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Listed by Crystal Commean • RE/MAX Professionals
$ 49,000
$ 49,900 1.8%
Est. payment /mo
Sold on 06/08/2026
703 S 8TH ST Springfield, IL 62703
8,644 SqFt
UPDATED:
Key Details
Sold Price $49,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 8,644 sqft
Price per Sqft $5
MLS Listing ID CA1039673
Sold Date 06/08/26
Year Built 1864
Annual Tax Amount $4,910
Tax Year 24
Lot Dimensions 80 X 152
Property Sub-Type Commercial
Source rmlsa
Property 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!
Location
State IL
County Sangamon
Area Springfield
Zoning H3
Direction Cook and S. 8th
Interior
Heating Hot Water
Cooling None
Flooring Wood
Fireplace N
Exterior
View true
Roof Type Composition Shingle,Flat
Garage 1
Building
Faces Cook and S. 8th
Sewer Public Sewer
Structure Type Brick,Vinyl Siding
Others
Tax ID 14-34.0-190-094
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