431 W South Grand Avenue, Springfield, IL 62704
Sangamon County
Key Facts
Description
Standout split-level office opportunity in the heart of Springfield, IL, just minutes from downtown and ideally positioned along South Grand Ave. This ±5,400 SF property offers exceptional visibility and a newly renovated upper level that is perfect for professional users seeking a modern, move-in-ready environment. The functional lower level has not yet been renovated. Recent renovation included a full roof replacement (2023), upper-level remodel (2019), Window and HVAC replacement (2019), and the addition of an ADA-compliant lift (2019), providing both comfort and accessibility. With approximately 25 on-site parking spaces, this property combines convenience, functionality, and prominent central-location exposure, making it an outstanding choice for businesses looking to elevate their presence in Springfield.
Property Information
Property Type
Commercial Sale
Year Built
1966
Living Area
5,398 sq ft
Lot Size
0.30 acres
Lot Dimensions
79x190
Parking Spaces
25
Zoning
R-5b
Days on Market
8
MLS® Listing#
CA1042004
Property Features
Flooring
Construction
Roof
Security
Sewer
Water Source
Financial Details
HOA
Yes
Annual Taxes
$10,087
Tax year 2024
Parcel Number
14-33.0-456-046
Directions
Heading N on 6th Street, turn left onto South Grand. In half-a-mile, the property will be on your right. Heading S on MacArthur Blvd, turn left onto South Grand Ave. In half-a-mile, the property will be on your left. Next to Vancil-Murphy Funeral Home
Affordability Calculator
$75,000
Estimated monthly payment
$1,996/mo
Principal $300,000 · Est. interest $418,527 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Springfield, IL
- 37
- Median Days on Market
- 1,833
- Median Sq Ft
- $113
- Median Price / Sq Ft
- 181
- Active Listings
- Its price per sq ft is 39% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Springfield, IL.
Location
Getting Around
Points of Interest in Springfield, IL
Showing the Springfield area map.
Nearby Schools
Springfield Learning Academy
School · 0.4 mi away
Lawrence Education Center
Secondary · 0.4 mi away
Blessed Sacrament School
School · 0.4 mi away
Butler Elementary School
Elementary · 0.6 mi away
Graham Elementary School
Elementary · 0.7 mi away
Cathedral School
School · 0.8 mi away
Trinity Lutheran School
Elementary · 0.9 mi away
Springfield High School
Secondary · 1.0 mi away
Black Hawk Elementary School
Elementary · 1.0 mi away
Early Learning Center
School · 1.0 mi away
Franklin Middle School
Secondary · 1.1 mi away
Dubois Elementary School
Elementary · 1.2 mi away
Sacred Heart-Griffin High School
Secondary · 1.2 mi away
Feitshans Elementary School
Elementary · 1.3 mi away
Douglas School
Secondary · 1.3 mi away
Lincoln Magnet School
Secondary · 1.3 mi away
Iles Elementary School
Elementary · 1.4 mi away
Harvard Park Elementary School
Elementary · 1.5 mi away
St Agnes School
School · 1.5 mi away
U S Grant Middle School
Secondary · 1.5 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 2824 S MACARTHUR Boulevard, Springfield, IL | $265,000 | — | — | 2,481 |
| 3131 S MEADOWBROOK Road, Springfield, IL | $265,000 | — | — | — |
| 3000 MEADOWBROOK Road, Springfield, IL | $265,716 | — | — | — |
| 805 COLORADO Court, Springfield, IL | $269,900 | 2 | 2 | 1,213 |
| 3712 Viking Boulevard, Springfield, IL | $275,000 | 3 | 3 | 2,110 |
| 1644 W Homewood Avenue, Springfield, IL | $275,000 | 3 | 4 | 6,260 |
Moving Cost Estimate
EXIT Agents in Springfield
Listing Courtesy: Todd P Smith Real Estate - Office: 217-441-8000
Presented by: Todd P Smith
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