REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 250,000
Est. payment /mo
New
1650 N 14th St Springfield, IL 62702
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 11831629
Annual Tax Amount $12,473
Property Description
️ PRIME INDUSTRIAL OPPORTUNITY | ONLINE REAL ESTATE AUCTION - FORECLOSURE Massive Warehouse & Office Space on 1.8 Acres - Springfield, IL Maximize your portfolio with this high-utility industrial asset. Boasting over 23,000 total square feet, expansive clearing heights, and multi-door loading capabilities, this commercial facility is built for scale, logistics, manufacturing, or distribution. ️ AUCTION TIMELINE Bidding Starts: Friday, May 29, 2026 @ 9:00 AM Bidding Ends: Friday, June 26, 2026 @ 4:00 PM Format: Online Only Auction LOCATION & LOGISTICS Address: 1650 N. 14th Street, Springfield, IL 62702 County: Sangamon Strategic Access: Multiple 20' W Overhead doors securing great access to all of the property. THE ASSET SPECS Total Facility: 23,040 Sq. Ft. INCOME - Currently Rented for $3,500 / Month, Lease terms - month to month Warehouse Footprint: 19,500 Sq. Ft. of raw industrial space. Clearance: 16-foot high ceilings for high-density racking. Loading: 8 overhead bay doors for rapid inventory flow. Office Suite: 3,500 Sq. Ft. of dedicated office space + bonus storage loft. Total Land: 1.8 Acres (78,692 Sq. Ft. lot) providing ample truck turning radius and parking. PROPERTY DATA Parcel ID: 14-22.0-432-001 Current Improvement: Commercial warehouse building 2024 Real Estate Taxes: $12,473.88 Legal Standing: Judgment of Foreclosure sale ($288,043.80 judgment amount). OFFICIAL TERMS OF SALE Buyer's Premium: 10% Buyer's Premium added to the final bid price. Seller Approval: Real estate is sold subject to seller approval and court confirmation. Down Payment: 10% down via certified funds within twenty-four (24) hours of auction close. Closing Balance: Remaining balance due via certified funds within two (2) weeks of auction close. As-Is Sale: Offered without recourse to Plaintiff. Buyer assumes responsibility for outstanding taxes or assessments. Inspection Notice: This property will NOT be open for physical inspection. Bidders are strictly admonished to review the official Court file to verify all data.
Location
State IL
County 17167
Rooms
Dining Room 0
Kitchen 0