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509 W CAPITOL Avenue, Springfield, IL 62704

Sangamon County

Key Facts

43,000Sq Ft
1987Year Built
0.90Lot (acres)

Description

Amazing location with on site surface & secure underground garage parking! This property is near the State of Illinois Capitol Building, with 3 stories of +/- 43,000 sq. ft. of office space. Interior finishings include brand new quality carpet, marble halls, freshly painted dry wall, acoustical tile ceiling, ADA restrooms, two four-stop elevators, and newly installed fiber data cable and security system. This solid brick 35 year old building is nicely landscaped with ADA accessibility and both surface or underground parking. Imagine being able to park in a secure environment, out of the cold or rain, just steps from the State Capitol!

Property Information

Property Type

Commercial Lease

Year Built

1987

Living Area

43,000 sq ft

Lot Size

0.90 acres

Lot Dimensions

268'x158'

Zoning

R-5c

Days on Market

15

MLS® Listing#

CA1043229

Property Features

Financial Details

HOA

Yes

Annual Taxes

$67,581

Tax year 2025

Parcel Number

14-33.0-206-018

Directions

NE corner Capitol Ave and New St Traveling on Monroe Street, head S onto New Street, the property will be second on your left. Traveling on Capitol Ave, the property sits between New & Lewis Street

Affordability Calculator

$60,000

Estimated monthly payment

$1,597/mo

Principal $240,000 · Est. interest $334,821 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Springfield, IL

38
Median Days on Market
1,827
Median Sq Ft
$112
Median Price / Sq Ft
176
Active Listings

Market statistics compiled from active EXIT Realty® and MLS listings in Springfield, IL.

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Similar Home Values

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3101 S MACARTHUR Boulevard End-Cap, Springfield, ILPrice on request6,500
449 N WALNUT Street, Springfield, ILPrice on request1,200

Moving Cost Estimate

EXIT Agents in Springfield

Listing Courtesy: Todd P Smith Real Estate - Office: 217-441-8000

Presented by: Todd P Smith

Based on information submitted to the MLS GRID as of 2026-04-23. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by Capital Area Association of Realtors. MLS® Listing#CA1043229. © 2026EXIT Realty®. All rights reserved.