Available Commercial Real Estate Properties
Sam Nichols Managing Broker
217-494-0800
Laikyn Harmony Marketing & Design
217-787-2800
4525 Wabash Ave, Suite A, Springfield, IL 62711 Office: 217-787-2800 Fax: 217-787-2802 | Website www.naitrue.com
Office - Retail - Indusrial
www.naitrue.com For Sale
For Sale / Lease
3020 S. 6th Street Springfield, IL 62703
1000 Churchill Road Springfield, IL 62702
*NEW LISTING*
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Total SF: +/- 15,430 SF Land Area: +/- 1.27 Acres Zoning: Office Formally used as: Sikich CPA Accounting Group 2010 Real Estate Taxes:$32,381.98 Class A office building located just east of Veterans Parkway and 1/2 block north of Jefferson Building interior amenities are numerous including an open two story lobby, versatile floor plan with natural light, private offices around the perimeter of the first floor and part of the second floor There are approximately 75 parking spaces on site and the grounds are nicely landscaped Phone system with updated software stays with the property Lease Amount: $170,000.00/ per year (3N)
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Total SF: +8,060 SF Land Area: +/-.71 acres (+/- 31,067.7 SF) Zoning: B-1 Highway Business Service District 2010 Real Estate Taxes: $19,660.60 Overhead door with depressed loading door on rear of building Building constructed in 1997 34 Parking Spaces Average Daily Traffic Count: 33,800 per IDOT Owner will consider leasing the property
l l l l l List Price: $785,000.00 l High visibility - among many national and
local retailers
l l List Price: $1,495,000.00 l Owner will finance down payment
For Sale
For Sale
*NEW LISTING*
*NEW LISITNG*
402 N. 4th Street Springfield, IL 62702
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Total SF: +17,189 SF Land Area: + .68 Acres (+29,621 SF) Zoning: B-2 General Business Service District Formerly used as: Ace Sign Co. 2010 RE Taxes: $8,522.00 ( 3 Parcels) Ace Sign is relocating their business to a larger facility Certain interior spaces remodeled in last 12 months Condition of building is well maintained - move in ready Central business district location in close proximity to St. Johns and Memorial Hospitals Visit www.naitrue.com for a block diagram floor plan
l l List Price: $395,000.00
125 S. Old Route 66 Williamsville, IL 62693
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Building Size: + 8,200 SF Land Area: + 1.65 Acres (+ 71,874 SF) Zoning: B-1 General Business Zoning permits broad spectrum of retail goods & services. 2010 Real Estate Taxes: $6,168.32 Formerly used as Kents IGA & Route 66 Dream Car Museum Located in TIF District Assessor’s Opinion of Value: $255,699.00 Owner’s improvement expenditures since 2003: $146,000.00 (invoices in office file)
l High visibility from Interstate 55 l List Price: $225,000.00
Office - Retail - Indusrial
217-787-2800
For Sale/Lease
For Sale
901 S. 2nd Street Springfield, IL 62704
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Building Size: +/-12,796 SF New 15 year warranty roof in 2003 Masonry 3 Level Bldg. Walking Distance To State Capitol Elevator brought up to code in 2008 34 parking spaces and on street parking Current Tenants Month to Month
l Owner will finance down payment l List Price: $795,000.00 Suite D - For Lease l l l l
Tenant Space: +/- 1,929 SF Prorata Common Area: +/- 323 SF Total Rentable Space: +/- 2,250 SF
Lease Price: $2,344/ Month Utilities Included
2350 Prairie Crossing Springfield, IL 62711
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Total SF: +/-32,700 SF Office /Showroom area: +/- 7,000 SF Land Area: +/- 4.57 Acres Zoning: City of Springfield B-1 2010 RE Taxes: $83,427.32 Assessor’s Opinion of Value: $3,406,587.00 (2010) Ceiling Height in Service Center: 16 feet Approximate Age: 11 years Formerly Saturn of Springfield car dealership Showroom and offices have northern exposure for best natural light Service bay that accommodates 17 floor lifts Paint Booth and Baker 6 restrooms and 2 breakrooms Fenced parking on backside of property 4 outdoor display canopies
l l l l l l List Price: $2,950,000.00
For Lease
For Sale
1722 E. Sangamon Springfield, IL 62702
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Space Available: Unit A: +/- 7,329 SF With End Cap Unit C: +/- 750 SF With End Cap Gross SF of Strip Mall: +/- 10,369 SF Zoning: B-1 Commercial City of Springfield +/- 70 Parking Places Perhaps best retail lease value in Springfield when all factors considered Tenant Concessions driven by length of lease and financial strength of Tenant Current Tenants: Papa Murphy’s Pizza, Chase Bank ATM on Site. In close proximity to the Illinois State Fairgrounds Pass thru expenses: capped at $4.50/ SF Owner willing to divide Across from Schnucks grocery store in Sangamon Center.
