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703 S 8TH Street

Springfield, IL 62703
  • $99,500
  • STATUS: Active
  • ON SITE: 103 Days
  • ID#: CA1039673
UPDATED: 59 min ago
$99,500
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1864
County:
Area:

School Ratings & Info

Description

BACK ON THE MARKET DUE TO NO FAULT OF THE SELLER - OFFER WHILE YOU CAN! ATTENTION INVESTORS: Historic Dr. Henry Wohlgemuth House - ca. 1864. Located just one block from Lincoln's Home and the Elijah Iles House, this stately three-story solid brick Italianate-style building offers a rare opportunity to restore a piece of Downtown Springfield’s architectural history. This grand scale structure features rich character, original charm, and massive potential. While the property is in distressed condition and will require an extensive full interior restoration and cleanout, its historic bones, prime location, and generous size make it a standout investment opportunity in Springfield’s revitalizing downtown. The main level includes two expansive units with soaring ceilings, ideal for multi-family residential or mixed-use Commercial conversion. The second floor mirrors this layout with two additional large units, while the third floor offers four efficiency rooms, the original "maid's quarters", each were previously equipped with a kitchenette and toilet—perfect for future short-term rentals, studio apartments, or flexible workspace. A full, unfinished basement offers ample storage. Bring your vision and breathe new life into this iconic property—just steps from one of America's most treasured landmarks. Property will need a Cash buyer or strong Conventional/Construction financing. Seller is open to entertaining all reasonable offers!

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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: 2026-01-18T16:44:45.253.
www.ashleycoker.com/homes/168587689
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703 S 8TH Street Springfield, IL 62703

  • Price: $99,500
  • Status: Active
  • On Site: 103 Days
  • Updated: 59 min ago
  • ID#: CA1039673
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1864
Built
Neighborhood:
Springfield
County:
Sangamon
Area:
Springfield
Property Description
BACK ON THE MARKET DUE TO NO FAULT OF THE SELLER - OFFER WHILE YOU CAN! ATTENTION INVESTORS: Historic Dr. Henry Wohlgemuth House - ca. 1864. Located just one block from Lincoln's Home and the Elijah Iles House, this stately three-story solid brick Italianate-style building offers a rare opportunity to restore a piece of Downtown Springfield’s architectural history. This grand scale structure features rich character, original charm, and massive potential. While the property is in distressed condition and will require an extensive full interior restoration and cleanout, its historic bones, prime location, and generous size make it a standout investment opportunity in Springfield’s revitalizing downtown. The main level includes two expansive units with soaring ceilings, ideal for multi-family residential or mixed-use Commercial conversion. The second floor mirrors this layout with two additional large units, while the third floor offers four efficiency rooms, the original "maid's quarters", each were previously equipped with a kitchenette and toilet—perfect for future short-term rentals, studio apartments, or flexible workspace. A full, unfinished basement offers ample storage. Bring your vision and breathe new life into this iconic property—just steps from one of America's most treasured landmarks. Property will need a Cash buyer or strong Conventional/Construction financing. Seller is open to entertaining all reasonable offers!
Exterior Features

Construction Materials BrickVinyl Siding Roof Composition ShingleFlat

Interior Features

Building Area Total 8644 Cooling None Flooring Wood Heating Hot Water

Property Features

100 Year Flood Plain No Agent Owned No Building Name Dr. Henry Wohlgemuth Financing Cash OnlyCommercialConventional Foreclosure YN No Frontage Type Corner LotPaved 2Lane Irregular Lot YN No Levels Three Or More Lot Size Dimensions 80 X 152 Possible Use Other Sewer Public Sewer Tax Annual Amount 4910.78 Tax Incentive1 None Tax Year 24 Type Commercial Underground Storage Tank YN No Zoning H3

Listing provided courtesy of Crystal Germeraad of RE/MAX Professionals: .
© 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: 2026-01-18T16:44:45.253.
 
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Ashley Coker Team | The Real Estate Group
3701 W. Wabash Ave.
Springfield IL, 62711