Springfield: A City on the Grow

• Springfield/Sangamon County is located in Central Illinois at the intersection of Interstate Highways 55 and 72, approximately 200 miles (320 kilometers) south west of Chicago, 100 miles (160 kilometers) northeast of St. Louis, and 193 miles (311 kilometers) west of Indianapolis

• There are distinct advantages to a Springfield/Sangamon County location in light of the ready access it provides to major consumer markets, suppliers of raw material and components, and transportation facilities and services. Also, this location enhances the cost effectiveness of all modes of transportation, while providing excellent means for inexpensive movement of components and final goods.

• This nationally central location, less than 120 miles (190 kilometers) from the population center of the United States, offers same-day or overnight transportation access to/from over one-third of the nation’s manufacturing firms.


• Springfield and Sangamon County support the expansion and relocation of new and existing businesses. To entice this growth, a wide variety of financial pro- grams are available. The Chamber has been proactive in assembling local taxing districts to draft and pass a local incentive policy that fosters a united regional community dedicated to providing a profitable place to do business.

• The City of Springfield has devoted a portion of its federal block grant (CDBG) funds to provide loans to businesses. These loans are required to meet HUD’s national objective of benefiting low to moderate income persons, which can be accomplished by requiring that a minimum 51% of jobs created or retained be filled by or made available to low—moderate income individuals. More information is available by at the City’s Office of Planning and Economic Development.


• The Springfield zone is one of nearly a hundred in Illinois and has been extended to run until 2014. All additions to the zone must meet state regulations. Further information can be found here. Benefits for the zone include: sales tax deductions, property tax abatement's, investment tax credit, machinery and equipment sales tax exemptions, utility tax exemptions, dividend income deductions and interest deductions.

• As a “home-rule” unit of government, the City of Springfield may issue these bonds as a way to offer tax-exempt financing for qualifying manufacturing companies. Bonds are issued by the city, on behalf of the borrower, to finance new construction, rehabilitation, new equipment and other related developmental costs. Interest paid on the bonds is tax-free to investors, which induces
lending at substantially lower costs - often as much as 2%-3% below convectional financing.

GREAT OPPORTUNITY: Price Reduction on Vacant Land that overlooks a nice pond

FOR SALE

Peerlesss Mine Road

Springfield, IL

$69,500

Highlights

• Vacant land over looking a nice pond
• Land Area: +/- 2.49 Acres (see attached survey)
• Zoning: I-2
• Located just north of Sangamon Avenue, this property is perhaps the best vacant commercial land value in Springfield.
• It is price so well that is could be a home site if the property were down zoned.
• There is a recent survey on file
• An exceptional value at less than $1.00 per square foot.
• Direction: Sangamon Avenue to Peerless Mine Rd., turn North, property is located on the east side of the street.

Click here for full brochure/photos

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

Feature Property of the Day: 525 & 529 S. Douglas

FOR SALE

525 & 529 S. Douglas
Springfield IL
$174,900

Highlights

• Land Area: 120 X 308 (37,149 SF)
• Zoning: R3
• 2 Buildings on 37,149 SF of land
• Duplex has been updated 1 year ago, with tenants in place
• Triplex is “as is” with one tenant in place
• Total units: Three- 2 bedroom & Two- 1 bedroom apartments
• Approximately total SF of apartments: 5,548 SF
• Land is ideal for apartment development
• Broker Owned

CLICK HERE TO VIEW FULL BROCHURE/PHOTOS

Listing Agent:
Jason M. Evers
217-899-8864 (direct)
217-787-2800 (office)
217-787-2802 (fax
Jason@naitrue.com
http://www.naitrue.com/

Feature Property of the Day: 3675 S. 6th Street

FOR SALE

3675 S. 6th Street

Springfield IL

$1.65 Million

Highlights

• Currently Super 8 Lodge
• 120 Rooms
• Bank Owned Property with Bank hired motel manager currently in place.
• Estimated room rental rate of $43.00 to $50.00
• Estimated market occupancy rate of 45-55%
• Zoning: B-1
• Total Building Size: +/- 48,325 SF
• Land Area: +/- 142,354
• Estimated Land Value: $1,250,000.00
• Jacuzzi Suites, Single & Double Rooms
• Assessors Opinion of Value: $2,769,510 (2009)