l l l l l Lease Price: $9.00 per SF + Pass thru
7075 Old Decatur Rd Riverton, IL 62561
Building Size: +/- 11,700 SF Land Area: +/- 10.9 Acres Zoning: B-3 General Business District 2010 RE Taxes: $2,407.04 Formerly used as: Fraternal Order of the Eagles Club Specialized lodge facility with 12’ foot ceilings Contains a large banquet hall, complete kitchen facility, a large social room with bar, 2 meeting rooms, 5 offices, and 4 bathrooms l Excellent Condition, built in 2008 l Near I-72 & RT 36 l Bank Owned Property l Listing Price: $399,000.00 l l l l l l l
(Reduced from $489,000.00)
Office - Retail - Indusrial
www.naitrue.com For Sale/Lease
For Sale
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425 S. 4th Street Riverton, IL 62561
118-120 S. 4th Street Springfield, IL 62701
*NEW LISTING*
*USER/INVESTOR PROPERTY
Apartment Complex for Sale Building A: 12 Units Building B: 6 Units Land Area: + 7.10 Acres Zoning: R-3, Riverton Zoning 2010 Real Estate Taxes: $12,133.88 All Apartments are Two Bedroom, 1 Bath Annual Income: $99,000.00 as of 9/6/2011 Visit www.naitrue.com for the Income Pro Forma
100% Occupied as of October 2011 Listing Price: $595,000.00
l 1 Business & 6 Residential Condominiums l Building Size: +/- 14,952 SF Above Grade (Includes Common Area) & +/- 4, 984 SF Basement l 1st floor commercial space: +/- 4,032 SF (vacant) l Land Area: + 5,460 SF l Zoning: City S-3 l Handicapped accessible with lift elevator l Annual Income: $63,000.00 as of 10-4-2011 l Potential annual income from Residential Units: +/-$66,000.00 l 2010 RE Taxes: $26,962.00 l Total Assessed Value: $1,059,894.00 l Units 302 and 303 are owned by others and are not part of this offering; they are both willing to sell l Four residential units are on month to month leases as of 8-25-2011. These four units are rented under market rent. l Visit www.naitrue.com for the floor plans and SF l Bank is currently remodeling 1st floor commercial space l Listing Price: $700,000.00 / Bank Owned
For Sale
For Sale
400-410 S. 11th Street Springfield, IL 62703
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Total Building Size: 9,692 Land Area: 24,320 SF Zoning: I-1 (Allows for light industrial use) 2010 Real Estate Taxes: $10,400.16 Well maintained office building close to downtown Some new A/C equipment in 2009 Loading dock Grade level overhead door Corner location Visit www.naitrue.com for a floor plan Available for occupancy now
Bank owned property List Price:$350,000.00 (Reduced from $450,000.00)
1801 S. 6th Street Springfield, IL 62703
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Total Building Size: +/- 3,700 SF Land Area: 60ft x 154ft (+/- 9,200 SF) Zoning: S-2 Formerly used as Star Graphics 2010 Real Estate Taxes: $5,170.72 Traffic Count at 6th and Laurel: 12,900 Owner has made the following improvements: -Complete interior painted - 2008 -New sink installed in break room area - 2009 -New phone outlets put in by AT&T - 2009 -Doorway to copy room widened - 2009 -Drain extension to redirect water coming from roof - 2010 -Second door put in copy room for access to receiving - 2010 -New electric breaker service box installed - 2010 Visit www.naitrue.com for floor plan Business expansion requires larger facility
l l l List Purchase Price: $210,000.00
Office - Retail - Indusrial
217-787-2800
For Sale
For Sale/Lease
3223 Lake Plaza Dr. Springfield, IL 62703
828 S. 2nd Street Springfield, IL 62704
*HUGE UPSIDE INVESTMENT
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Building Size: +/-2,925 SF Land Area: +/-.38 acres (+/- 16,500 SF) Zoning: S-2 City Currently used as a Dental Laboratory 2010 Real Estate Taxes: $7,165.84 Assessor’s Opinion of Value: $281,694.00 Owner of real estate is currently owner of Dental Lab and is willing to lease back +/- 50% of the building from the Buyer or vacate premises at time of sale Two separate HVAC systems and electric services All brick quality building, built by Shutt Construction Attached garage/storage space on south end of building Visit www.naitrue.com for floor plan
