$625,000
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987 Clock Tower Drive, Springfield, IL 62704

Money maker! Priced at an incredible 11% cap rate! Fully leased 2 story building with many updates in recent years. 6 full leased 1 bedroom apartment on the 2nd floor and 5 commercial/retail spaces that are fully leased on the ground floor. Apartment and some retail spaces individually metered . W& D hookups for each apt. Presently the first floor has 4 individual salons and 1 tattoo/artist studio. Excellent visibility from Veterans Pkwy.

  • MLS# CA1023295
  • Date Listed07/07/2023
  • Bedrooms -
  • Bathrooms
  • Lot Size 0.85 acres (37,026 sq. ft)
  • Sewer Public Sewer
  • County Sangamon

Interior Features

  • Flooring Carpet, Other, Wood
  • Cooling Central Air
  • Heating Forced Air

Exterior / Lot Features

  • Roof Metal
  • Lot Size Acres 0.85
  • Lot Size SQFT 37,026.00
  • Lot Features Cul- De- Sac

Financial Considerations

  • Tax Amount $13,346
  • Terms Cash, Conventional, FHA, VA Loan

Sales & Tax History

Source: Public Records

Population & Environment

Source: Sperling's Best Places

Walkability in IL / 62704

Source: Walkscore

63/100

Somewhat Walkable

Walk Score ®

30/100

Some Transit

Transit Score ®

45/100

Bikable

Bike Score ®

Overview

Some errands can be accomplished on foot. A few nearby public transportation options. Minimal bike infrastructure.

Transit Summary

6 nearby routes: 6 bus, 0 rail, 0 other


Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 27/100, Transit Score: 18/100, Bike Score: 41/100.

Points of Interest near 987 Clock Tower Drive, Springfield, IL 62704

Frequently Asked Questions for 987 Clock Tower Drive

Source: Realty.com

987 Clock Tower Drive, Springfield, IL 62704 is a , Commercial Sale property listed for $625,000 The property is - sq. ft with - bedrooms and 0 bathrooms

Realty.com has 30 photos of 987 Clock Tower Drive.

The full address for this home is 987 Clock Tower Drive, Springfield, IL 62704.

987 Clock Tower Drive has been listed on Realty.com since Fri July 07, 2023

Some errands can be accomplished on foot. A few nearby public transportation options. Minimal bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 27/100, Transit Score: 18/100, Bike Score: 41/100.

Listing provided courtesy of: Todd P Smith Real Estate (tel: 217-441-8000)
Listing agent: Matt Debackere (tel: 217-971-3138) (#CA3138)

This content last refreshed on 2025-11-14 08:06:29. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 987 Clock Tower Drive, Springfield, IL 62704 : MLS# CA1023295