227 Adams StSpringfield, IL 62701

For Sale
$795,000

Historic Mixed-Use Building, 29,168 sq ft

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 29,168 square foot mixed-use building, located at 227 E Adams St in Springfield, Illinois, presents a rare investment opportunity. Built in 1920, this two-story structure sits on a 0.83-acre lot (APN 14-34.0-102-037) and is zoned S-3. The property boasts a covered canopy entrance, a stunning reception area, a spacious two-story main hall with mezzanine, and arched windows overlooking one of three outdoor patios featuring a water fountain. The interior includes a variety of spaces suitable for diverse uses, such as large and small gathering areas, offices, entertainment spaces, a main kitchen, and smaller kitchenettes. Two elevators provide convenient access to both floors. Onsite parking is available. The property is being sold by judicial order and is subject to court approval. The sale is "as is," "where is," and "with all faults," without any warranties. Fixtures, furniture, and equipment (FF&E) are not included. This unique property offers a blend of sophistication and functionality in a prime downtown location, presenting significant potential for redevelopment or continued operation. The asking price is $795,000.

Property Details for 227 Adams St

Property type
Other mixed-use properties, Mixed-use properties
Square Feet
29,168 SF
Year Built
1920
Buildings
1
Stories
2
Lot Size (sq. ft)
36,155 SF

Location Insight

City
Springfield
County
Sangamon
State
Illinois
Latitude
39.8008768
Longitude
-89.652148
227 Adams St, Springfield, Illinois

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227 Adams St
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