax PIN: 14-27.0-330-006

RE: $4,102.44

Year Built/Renovated: 1895 / 2020

Track: 12/0009.00

Documents

Brochure

NOI - Pro-Forma

Property Data

Property Description

Income/investment property, with a classic and modern appeal. Extensive and beautiful renovation completed in 2020. Has maintained 100% occupancy attracting medical professionals as tenants. Appraised for refinancing at $302,000.00. 2023 Net operating income = $22,680. Onsite Utilities include electric, gas, sewer and water.

Property owned by licensed Illinois real estate broker.

Area Description

Property is located immediately north of downtown Springfield in the heart of the Medical District, just one block from the new YMCA.

Map

201 W Springfield Ave, 11th floor Champaign, IL 61820 | 217-352-7712

www.CBCDR.com

The information found within this brochure is for informational purposes only, and is not audited, warranted or in any fashion guaranteed by Coldwell Banker Commercial Devonshire Realty. It is subject to verification and no liability for errors or omissions is assumed. Notice of Agency: Coldwell Banker Commercial Devonshire Realty is the exclusive agent for the seller/lessor and therefore represents the seller/lessor, unless expressed otherwise in writing with the parties to a transaction.