3132 E SANGAMON AVE

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3132 E SANGAMON AVE

SPRINGFIELD, IL 62702
Asking Price
$350K
Asset Type
Land
Class
Class B

What's Special

Land | 2.2 acres <p>Join the activity in the North Dirksen corridor! This corridor/interchange has become a great hub of activity with mix of national and local restaurants, hotels, retail, office, light industrial, and other uses. The area gets a nice combination of local, regional, and I-55 interchange traffic. ADT: Sangamon Ave/17,700, Dirksen Pkwy/19,400, I-55/37,800. Major retailers nearby include Walmart, Lowe’s, Menards, and Farm & Home Supply.</p><p> </p>

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NOI
$80,000
Cap Rate
22.86%
DSCR
3.85
Strong
Cash-on-Cash
56.40%
Monthly Payment
$1,731.609
Annual Cash Flow
$59,220.692

Location & Travel Times