528 S 5th St | Springfield, IL 62701
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528 S 5th St
Springfield, IL 62701
The Edwards Building · Office Property For Sale
INVESTMENT HIGHLIGHTS
- Currently 78 Percent Occupied - Upside Potential
- Largest Tenant Resident Since 1997 - Occupies Over 40 Percent of Space
- Total Levered Return of 23.08 Percent
- A Few Blocks From the State Capitol and Other State Offices
- Very Aggressive Pricing at 11.74 Percent Going In Cap Rate
PROPERTY FACTS
Property Type
Office
Building Size
17,536 SF
Building Class
C
Year Built/Renovated
1928/1998
Percent Leased
89%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
9,253 SF
Building FAR
1.49
Lot Size
0.27 AC
Zoning
H-3
PROPERTY TAXES
| Parcel Number | 14-34.0-180-041 | Improvements Assessment | $228,243 |
| Land Assessment | $71,285 | Total Assessment | $299,528 |
PROPERTY TAXES
Parcel Number
14-34.0-180-041
Land Assessment
$71,285
Improvements Assessment
$228,243
Total Assessment
$299,528
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