703 8TH Street, Springfield, IL, 62703
703 8TH Street, Springfield, IL, 62703Basics
- Date added: Added 2 weeks ago
- Category: Commercial
- Type: Commercial Sale
- Status: Active
- Lot size: 12160 sq ft
- Year built: 1864
- ListOfficeName: RE/MAX Professionals
- ListAOR: rmlsa
- MLS ID: RMACA1039673
Description
-
Description:
BACK ON THE MARKET DUE TO NO FAULT OF THE SELLER - OFFER WHILE YOU CAN! ATTENTION INVESTORS: Historic Dr. Henry Wohlgemuth House - ca. 1864. Located just one block from Lincoln's Home and the Elijah Iles House, this stately three-story solid brick Italianate-style building offers a rare opportunity to restore a piece of Downtown Springfield’s architectural history. This grand scale structure features rich character, original charm, and massive potential. While the property is in distressed condition and will require an extensive full interior restoration and cleanout, its historic bones, prime location, and generous size make it a standout investment opportunity in Springfield’s revitalizing downtown. The main level includes two expansive units with soaring ceilings, ideal for multi-family residential or mixed-use Commercial conversion. The second floor mirrors this layout with two additional large units, while the third floor offers four efficiency rooms, the original "maid's quarters", each were previously equipped with a kitchenette and toilet—perfect for future short-term rentals, studio apartments, or flexible workspace. A full, unfinished basement offers ample storage. Bring your vision and breathe new life into this iconic property—just steps from one of America's most treasured landmarks. Property will need a Cash buyer or strong Conventional/Construction financing. Seller is open to entertaining all reasonable offers!
Show all description
Location
- CountyOrParish: Sangamon
- Directions: Cook and S. 8th
Building Details
- NewConstructionYN: No
- Building Name: Dr. Henry Wohlgemuth
- Heating: Hot Water
- Exterior material: Brick, Vinyl Siding
- Roof: Composition Shingle, Flat
Amenities & Features
- Waterfront available: No
- GarageYN: No
- AttachedGarageYN: No
- FireplaceYN: No
- PoolPrivateYN: No
- Cooling: None
