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Warehouse - Business 55 701 E Princeton Ave 18,000 SF Industrial Building Springfield, IL 62703 $290,000 ($16.11/SF)

Warehouses Illinois Springfield 701 E Princeton Ave, Springfield, IL 62703

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Investment Highlights

  • Quiet neighborhood
  • Beautiful wood bow trusses
  • Lots of natural light

Taxes & Operating Expenses (Actual - 2025)

Annual Annual Per SF
Taxes $97,092,000 $5,394.00
Operating Expenses - -
Total Expenses $97,092,000 $5,394.00

Taxes & Operating Expenses (Actual - 2025)

Taxes
Annual $97,092,000
Annual Per SF $5,394.00
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $97,092,000
Annual Per SF $5,394.00

Property Facts

Price $290,000 Rentable Building Area 18,000 SF
Price Per SF $16.11 No. Stories 1
Sale Type Owner User Year Built/Renovated 1950/2000
Property Type Industrial Tenancy Single
Property Subtype
Warehouse
  • Flex Light Manufacturing
  • Flex Research & Development
  • FlexLight Distribution
 Clear Ceiling Height 16’
Building Class C No. Dock-High Doors/Loading 2
Lot Size 1.50 AC No. Drive In / Grade-Level Doors 1
Zoning I-1 light industrial
Price $290,000
Price Per SF $16.11
Sale Type Owner User
Property Type Industrial
Property Subtype
Warehouse
  • Flex Light Manufacturing
  • Flex Research & Development
  • FlexLight Distribution
Building Class C
Lot Size 1.50 AC
Rentable Building Area 18,000 SF
No. Stories 1
Year Built/Renovated 1950/2000
Tenancy Single
Clear Ceiling Height 16’
No. Dock-High Doors/Loading 2
No. Drive In / Grade-Level Doors 1
Zoning I-1 light industrial

Amenities

  • 24 Hour Access
  • Storage Space
  • Air Conditioning
  • Locker Room
  • Shower Facilities

Utilities

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating
1 1
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100
Source: Local Logic®

Property Taxes

Parcel Number 22-03.0-308-012 Total Assessment $66,619
Land Assessment $35,204 Annual Taxes $97,092,000 ($5,394.00/SF)
Improvements Assessment $31,415 Tax Year 2025 Payable 2026

Property Taxes

Parcel Number
22-03.0-308-012
Land Assessment
$35,204
Improvements Assessment
$31,415
Total Assessment
$66,619
Annual Taxes
$97,092,000 ($5,394.00/SF)
Tax Year
2025 Payable 2026
(217) 971-2258

Still interested?

Contact the broker for more information about this property

Contact

  • Listing ID: 41882065

  • Date on Market: 8/25/2026

  • Last Updated:

  • Address: 701 E Princeton Ave, Springfield, IL 62703

The Industrial Property at 701 E Princeton Ave, Springfield, IL 62703 is currently available for Sale. Contact City Scape Real Estate for more information.

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Contact the Sale Advisor

Warehouse - Business 55 | 701 E Princeton Ave

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