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212 W Laurel St 3,800 SF 100% Leased Office Building Springfield, IL 62704 $123,000 ($32.37/SF)

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Investment Highlights

GREAT LOCATION

FULLY RENTED

Executive Summary

Gr eat Inve stment Prope rty with four s eparat e units, all
units ar e fully r ent ed with gr eat stabl e income s, six years
flat rubbe r roof, t enants pay all the ir utiliti e s, owne r
pays the trash r emoval and groundske eping, zone changed
from R5B to S1 to allow small r e tail busine ss.

Flyer

Financial Summary (Actual - 2024)	Annual	Annual Per SF
Gross Rental Income	-	-
Other Income	-	-
Vacancy Loss	-	-
Effective Gross Income	-	-
Net Operating Income	$16,687	$4.39

Financial Summary (Actual - 2024)

Gross Rental Income
Annual	-
Annual Per SF	-

Other Income
Annual	-
Annual Per SF	-

Vacancy Loss
Annual	-
Annual Per SF	-

Effective Gross Income
Annual	-
Annual Per SF	-

Net Operating Income
Annual	$16,687
Annual Per SF	$4.39

Property Facts

Sale Type

Investment or Owner User

Property Type

Office

Building Size

3,800 SF

Building Class

Year Built/Renovated

1940/2017

Price

$123,000

Price Per SF

$32.37

Percent Leased

100%

Tenancy

Multiple

Building Height

1 Story

Typical Floor Size

3,254 SF

Building FAR

0.32

Lot Size

0.27 AC

Zoning

S1 - Commercial

Parking

10 Spaces (3.07 Spaces per 1,000 SF Leased)

Air Conditioning

1 1

Moderately walkable

70/100

Moderately drivable

60/100

Limited public transit

30/100

Fairly bikeable

50/100

Source: Local Logic^®

Property Taxes

Parcel Number	22-04.0-253-033	Improvements Assessment	$5,995 (2025)
Land Assessment	$25,584 (2025)	Total Assessment	$31,579 (2025)

Property Taxes

Parcel Number

22-04.0-253-033

Land Assessment

$25,584 (2025)

Improvements Assessment

$5,995 (2025)

Total Assessment

$31,579 (2025)

(217) 638-1360

Contacts

Jerry George
DAVID ZHANG
The Real Estate Group

Listing ID: 38373449
Date on Market: 11/7/2025
Last Updated:
Address: 212 W Laurel St, Springfield, IL 62704

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Contact the Sale Advisors

212 W Laurel St

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