NEW LISTING: 616 Edwardsvill Rd, Troy IL

616 Edwardsville Road

Troy, IL

Highlights:

• Main Building Total SF: +/- 1,350 SF
  
• Service Building Total SF: +/- 720 SF
  
• Land Area: +/- 47,158 SF ( 146’ X 323’)
  
• Zoning: C-2 General Commercial
  
• Formerly used as a car dealership
  
• 2009 Real Estate Taxes: $12,538.40
  
• 1/3 mile from Interstate 55
  
• Fair Market Value per Assessor: $529,620.00
  
• Parcel ID: 09-222-0802-201-007
  
• Traffic Count +/- 12,800 daily at site
  +/- 38,000 daily on I-55
  
• Room for 90+ cars
  
• Both buildings are 12 years old
  
• Listing Price: $429,000.00

Click here to view full brochure and photos

Listing Agent
Kirk Jefferis
217-971-2258 (direct)
217-787-2800 (office)
Kirk@naitrue.com
www.naitrue.com

Feature Property of the Day

AVAILABLE $274,900.00
536 Bruns Lane
Springfield, IL

Highlights

• Building Size: +/- 3,000 SF
• Design allows for purchaser to lease up to 50% of space.
• Commercial Condominium 3 units
• Zoning: City B-1
• Lease with purchase option will be considered.
• Formally used as: Lincoln Land Physical Therapy
• Commercial condominium with abundant parking one half block south of Jefferson.
• Unit 3 is the most easterly unit.
• Pylon sign allows for street identity.
• Buildout will likely accommodate a lot of users without much buildout.
• Use options include office, retail or other type business.
• Listing Price: $ 274,900.00
• Lease Price: $9.50 3N

To view full brochure & photos click here

Listing Agent:
Sam Nichols
217-494-0800 (direct)
217-787-2800 (office)
Sam@naitrue.com
http://www.naitrue.com/

Feature Property of the Day

FOR SALE
2350 PRAIRIE CROSSING BLVD.
SPRINGFIELD, IL 62711

Highlights

• Total SF: +/-32,700 SF
  Office /Showroom area: +/- 7,000 SF
  
• Land Area: +/- 4.57 Acres
  
• Zoning: City of Springfield B-1
  
• 2009 RE Taxes: $80,389.24
  
• Assessor’s Opinion of Value: $3,358,227 (2009)
  
• Ceiling Height in Service Center: 16 feet between structural framing
  
• Approximate Age: 11 years
  
• Formerly Saturn of Springfield car dealership
  
• Showroom and offices have northern exposure for best natural light.
  
• Service bay that accommodates 17 floor lifts
  
• Paint Booth and Baker
  
• 6 restrooms and 2 break rooms
  
• Fenced parking on backside of property
  
• 4 outdoor display canopies
  
• Potential out lot for future sale/development on east portion of property
  
• Sale Price: $2,950,000.00

Click here for Virtual Tour/ Full Brochure/Photos/ Floor Plan

Listing Agent:
Sam Nichols
217-494-0800 (direct)
217-787-2800
sam@naitrue.com
www.naitrue.com

Feature Property of the Day

FOR SALE OF LEASE

1000 Durkin Drive

Springfield IL

Highlights

• Total SF: +/- 5,200 SF
  
• Land Area: .692 acres
  
• Zoning: R5 (Uses in office of R-3B)
  
• Formerly used as a children’s day care facility
  
• 2009 Real Estate Taxes: $10,592.42
  
• Real Estate Taxes should be - 60% of current taxes. Owner will protest taxes if not sold by July 2010.
  
• Assessors Opinion of Value: $422,958
  
• There are multiple use/ multiple tenant opportunities for the buyer.
  
• The building is built on a crawl space for easy plumbing retrofits.
  
• Large green area east of building to accommodate expansion of the building
  and/or parking.
  
• Owner is willing to partition building into individual +/- 1,200 SF suites with
  private exterior entrances.
  
• Individual +/- 1,200 SF suites rate is $1,400 per month, which includes utilities
  
• List Price: $250,000.00
  
• Lease Price: $3,900.00 per month

Click here to view full brochure and photos

Listing Agent:
Sam Nichols
217-494-0800 (direct)
217-787-2800 (office)
sam@naitrue.com
www.naitrue.com

Is the Job Market showing improvement?

