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2524 Farragut
Springfield, IL 62704
2524 Farragut · Office Property For Sale
INVESTMENT HIGHLIGHTS
- Other medical buildings are in the immediate area as well as professional offices.
- Minutes from restaurants and shopping as well as downtown Springfield and the Medical District.
EXECUTIVE SUMMARY
Medical and professional office building for sale in an excellent location. Partially leased with medical/standard office suites available. Front 12,000 SF of building has a new roof and HVAC system in place along with a basement for storage. Also includes tax ID 14310256007. Listing agent has a financial interest in the property.
From Monroe, turn north on W. Lawrence. Turn left on Farragut.
From Monroe, turn north on W. Lawrence. Turn left on Farragut.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
18,000 SF
Building Class
B
Year Built
1970
Price
$1,200,000
Price Per SF
$66.67
Percent Leased
37%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
18,000 SF
Building FAR
0.28
Lot Size
1.48 AC
Zoning
S-1 - Special Use District
Parking
76 Spaces (4.16 Spaces per 1,000 SF Leased)
AMENITIES
- Air Conditioning
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $351,553 | |
| Land Assessment | $119,226 | Total Assessment | $470,779 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$119,226
Improvements Assessment
$351,553
Total Assessment
$470,779
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