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1124 N Walnut St
Springfield, IL 62702
NEW PRICE - IL Dept. of Children and Family S · Office Property For Sale
Investment Highlights
- 100% Occupied by the State of Illinois - IL Department of Children and Family Services | Occupied by Illinois State Agency Since Construction-36 Years
- Mission-Critical Facility Operates 24/7 as a Child Intake Center
- DCFS Renewed for Another 5 Years in 2023 | 3.83 Years Remaining Term
- $250,000 in Tenant-Committed and Completed Improvements – Enhancing Long-Term Stability-High Quality Build-Out
- Professional Property Management | Property is in Excellent Condition Due to Ongoing Preventive Maintenance
- Roof is 27 years old; replacement likely needed in 3–5 years. Seller will either replace it or offer a credit at closing (est. cost: $100,000; bids in
Property Facts
Property Type
Office
Building Size
19,755 SF
Building Class
C
Year Built
1989
Tenancy
Single
Building Height
1 Story
Typical Floor Size
19,755 SF
Building FAR
0.35
Lot Size
1.29 AC
Zoning
C - Commercial
Property Taxes
| Parcel Number | 14-28.0-201-073 | Improvements Assessment | $351,802 |
| Land Assessment | $83,223 | Total Assessment | $435,025 |
Property Taxes
Parcel Number
14-28.0-201-073
Land Assessment
$83,223
Improvements Assessment
$351,802
Total Assessment
$435,025
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