Real Estate Information: 5221 S. 6th Frontage Rd. Springfield, IL 62703

Brick commercial office building located of I-55 in Springfield, IL features approx 6,304 of office space split between 4 Suites and sits on 1.19 Acres. Building has large basement and has many updates listed below along with tenant information including Income and Expenses.

ACEC Illinois

5221 S. 6^th St. Rd., Springfield, IL 62703

Income/Expense

Existing Income:

Tenant	Square Footage	Annual Rent	Lease Expiration
ACEC Illinois (Suite 120) (To be offered to buyer)	1,627	$12,000	2 Year Lease with basement storage room included.
ARORA & Associates (Suite 130)	1,100	$6,600	Month to Month
Steinway Piano Gallery (Suite 110)	1,600	$13,200	12/01/2020
World Finance (Suite 100)	1,424	$13,596	12/31/2021*
TOTAL INCOME		$45,396

2020 Operating Expenses:

Real Estate Taxes	$7265.18
Property Insurance	$8540.00
Repairs & Maintenance	$809.52
Utilities	$6456.47
Fire Extinguishers/Exits
Trash ($75/mo. from Boy Scouts towards trash)	$1844.36
Janitor Service & Supplies	$1000.00
Pest Control	$120.00
Lawn-Shrub-Snow	$2175.00

Building Updates include:

2007- New Roof

2009-Parking lot resurfacing

2013-2014 New windows/doors/removed landscape/repaired toilets/new ballasts/lamps in building

2015-2016 outside lights replace ballasts/lamps

2016 Replaced bulbs in outdoor sign & security lights on bldg.

2017 Bathroom remodel/carpet & paint for suite 100/110/120/130 & bathrooms

2018- AC Units lifted and attached to building

Sangamon County

Parcel Number: 22-27.0-100-027

$ 5,000 Due Immediately for the property at 5221 S. 6th Frontage Rd. Springfield, IL 62703

- Closing - 30 Days -

10% BUYERS PREMIUM on the Real Estate

REAL ESTATE IS subject to sellers approval

DON'T FORGET TO UTILIZE THE "ASK THE AUCTIONEER" BUTTON IF YOU HAVE ANY QUESTIONS.

Income Property Auction - Springfield, IL