According to Tim Landis with the State Journal Register ...

Jobs market shows gradual improvement

Month after month, the job numbers have been getting better in Illinois, including in the Springfield area.

Statewide, the number of unemployed is down nearly 25 percent since the start of the year, though employment officials say some of that results from people who have simply quit looking. The figure for Springfield is a 23 percent decrease.

National, state and local forecasts are for a continued pickup in hiring into the spring of 2011 and for more temporary workers to go full time, including in industries from banking to manufacturing.

“It’s nothing extreme. It’s just a continued strengthening,” said Express Employment Professionals owner Jim Britton, who has been in the local employment services business for more than 30 years.

“There’s still a sense of uncertainty and cautiousness,” Britton added. “We have a lot of people working full time, we just don’t know how long the work is going to be.”

A regular Manpower Inc. forecast for hiring nationally and state by state has a similar feel to it, including for Illinois. The hiring outlook for the first three months of 2011 is better than it has been in two years, but there is a “persistent level of uncertainty,” according to the forecast.

The survey of Illinois employers also found improved job prospects for all industries but construction, which is expected to remain flat.

“We’ve seen a large increase in the volume, though we know some of that is seasonal hiring (for the holidays),” said Ginette Comstock, regional director for Manpower Inc. in Springfield.

She said banks and financial services companies have begun hiring again in Springfield, while manufacturing employment has begun to pick up for the first time in months in markets such as Decatur and Jacksonville.

Comstock said more companies are moving temporary workers into regular employment, traditionally an early sign of improvement.

“2009 was especially tough on everybody,” said Comstock. “But we are seeing employers a little more likely to make that permanent commitment to full time.”



Tim Landis can be reached at 788-1536.



Scheels to hire 300-350 workers

Scheels expects to hire 300 to 350 workers by spring for its Springfield store, which is scheduled to open this summer.

Assistant store leader Ryan Hallowell said Monday the store will fill 120 to 130 full-time positions, including more than 50 specialty-shop managers. The other hires will be for part-time jobs ranging from 15 to 35 hours per week.

Hallowell is among a group of managers assigned to a hiring center at 3261 S. Meadowbrook Road. The store is being built on the MacArthur Boulevard extension just north of Interstate 72. It is scheduled to open June 24, 2011.

“We’ve been getting applicants for months now,” said Hallowell.

He said some applicants have driven an hour or more to Springfield, adding that the hiring pool includes a mix of the already employed and the unemployed.

“My prior experience is in Lincoln, Neb., which is a very low unemployment area,” said Hallowell. “While I have noticed more (unemployed), it’s not an alarming amount. I’m seeing both sides of it.”

Hallowell said Scheels wages and benefits are competitive, and part-time jobs pay above minimum wage. Commissions also are paid for certain positions. He said full-time jobs should be filled by April and part-time jobs by mid-May.

Roger Norton, 65, of Springfield was among those who picked up applications at the west-side hiring center on Monday.

“I’m looking for something part time, and I’m an avid hunter and fisherman, outdoorsman,” said Norton, adding that he has been looking for work “for a while,” but had concentrated on something in the sporting-goods industry.

Scheels, based in Fargo, N.D., has 23 stores in eight states. The Springfield store will be the first in Illinois.

- Tim Landis

Courtesy of the State Journal Register

New Businesses -January 2011

New Businesses - January 2011 issue

• A.C.S. Home Maintenance and Repair, 416 W. Chenery St., Springfield, 62704, Andy C. Sneed, (217) 670-0553.

• Alpha Tile, 3607 Troon Drive, Springfield, 62712, Carl Creviston, (217) 306-8399.

• Anger Management Solutions, 229 Stutley Lane, Springfield, 62704, R. Karla Grigsby, (217) 726-6696.

• Astore the Boston’s, 4320 Clearwater, Springfield, 62703, Hattie Boston, (217) 585-9728.

• Bionic Noodle, 4 Abbey Court, Chatham, 62629, John Adkins, (217) 741-8930.

• Clean Cut Mowing and Landscape Services, 15137 Tomlin Road, Pleasant Plains, 62677, Charles J. Tomlin, (217) 626-1985.

