313 W Madison Street Springfield, IL $ 149,900
313 W Madison Street
$ 149,900
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313 W Madison Street

Springfield, IL, 62702
$ 149,900
Bedrooms-- Baths-- Sq 5,000

Monthly Estimate*

$ 923

313 W Madison Street, Springfield, IL 62702 - Image 1
313 W Madison Street, Springfield, IL 62702 - Image 2
313 W Madison Street, Springfield, IL 62702 - Image 3
313 W Madison Street, Springfield, IL 62702 - Image 4
313 W Madison Street, Springfield, IL 62702 - Image 5
313 W Madison Street, Springfield, IL 62702 - Image 6

Commercial Property for sale in Springfield, IL

for $149,900. This 5,000 square foot building was built in 1900 on a lot size of 0.086823.

Unlock the fill potential of your operation with a versatile warehousing and distribution facility supporting storage, packaging, logistics, and shipping/receiving are ideal for ecommerce operations, while processing or fabrication uses with industrial characteristics can also be accommodated. The district further allows utility and public service functions such as water facilities or electrical substations, along with light manufacturing and assembly of components or goods that do not create significant nuisances. Industrial supporting operations, including contractor yards or equipment maintenance, may be permitted, often through conditional use. Additionally, cannabis craft growing or processing facilities have recently been approved as conditional uses within I1 in Springfield, provided they meet specific conditions such as restricted public access and fencing compliant with city standards.

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Commercial Active

Price

$ 149,900

Property Type

Commercial

Taxes

$ 3,237

Style

Lot Size

0.086823

Year Built

1900

Town/City

Springfield

County/Region

Sangamon

MLS | Web ID

12556773

Features
General
Cooling None
Zoning INDUS
Year Built 1900
Electric Other
Stories Count 2
Property Subtype Warehouse
Tax Year 2024
Gross Income 0
County Sangamon
Net Operating Income 0
Operating Expense 0
Property Type Commercial Sale Industrial
Status New
Directions on W Madison between Logan and Rutledge
City Springfield
MLS Area Springfield
Lot Size Square Feet 3782
Tax Annual Amount 3237.42
Additional Parcels Y/N N
Leasable Area 5000
Standard Status Active
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Exterior
Building Area Total 5000
Lot Dimensions 24X158
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* Excluded Features
List By
Parkvue Realty Corporation

Broker

sales@parkvuerealty.com

Email

Affordability Calculator

$1,193
Per Month
77%
23%
0%
Monthly Principal & Interest
$923
Monthly Property Taxes
$270
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/30/2026$149,900 Listed Price

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313 W Madison Street, Springfield, IL, 62702 is a Commercial Property for sale at $149,900 with 5,000 sqft and a lot size of 0.086823. 313 W Madison Street was built in 1900. The property's zip code is 62702 which is in Springfield, IL