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1200 N 5TH Street

Springfield, IL 62702
  • $120,000
  • STATUS: Active
  • ON SITE: 39 Days
  • ID#: CA1044811
UPDATED: 225 min ago
$120,000
  • 0
    BEDS
  • 0.19
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1950
County:
Area:

School Ratings & Info

Description

Freestanding office/retail building located on a signalized corner lot with strong visibility, convenient access, and multiple points of ingress/egress (13,500 AADT along N Grand Ave E). The building has a flexible layout featuring open areas on each end, several smaller rooms, and a kitchenette near the center. A small clothing store currently occupies the building. Located within the Mid-Illinois Medical District, property benefits from nearby investment and redevelopment, including Advanced Medical Transport/Medics First’s new headquarters and clinical training facility, along with newer facilities for DaVita Kidney Care and KED Plasma. Also, the property falls within the Enos Park TIF District and an Enterprise Zone – call OPED to see if you could qualify for incentives related to building rehabilitation, business improvements, City property tax abatements, and building materials sales tax exemptions.

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© 2026 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Ashley Coker Team | The Real Estate Group. Data last updated: 2026-08-09T23:44:48.97.
www.ashleycoker.com/homes/178331231
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1200 N 5TH Street Springfield, IL 62702

  • Price: $120,000
  • Status: Active
  • On Site: 39 Days
  • Updated: 225 min ago
  • ID#: CA1044811
0
Beds
0
Baths
0
½ Baths
0.19
Acres
1950
Built
Neighborhood:
Springfield
County:
Sangamon
Area:
Springfield
Property Description
Freestanding office/retail building located on a signalized corner lot with strong visibility, convenient access, and multiple points of ingress/egress (13,500 AADT along N Grand Ave E). The building has a flexible layout featuring open areas on each end, several smaller rooms, and a kitchenette near the center. A small clothing store currently occupies the building. Located within the Mid-Illinois Medical District, property benefits from nearby investment and redevelopment, including Advanced Medical Transport/Medics First’s new headquarters and clinical training facility, along with newer facilities for DaVita Kidney Care and KED Plasma. Also, the property falls within the Enos Park TIF District and an Enterprise Zone – call OPED to see if you could qualify for incentives related to building rehabilitation, business improvements, City property tax abatements, and building materials sales tax exemptions.
Exterior Features

Construction Materials BrickStone Parking Total 12 Roof AsphaltFlatMembraneSloped

Interior Features

Building Area Total 3372 Cooling Central Air Flooring CarpetConcreteTile Heating Forced AirNatural Gas

Property Features

Agent Owned No Frontage Type City StreetCorner LotPaved 2LanePaved 4Lane Lease Term Month To Month Levels OneFree Standing Owner Pays InsuranceManagementOtherTaxesRoof MaintenanceLawncareStructural Maintenance Possible Use ShowroomOtherFreestanding BuildingRetailOffice Sewer Public Sewer Tax Annual Amount 3297.1 Tax Incentive1 Yes Tax Year 2025 Tenant Pays CoolingElectricityGasHeatOtherTrash CollectionWater/Sewer Type Commercial Water Source City Water/ConnectedMunicipal/City Zoning S-3

Listing provided courtesy of Blake Pryor of Coldwell Banker Commercial Dev: .
© 2026 RMLS Alliance, LLC. All Rights Reserved.


© 2026 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Ashley Coker Team | The Real Estate Group. Data last updated: 2026-08-09T23:44:48.97.
 
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Ashley Coker Team | The Real Estate Group
3701 W. Wabash Ave.
Springfield IL, 62711