l l l l l List Price: $225,000.00
l Building Size: +/- 22,500 SF Plus Partial Basement l 1st Floor: +/- 4,800 SF l 2nd - 4th Floor: +/-5,900 SF Per Floor l Land Area: +/- 42,121 SF (+/- 100 parking spaces) l 2010 Real Estate Taxes: $14,349.98 Recent Updates: l New roof, 2011, 15 year warranty l 14 new HVAC units l Windows with lost seals replaced l Updated landscaping l Brick exterior resealed Oct. 2011 Preferred Financing: l For Buyer to purchase l For Tenant build out expense l List Lease Price: $3.50 per SF / NET to Owner l List Purchase Price: $775,000.00
For Sale/Lease
For Sale
531 E. Washington Springfield, IL 62701
l Space Available: 1st Floor: Leased to Pease’s Candy 2nd Floor +/- 3,200 SF 3rd Floor +/- 3,200 SF 4th Floor +/- 3,200 SF 5th Floor: Leased October 2011
l Building Zoning: S-3 l Five story office building with +/- 15,879 SF plus basement area of +/- 3,045 SF l New heating /air conditioning and electrical for each floor (separate metering) in 2004 l Owner will participate in financing l Owner willing to condo the building for commercial use l Each floor has separate utilities l Owner will provide the following plus installation: -Plumbing fixtures for restrooms and break room -HVAC, Duct work and Diffuser Grills l Lease Price: $2,400 / Month Rent per floor l Purchase Price: $1,750,000.00
151 Bruns Lane Springfield, IL 62702
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Building Size: +/- 11,000 SF Approximate lot size: 140 ft X 105 ft Zoning: R5-B (general residence and office) Building is priced with the expectation that the new owner will make interior renovations which may include installation of an elevator Building design lends itself to multi-tenant possibilities Superior visible location for an office building. Situated on Springfield’s west side with easy access to three main arterial streets to downtown One block north of Washington Street Average daily traffic count: 16,000
l l l List Price: $450,000.00 l All offers over $350,000.00 considered
Office - Retail - Indusrial
www.naitrue.com For Sale
For Sale
800 N. 10th Street Springfield, IL 62702
510 Apple Orchard Rd. Springfield, IL 62703
*INVESTMENT INCOME PROPERTY
l Building Size: +/- 10,050 SF l Land Area: Parcel A: +/- 172.64 x +/- 261.84 (+/- 1.04 Acre) Parcel B: +/- 188.74 x +/- 261.80 (+/- 1.13 Acre) l Zoning: Parcel A: City of Springfield B-1 Parcel B: R-5 / General Residence & Office l Current Gross Annual Income: $75,928.68 (Feb. 2011) l Six rental suites, five rented & one vacancy. Leases on file. Tenants pay own utilities plus prorata share of water and sewer l Bank owned property; actual expenses not available but estimated to be approximately $32,000 annually l Parcel A is improved with the office building and parking lot l Parcel B is unimproved l New roof October 2011 l List Price: $425,000.00 (Parcel A & B) l List Price: $75,000.00 (Parcel B)
For Sale/Lease 2505 S. Grand East Springfield, IL 62703
Total SF: +/-31,248 SF Land Area: +/- 1.50 Acres (+/_ 65,340 SF) Zoning: I-2 General Industrial District 2010 RE Taxes: $11,215.86 Billboard Income: $3,000 per year 2008 Appraised Value: $700,000.00 Assessors Opinion of Value: $451,191.00 Building suitable for multi tenants Features include recessed loading dock and 3 additional overhead doors l Location is close to Interstate 55 and offers easy access from the East and West l Traffic count: 15,500 cars per day per IDOT l LEASE PRICE: $3.75 / SF l Building Purchase Price: $395,000.00 l l l l l l l l l
Approx $10/SF including Land.
