925 E Ridgely AVE, Springfield, IL 62702
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925 E Ridgely AVE, Springfield, IL 62702
925 E Ridgely AVE, Springfield, IL 62702
925 E Ridgely AVE, Springfield, IL 62702
925 E Ridgely AVE, Springfield, IL 62702
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Listed by Blake Pryor • Coldwell Banker Commercial Dev
$ 299,000
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925 E Ridgely AVE Springfield, IL 62702

12,500 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 12,500 sqft

Price per Sqft $23

MLS Listing ID CA1047090

Year Built 1973

Annual Tax Amount $8,032

Tax Year 2025

Lot Size 5.250 Acres

Acres 5.25

Property Sub-Type Commercial

Source rmlsa

Property Description

12,500 SF +/- office or flex building with 3+ acres of underutilized land, a secure fenced-in yard, and ample on-site parking. The property was occupied by the State for several decades, and is well-suited for a large office user. The building could be repurposed for warehouse given its two 12't x 10'w loading docks, 16' clear heights, 400A, 120/240V, 3-ph electrical service, and wet fire sprinkler system. Recent improvements include a 40-gal water heater (2023) and three HVAC units (2023-2026). The property is on the north side of Springfield near the Fairgrounds, Downtown, and the major healthcare institutions (Memorial, HSHS, SIU Medicine). The property is in the Peoria Road TIF District and may qualify for City assistance. *One or more photo(s) were virtually staged.

Location

State IL

County Sangamon

Area Springfield

Zoning I-1

Direction East on Ridgely Ave from N. Peoria Rd. Property is on the north side of the street.

Interior

Heating Electric, Forced Air, Natural Gas

Cooling Central Air

Flooring Carpet, Concrete, Tile

Fireplace N

Exterior

View true

Roof Type Flat,Membrane

Total Parking Spaces 61

Garage 1

Building

Building Description Block,Brick,Frame,Stone, Other,Wireless Internet

Faces East on Ridgely Ave from N. Peoria Rd. Property is on the north side of the street.

Sewer Public Sewer

Water City Water/Connected, Municipal/City

Structure Type Block,Brick,Frame,Stone

Others

Tax ID 14-22.0-260-041

Security Features Yes


Alisa Sanders

Alisa Sanders

Agent

+1(217) 257-6622

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925 E Ridgely AVE