1861-1927 E Sangamon Ave
1861-1927 Sangamon Ave, Springfield, IL 62702
- Grocery -Anchored Shopping Center: Anchored by Schnucks, a dominant regional grocer generating strong year-over-year sales, driving consistent daily traffic to the center
- Strong National Tenant Roster: Diverse mix of national and regional tenants including Planet Fitness, USPS, Pet Supplies Plus, Rent -A -Center, and Sally Beauty
- 100% Occupied: Fully leased center providing immediate and stable in -place cash flow with no near-term leasing risk
- Long-Term Tenancy: Many tenants have occupied the center for decades, with an average tenancy exceeding 16 years
- Below -Market Rents : Average rents below market provide mark-to-market upside as leases roll
- Proven Retail Location: Positioned along E Sangamon Avenue with strong traffic counts and direct access to I-55 and surrounding retail corridors
- Well -Maintained Asset: Significant capital improvements completed including roof replacements, parking lot work, and facade upgrades
Building Details
- For Sale $17,385,000
- Property Type Retail
- Property Size 140,000 SF
- Lot Size 13 Acre
- Additional Rent Price on request
- Date Updated Jul 22, 2026
Reach out to the broker for more info on lease terms and amenities
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Contacts
Friedman Real Estate
Friedman Real Estate
Friedman Real Estate
Location
- City Springfield, IL
- Neighborhood Twin Lakes
- Zip Code 62702
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Walk score 64/100 Somewhat Walkable -
Transit score 29/100 Some Transit -
Bike score 66/100 Bikeable
Points of Interest
Springfield
2.37 miles
Thorntons
0.31 miles
Qik-n-EZ
0.49 miles
Marathon
0.71 miles
Circle K
1.08 miles
BP
1.29 miles
Shell
1.35 miles
Gas Depot
1.45 miles
Murphy USA
1.53 miles
Qik-N-EZ
1.55 miles
Blink
4.45 miles
Lot 9
0.32 miles
Lot 14
0.32 miles
Lot 8A
0.36 miles
Lot 18 A (Public Parking)
0.59 miles
Lot 18 (Public Parking)
0.69 miles
Lot E
0.79 miles
Lot 3
0.81 miles
Lot 1
0.99 miles
IDNR Parking Lot
1.00 miles
Geitl Park Parking
1.00 miles
Schnucks
0.04 miles
Ruler Foods
0.82 miles
ALDI
1.44 miles
Walmart Supercenter
1.63 miles
County Market
2.12 miles
Save-A-Lot
2.23 miles
The Keep Store
2.47 miles
Robert's Seafood Market
3.15 miles
JCPenney
3.22 miles
Humphrey's Market
3.49 miles
Listing Summary
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What is the asking price at 1861-1927 E Sangamon Ave?
1861-1927 E Sangamon Ave is currently listed for sale at Price on request.
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What is the total size of 1861-1927 E Sangamon Ave?
1861-1927 E Sangamon Ave has a total of 140,000 square feet.
