4,200 sqft

$499,000

8 Old State Capitol Plaza, Springfield IL, 62701

Price per sqft$118.81

Property size4,200 sqft

Property typeCommercial

Courtesy of TBFS Investments, Listing Contact:

Overview

Active

Listed Oct 14, 2026

Updated 6 days ago

Rare Downtown Investment Opportunity grossing $91,000 annually. Own a piece of historic Springfield with this meticulously maintained mixed-use property located right on Old State Capitol Plaze. The main floor features a commercial office with long term lease already in place through 2028 featuring 5 offices, a conference room and reception area. Upstairs, discover two beautifully updated, fully furnished residential units. Both apartments currently operate as high-performing short-term rentals with a proven, turnkey track record of impressive occupancy rates and exceptional cash flow. Situated steps away from the Old State Capitol, this property is ideal for a savvy investor looking to capitalize on a seamless, multi-stream revenue generator. Location, history, and verified profitability—all in one package.

Other Property Details

Taxes: $12,060
Tax Frequency: Annually

Listings courtesy of RMLS Alliance as distributed by MLS GRID

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