312-327-5455
, Springfield, IL for Sale
Multi-Family - FOR SALE
1/12
null | Request Cap Rate

Hickox Collection
Springfield, IL


HIGHLIGHTS

  • PRIME LOCATION, STEPS FROM THE STATE CAPITOL.
  • ADJACENT TO THE GOVERN’S MANSION AND THE DANA THOMAS HOUSE.
  • QUALIFIES FOR THE HISTORICAL TAX CREDIT.
  • SIGNIFICANT RENOVATIONS, BOTH COMPLETED AND UNCOMPLETED.
  • DIVERSE UNIT MIX, VARIOUS STUDIO AND 1-BEDROOM LAYOUTS, TWO HOMES.
  • POTENTIAL TO ADD 6-8 ADDITIONAL UNITS.

OVERVIEW

The Hickox Collection, a 105-Unit portfolio located in downtown Springfield, IL, offers a significant value-add opportunity in a prime location, just steps from the State Capitol and historic downtown Springfield. The Unit mix is comprised of Nine Studios, 39 Renovated Studios, 20 One-Bedroom Units, 34 Renovated One-Bedroom Units, One Loft, and Two Homes. There is an additional Five- Story, ~10,000 Square Feet Structure on-site, suitable for parking or storage, as well as the potential to add 6 to 8 additional Apartment Units.

ASK ABOUT THIS PROPERTY

Kyle StengleMarcus & MillichapMore Info
312-327-5455

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Kyle StengleMarcus & MillichapMore Info
312-327-5455

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.