601 Dirksen PkwySpringfield, IL 62703

For Sale
$3,200,000

Mixed-use manufacturing property, excellent investment.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional Springfield, Illinois investment opportunity encompasses a substantial 9.16-acre mixed-use industrial portfolio, ideally suited for savvy investors. The offering includes multiple parcels: 601 S Dirksen Pkwy, 2833 E Cook, 2901 E Cook, and 2929 E Cook, with associated tax IDs 14360177014, 14360177038, 14360177047, 14360176017, and 14360176018. A significant portion of this land (excluding 601 S Dirksen Pkwy) is currently under a long-term lease, exceeding 20 years, with an automatic annual renewal featuring built-in rent increases. This provides immediate and consistent cash flow. The property is zoned I-1, allowing for a variety of manufacturing uses. 601 S Dirksen Parkway itself is available for lease at $3,000 per month, NNN. This presents a compelling opportunity to acquire a substantial, income-generating industrial property in a prime Springfield location. The property's size and established lease agreement make it an attractive investment with significant long-term potential. Detailed financial information is available upon request. This is a rare opportunity to acquire a well-established, income-producing industrial portfolio in a thriving market.

Highlights

  • $3,200,000 asking price.
  • Industrial/Mixed-Use property in Springfield, IL.
  • I-1 zoning.
  • Includes multiple parcels totaling approximately 9.16 acres (2833 E Cook, 2901 E Cook, 2929 E Cook, and portions of 601 S Dirksen Pkwy).
  • 601 S. Dirksen Parkway separately leasable for $3,000/month NNN.
  • Long-term tenant in place (20+ years) on most parcels, with annual lease increases.

Location Insight

City
Springfield
County
Sangamon
State
Illinois
Latitude
39.7956124
Longitude
-89.6065117
601 Dirksen Pkwy, Springfield, Illinois

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601 Dirksen Pkwy
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