• Consider It Done Hauling and Handyman Service, 1840 N. 14th, Springfield, 62702, Jeff Glass, Russell Dearing, (217) 361-1448.

• D.D.H. 2 Concepts, P.O. Box 2671, Springfield, 62708, Derek D. Howell, (217) 502-8291.

• Draperies Unique, 1344 S. Walnut, Springfield, 62704, Trudy Watson, (217) 753-2053.

• Draven’s Family Furniture, 1426 Taylor Ave., Springfield, 62703, Carl Campbell, (217) 487-1111.

• Fat Katz Kuztumz, 2890 Hermitage Road, Springfield, 62703, Nicholas Aguilar, (217) 816-7882.

• Forward Ministry, 2000 Gregory Court, Springfield, 62703, Jeremy A. Prather, (217) 414-7314.

• Gold Dust Jewelry and Gifts, 2701 Meadow Pointe Drive, Springfield, 62702, Patty Cake Customs, Inc., (217) 891-3053.

• Goldsberry Snow Removal, 804 N. Dirksen, Springfield, 62702, John Goldsberry, (217) 522-0654.

• Grants Heating and Air, 22 Fox Court, Springfield, 62703, Kevin L. Grant, Jr., (217) 316-0552.

• Grasshopper Lawn Care, 1812 S. MacArthur Blvd., Springfield, 62704, Trevor J. Miller, (217) 306-8732.

• Great American Custom Interiors, LLC, 3025 S. Second St., Springfield, 62703, Michael J. Embree, (217) 415-8149.

• Harding Glass, 2626 S. Park, Springfield, 62704, William M. Harding, (217) 299-1044.

• Jeff’s Landscaping and Maintenance, 3140 Cobblestone Lane #1, Springfield, 62711, Jeffrey Moss, (217) 741-4081.

• JKR Accounting Services, P.C., 710 Outer Park, Springfield, 62704, James Keith Russell, (217) 741-8862.

• John Mullen Trucking, 201 Elevator Road, Ashland, 62612, John Mullen, (217) 414-3868.

• Midwest Mantiques, 900 S. State, Springfield, 62704, Chris Heck, (312) 623-3833.

• Motivational Empowerment, 1275 Wabash Ave., Lower Level, Springfield, 62704, Angell Little, (217) 851-0499.

• Nellybean, 1601 S. Douglas, Springfield, 62704, Michael P. Nellessen, (217) 971-4350.

• Pickens and Associates, 63 Buckhorn Drive, Springfield, 62707, Jessica A. Pickens, (217) 553-2070.

• Qaitrade Enterprises, LLC, 620 Willows Ave., Chatham, 62629, Kwabena Adomako, Benjamin Amponsah, Kwaku Boadu, Stephen Owusu-Ansah, (217) 697-8334.

• Sheppard Trucking, P.O. Box 140, New Berlin, 62670, Sean Sheppard, (217) 899-4378.

• Tri-City Parent Volunteer Group, 324 S. Charles St., Buffalo, 62515, Kristy L. Garrisson, (217) 971-5884.

• Wilhatbos2, 4320 Clearwater, Springfield, 62703, Hattie Boston, (217) 585-9728

Courtesy of the Springfield Buissness Journal

Feature Property of the day

FOR SALE OR LEASE
531 E. WASHINGTON
SPRINGFIELD IL

Lease Price: $2,400 / Month Rent per floor
Purchase Price: $1,750,000.00
Located across the street from Old State Capitol and Abraham Lincoln Museum

Highlights

• Space Available: 2nd Floor +/- 3,200 SF
  3rd Floor +/- 3,200 SF
  4th Floor +/- 3,200 SF
  5th Floor +/- 3,200 SF
  
• Building Zoning: S-3
  
• Five story office building with +/- 15,879 SF plus basement area of +/- 3,045 SF.
  
• First floor of five story building is leased to Pease’s Candy Shop.
  
• New heating /air conditioning and electrical for each floor (separate metering) in 2004
  
• Owner will participate in financing
  
• Owner willing to condo the building for commercial use. Each floor has separate utilities and an allocated storage space in basement. Conceptual office layout on pages 3 &4. See page 5 for parking plan.
  
