1200 N 5th St, Springfield, IL 62702, Springfield, IL 62702
sale
$120,000
|
Office
Courtesy Of Coldwell Banker Commercial Devonshire Realty
Located within the Mid-Illinois Medical District, the property benefits from proximity to an area that has continued to experience investment and redevelopment. Nearby projects include Advanced Medical Transport/Medics First's new headquarters and clinical training facility in partnership with Memorial Health and Illinois State University's Mennonite College of Nursing, along with newer facilities for DaVita Kidney Care and KED Plasma. The property is also situated within the Enos Park TIF District and an Enterprise Zone, which may provide access to incentives for building rehabilitation, business improvements, potential City property tax abatements, and building materials sales tax exemptions. Buyers should contact the City of Springfield's Office of Planning and Economic Development to confirm available incentives and eligibility.
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Property Features
- Age: Over 50 Years Old
- Architecture Style: Other
- MLSID: LNNT7N
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