541 E BLACK AVE Active

Springfield,IL 62702

$ 499000

- Bed

- Bath

14170 SqFt


Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 14,170 sqft

Price per Sqft $35

MLS Listing ID CA1033227

Originating Board rmlsa

Annual Tax Amount $13,217

Tax Year 2023

Lot Size 1.800 Acres

Acres 1.8

Property Description

Imagine the possibilities!! This approx 15,000 sqft historic building is the birthplace of Marjorie Merriweather Post and was formerly used for over 100 years by The Kings Daughters Organization as a ladies dormitory. The building has 26 studio units (approx 538 sqft each) with full baths, a common area, a communal commercial kitchen, partial basement and elevator. 1.8 acre lot overlooks the Lincoln Park area neighborhood.Great proximity to downtown, the hospitals, the Brinkerhoff and Benedictine/Ursuline complex. New roof in 2022/23. Zoned R-3B.

Location

State IL

County Sangamon

Area Springfield

Zoning R-3B

Direction Black Avenue between North 5th Street and North 7th Street.

Interior

Heating Forced Air

Cooling Central Air

Flooring Other

Fireplace N

Exterior

View true

Roof Type Composition Shingle

Garage 1

Building

Faces Black Avenue between North 5th Street and North 7th Street.

Sewer Public Sewer

Structure Type Wood Siding,Frame

Others

Tax ID 14-22.0-326-065

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