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Building Size: +/- 78,900 sq. ft Zoning: City I-1 Light Industrial (except one small parcel) Land Area: +/- 3.90 Acres Property is in good condition and is currently used by Goodwill Industries for processing, distribution center, training and administrative purposes Some of the features include: loading docks, sprinkler system and three elevators (one 2,500 pound and two 4,000 pound) Building has areas that are air conditioned and many of the windows were replaced 15 years ago Options for the use of the property are numerous Excellent for redevelopment Building exterior currently being painted
l l Entire City Block l List Price: $895,000.00
For Lease
2900 Old Rochester Rd Springfield, IL 62703
l Building Size: +15,000 SF Suite A: +10,000 SF (will divide) Suite B: Leased to Kone Elevator l Loading Dock available l Land Area: +1.711 Acre (+74,527.00 SF) l 2010 Real Estate Taxes: $14,221.76 l Zoning: I-1 light industrial l 14 foot overhead door & 10 foot overhead door at loading dock l Additional rent to tenant includes maintenance of interior, mechanicals including lighting, plumbing, fixtures, heating and air conditioning, utilities and janitorial services l Owner will warranty HVAC for 12 months l Landlord pays taxes and insurance and will provide management services, i.e. arrange for lawn care and will invoice separately if desired l Lease Price: $4.50 per SF l Monthly Rent: $3,750.00 Per Month
Office - Retail - Indusrial For Sale
623-629 E. Monroe Springfield, IL 62701
217-787-2800 For Sale
2001 W. Monroe Springfield, IL 62704
*NEW LISTING*
l Visit www.naitrue.com for building size. l Land Area: +/- 11,678 SF (+/- 100 Ft frontage on Monroe & +/- 90 Ft on S. 7th St) l Zoning: City S-3 l Assessors Opinion of Value 2009: $578,016.00 Tax Parcel ID #’s: 14-34-131-031 & 032 l Two connected buildings with 4 addresses l Building amenities & features assumes both buildings purchased as package l There is a three stop elevator and the buildings have a fire protection sprinkler system l Located across the street from a Federal Court Building and City of Springfield Municipal Building and other city, county and federal government agency buildings in the immediate area l Walking distance to hotels, restaurants and retail l List Price: $395,000.00
For Sale
11380 Darnell Road Mechanicsburg, IL 62520
l Building Size: Main Level: + 2,388 SF Basement: + 2,388 SF l Land Area: + .37 Acres (+ 16,117 SF per attached survey) l Zoning: S-2 Community Shopping & Office District l 2010 Real Estate Taxes: $7,322.28 l Formerly used as Springfield Shopper Newspaper sales office l Northwest corner of Chatham Road and Monroe Street l Next to Starbucks l Traffic Count: -Monroe: 14,800 -Chatham Road: 16,100 l Assessor’s Opinion of Value: $287,844.00 l Per previous owner: Roof 6 years old, Deck redone in 2007, Siding 5 years old l List Price: $249,000.00
For Lease
421 S. Grand Ave Springfield, IL 62704
*NEW PRICE*
Parcel A l Campground l Land Area: +/- 30 Acres l See Attachment For Descriptions Of Buildings l Owner will consider financing up to 10% l List Purchase Price $699,000.00 Parcel B l Vacant Wooded Contiguous Land l Land Area: +/- 17 Acres l Survey on brochure, www.naitrue.com l List Purchase Price $110,000.00 l Each Parcel may be purchased separately l Manager’s house is very nice and has a full basement l Campground has 20-25 hookups for motor home/campers l All campground maintenance equipment owned by seller remains with the property
