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531 E Washington St
Springfield, IL 62701
531 E Washington · Office Property For Sale

Property Facts

Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
18,924 SF
Building Class
B
Year Built
1962
Tenancy
Multiple
Building Height
5 Stories
Typical Floor Size
3,200 SF
Building FAR
5.43
Lot Size
0.08 AC
Zoning
S-3
Parking
21 Spaces (1 Spaces per 1,000 SF Leased)

About 531 E WASHINGTON ST , SPRINGFIELD, IL 62701

• 5 Story Building: ±15,879 sf • Plus Basement Area: ±3,045 sf • Floors 3 & 4 Available For Lease (See brochure for details) • On Capitol Square Downtown Springfield across from Abraham Lincoln Library and Museum • 1st Floor, Portion of 2nd Floor & 5th Floor currently leased. (See brochure Rental Income Sheet) • Heating/air conditioning and electrical for each floor (separate metering) • Elevator allows each floor to be locked for private access • Owner willing to condo building for commercial use (call for pricing) • Each floor has an allocated storage space in basement • See attached conceptual office layouts - Tenant’s floor plan easily adaptable. • Owner willing to provide Plumbing fixtures for restrooms and break room, HVAC duct work and fire protection sprinkler system • Zoning: City of Springfield Commercial S-3 Central Shopping District • 2018 Real Estate Taxes: $27,997.86

Property Taxes

Property Taxes

Parcel Number
14-27.0-383-029
Land Assessment
$28,007
Improvements Assessment
$360,705
Total Assessment
$388,712
  • Listing ID: 12997923

  • Date on Market: 6/26/2018

  • Last Updated:

  • Address: 531 E Washington St, Springfield, IL 62701

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