Click here for full brochure/Photos

Listing Broker

Mark A. Hurley
217-494-2854 (direct)
217-787-2800 (office)
Mark@naitrue.com
www.naitrue.com

NEW LISTING

FOR SALE

400, 404, 410 South 11th Street

Springfield IL

$595,000.00

Highlights

• Total Building Size: 9,692 SF
• Land Area: 24,320 SF
• Zoning: I-1
• Currently Leased to State of Illinois
• Building is 100% occupied by Dept. of Children & Family Services
• CMS Lease in place and in its 5th year

Monthly rent: $10,443.13

5th year expires 9/30/2011

Has five year renewal option

• Copy of CMS lesase available upon request
• Refurbishment allowance of $1938.40 due in the 60th month of lease.
• Well maintained office building close to down town.
• New A/C equipment in 2009

View full brochure and photos here

Listing Agent
Jason M. Evers
217-787-2800 (office)
217-899-8864 (direct)
Jason@naitrue.com
www.naitrue.com

Feature Property of the Day: 1000 Durkin Drive

FOR SALE

1000 Durkin Drive

Springfield IL

$250,000.00

Highlights:

• Total SF: +/- 5,200 SF
• Land Area: .692 Acres
• Zoning: R5 (Uses in office f 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.

View Full Brohure/Photos Here

Listing Agent:

Sam Nichols

217-787-2800 (office)

217-494-0800 (direct)

Sam@naitrue.com

www.naitrue.com

Willow & Birch Salon Grand Opening

Willow and Birch Salon will be celebrating their Grand Opening Saturday June 12th from 11:00am. to 1:00 pm. Willow and Birch Salon is located in YellowStone Plaza located at 4525 Wabash Ave, Suite C, Springfield, IL.

Willow & Birch is a full service Aveda Concept salon that offers an eco-friendly, naturally derived product line, as well as signature services that set us apart from the rest. We devote ourselves to consistently providing the highest quality salon services and products to ensure the style you receive in our salon can be achieved each and every day at home. We also create a place of relaxation and wellness for our guests by creating a space that is warm, inviting, and sophisticated.

We are celebrating our Grand Opening with an open house welcoming everyone featuring refreshments, product giveaways, and stylist meet n greet.

We cordially invite you to join us to experience everything that Aveda is and all the things that Willow & Birch Salon has to offer.

Click here to view Willow and Birch Salon's Services/Pricing

Call Today and schedule your appointment 217-726-7050

Feature Property of the Day: 6001 S. 6th Street

FOR SALE

6001 S. 6th Street

Springfield, IL

Highlights:

• Two East Lots: $350,000.00 Each
• Lot A: +/- .76 Acres
• Lot B: +/- .667 Acres
• Two West Lots: $250,000.00 Each
• Lot C: +/- .713 Acres
• Lot D: +/- .7438 Acres
• Total SF: 5,000 SF
• Total Land Area: +/- 2.89 Acres
• Zoning: B-2
• Formerly Used As: Hardees Restaurant
• Highly visible corner on Highway 55 exit.
• Significant traffic counts on Highway 55 and on Toronto Road
• Daily Traffic Count: 21,600
• Broker Owned

View Full Brochure/Photos here

Listing Broker

Kirk Jefferis

217-787-2800

Kirk@naitrue.com

www.naitrue.com

Springfield IL the Ninth Best Place to Open a Restaurant in the US

Restaurant trade mag RESTAURANT BUSINESS lists Springfield as the ninth best place to open a restaurant in the United States. The rankings, in the April edition, are based on restaurant sales per capita and as a percentage of er capita income in the city. Those figures are compared to national figures.

"As in common, the RGI (Restaurant Growth Index) favors markets with a significant number of out- of town visitors, such as coastal areas and college towns," the story on page 24 states. " This year's top 10 includes several such markets and also Springfield, Illinois, which may seem like an odd addition at first glance. However, when you consider that Springfield is the Illinois state capital - with a large number of lobbyists, legislators and government employees regularly traveling through and needing a place to eat - its inclusion makes m ore sense.

Two other Illinois cities made the list of 150 urban markets. Chicago was No. 103, and the Quad Cities area was No. 130.






Source: State Journal Register, A La Carte, By Kathryn Rem, Page 39