44,847 Square Foot Retail Space For Sale @ 3220 Stanton St

Property tours are available on the following days by appointment ONLY. Please contact Jeff Hamrick at 217-741-1961 or hamrick1@comcast.net to schedule. Friday, May 26th from 10AM to 12PM Thursday, June 1st from 2 to 4PM Investment Highlights ±44,847 SF vacant commercial building in Springfield, IL Prime location near the Interstate-55 and Interstate-72 interchanges Strong demographics in the trade area Redevelopment opportunity for retail and commercial users Excellent visibility with ±20,600 average daily traffic count One of the largest properties in the metropolitan area Current zoning accommodates many different uses Investment Overview Laketown Lanes is a vacant commercial building totaling ±44,847 SF and located at 3220 Stanton Street in Springfield, Illinois. 3220 Stanton Street is a one story building totaling ±44,847 SF affixed to a ±3.23 Acre land parcel. It offers investors a rare opportunity to acquire a sizeable property with significant upside potential. Positioned along a major arterial road, the “Property” is in close proximity to a wide variety of residential buildings and businesses. West of the Property is heavy commercial use, with many corporate offices and retail establishments. North and East of the Property is populated with residential units. South of the Property is also highly residential, with the University of Illinois and Lake Springfield on the extreme southern edge. Ingress and egress is available to the Property via two access points, along the western side of the property from Stanton Avenue and from the northern side of the property from Adlai Stevenson Drive. Adlai Stevenson Drive is primarily an east/west street that has four lanes of traffic and carries approximately ±20,600 vehicles daily. The Property is a ±3 minute drive to the Interstate-55 and Interstate-72 interchanges. The Abraham Lincoln Capital Airport is a ±17 minute drive to the northwest. Springfield, Illinois, is in the center of the state, strategically placed in proximity to Chicago, St. Louis and Indianapolis. As the largest city in central Illinois, Springfield reaches over ±536,000 people in a forty-mile radius. The city serves as the capital for the State of Illinois and is the hub for state government, along with its associated agencies. Medical and health care sectors are a core industry for both Springfield and the surrounding area, with Hospital Sisters Health System and Memorial Health Systems headquartered in the city. Springfield is also home to several institutions of higher learning including the University of Illinois-Springfield.