• Owner will provide the following plus installation:
  
• Plumbing fixtures for restrooms and break room
  
• HVAC, Duct work and Diffuser Grills
  
• Fire protection sprinkler system

Click here for full brochure/ photos / floor plan

Listing Agent:
Sam Nichols
217-494-0800 (direct)
217-787-2800 (office)
Sam@naitrue.com
www.naitrue.com

Springfield Market Review 2011

Springfield, the capitol of Illinois, accounts for approximately half of the population in the metropolitan areas of Sangamon and Menard counties. Springfield’s major employment sectors are government, medical, public service and small business. Money for commercial real estate loans is readily available. Springfield’s current economy has been impacted similar to that of the national economy.

Government is the largest employer in the Springfield area. The two largest private employers in the region are St. Johns Hospital and Memorial Hospital, including SIU School of Medicine. Completed medical developments 2010 include a 50-bed acute care hospital and an orthopedic medical facility with rehabilitation services. During 2010 there have been 4 new construction satellite medical clinics either started or completed and a YMCA facility incorporating some medical services within the facility.

Higher education opportunities include the University of Illinois at Springfield, Southern Illinois University School of Medicine and Lincoln Land Community College. Robert Morris University and Benedictine University at Springfield are the private colleges in the area.

Retail growth in Springfield is recovering slowly with the scheduled opening of Scheels sporting goods chain June, 2011. National chain stores and big-box users like Super Wal-Mart, Menards and Gander Mountain have opened within the past 24 months. Other national chain stores will continue to locate in Springfield. Springfield continues to attract small banks seeking commercial lending opportunities. Farm land sale prices per acre are at a record high, approaching $8,500 per acre. Abraham Lincoln Museum and Library are two prestigious visitor/tourist attractions in Springfield.

Despite the breadth of history, culture and recreational opportunities found in Springfield, the cost of living remains low. Springfield has consistently been one of the most affordable communities in Illinois with robust residential sales in 2010. Recreation opportunities in Springfield are plentiful with over 30 public parks offering tennis courts, ice rings, and swimming pools. There are nine public golf courses, two country club golf courses, indoor/outdoor theatre venues and a 4,235-acre lake.


Springfield At A Glance

(Rent/SF/YR) Low / High / Effective Ave. / Vacancy

DOWNTOWN OFFICE

New Construction (AAA) NA /NA / NA / NA
Class A (Prime) $ 12.00 / $ 15.00 / $ 13.50 / 20.00%
Class B (Secondary) $ 9.00 / $ 13.00 / $ 11.00 / 15.00%

SUBURBAN OFFICE

New Construction (AAA) $ 26.00 / $ 35.00 / $ 30.00 / 5.00%
Class A (Prime) $ 16.00 / $ 20.00 / $ 16.00 / 10.00%
Class B (Secondary) $ 10.50 / $ 16.00 / $ 14.00 / 15.00%

INDUSTRIAL

Bulk Warehouse $ 2.50 / $ 4.50 / $ 4.00 / 10.00%
Manufacturing NA / NA / NA / NA
High Tech/R&D NA / NA / NA / N/A

RETAIL

Downtown $ 8.00 / $ 15.00 / $ 11.00 / 15.00%
Neighborhood Service Centers $ 10.00 / $ 23.00 / $ 17.00 / 12.00%
Community Power Center NA / NA / NA / NA
Regional Malls NA / NA / NA / NA


DEVELOPMENT LAND Low/Acre - High/Acre

Office in CBD $ 450,000.00 - $ 870,000.00
Land in Office Parks $ 110,000.00 - $ 300,000.00
Land in Industrial Parks $ 35,000.00 - $ 100,000.00
Office/Industrial Land -Non-park $ 30,000.00 - $ 200,000.00
Retail/Commercial Land $ 130,000.00 - $ 480,000.00
Residential $ 5,000.00 - $ 25,000.00




Metropolitan Area Population Overview

2010 Population - 207,610
2015 Estimated Population - 209,607
Employment Population - 107,449
Household Average Income - $65,955
Median Household Income - $54,980
Total Population Median Age - 40

View PDF file -Available on our website after January 15th 2011.