l Total SF: 2,000 SF, 4,000 SF & 4,600 SF available l Zoning: Office l Improvements: 2000 SF & New Carpet, Tile, & Paint 4000 SF: Furnished space l Building offers many amenities including security system and natural lighted atrium l Co-tenants include: Allstate insurance Homebound Healthcare Rhonda Jenkins- Attorney at Law l Listing Agent has financial interest l Floor plans for each unit on property brochure (visit www.naitrue.com) l Lease Price 2,000 SF Unit: $2,250.00 / Mo l Lease Price 4,000 SF Unit: $4,500.00 / Mo l Lease Price 4,600 SF Unit: $5.175.00 / Mo
For Sale/Lease
For Lease
121 North Grand Ave. E Springfield, IL 62702
2319 W. Jefferson Springfield, IL 62702
* NEW LISTING*
*NEW LISTING*
INVESTMENT PROPERTY
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Building Size: +12,000 SF Land Area: + 29,935 SF 2010 Real Estate Taxes: $11,543.80 Zoning: S-2 Current Gross Income: $77,094.00 Potential Estimated Gross Income: $151,200.00 Traffic Count: 15,500/day per IDOT Space available for Lease: + 5,880 SF (divisible) Current Tenants: Papa Johns Holistic Pharmacy First Payday Loan Liberty Tax
l Lease space sizes: Option A: 1,437 SF Exclusive area + prorata of common area Option B: 2,249 SF Exclusive area + prorata of common area Option C: 3,686 SF (option A +B) +prorata of common area Cameron Smith: 1,900 SF + prorata of common area
l Finished space in the lower level of the building (serviced by an elevator) includes Kitchen, Training Room, and Restrooms. This space is considered common area in the building and is available for each tenants use l Storage area in basement is designated for each l Current Tenants in the building are Cameron Smith Accounting Firm and Harper Oil Company l Zoning: Office l Utilities and janitorial are tenants expense l Floor plans available on website brochure www.naitrue.com l Lease Price: $13.50 / SF
l Lease Price: $12.60 / SF l List Purchase Price: $680,000.00
NAI True Commercial Real Estates 2011 Transactions 01-01-11 thru 10-31-11
1/1/11 1220 Outer Park 3/1/11 917 Clock Tower, 340 4/1/11 2509 W. Iles, Unit C 5/17/11 423-427 E. Washington 6/20/11 1310- 1328 Outer Park 7/15/11 901 S. 2nd, Suite C 8/10/11 3501 Mayflower, H 9/6/2011 531 E. Washington 9/14/11 2900 Old Rochester Road 10/19/11 2653 W. Lawrence 11/4/11 2659 W. Lawrence
1/21/11 3/25/11 4/26/11 5/24/11 7/7/11 7/21/11 8/12/11 9/9/11 9/15/11 10/28/11 Pending
3535 Mayflower 2/15/11 506 W. Morton 3/25/11 2801 Peoria Rd 4/26/11 201-219 Durkin Dr. 5/28/11 616 Edwardsville Rd 7/8/11 1 W Old State Capital 7/25/11 600 S. 2nd St. 3rd Floor 9/6/11 2540 S. 1st St. 9/13/11 3675 S. 6th St 10/7/11 1000 Durkin Drive 10/28/11 736-800 N. Dirksen Parkway Pending
Opening January 2012 In YellowStone Plaza
Bring this coupon in for a FREE 7 day pass to our New Location at 4525 Wabash Ave, Springfield, IL 62711 Offer valid thru 3/31/12
4151 W. Jefferson 110-118 W Laurel 3415 S. Old Chatham Rd 1210 N. Main 3501 Mayflower, G 2701 E. Ash 127 E. Jefferson 536 Bruns Lane Walnut & Park 619-621 E. Monroe 808 N. Dirksen Parkway
Happy Holidays Wishing you and your family a Joyous and happy Thanksgiving and Christmas
4525 Wabash Ave, Suite A | Springfield, IL 62711 217-787-2800 (Direct) 217-787-2802 (Fax) | www.naitrue.com