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405 N Springfield Street Virden, IL 62690 Commercial - Retail Active

  • 405 N Springfield Street, Virden, IL 62690 Main Photo

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Description

Excellent commercial opportunity with endless potential! Originally designed as a drive-up bank, this property features two access points for drive-thru capabilities along with a dedicated ATM area. After its banking use, the building successfully operated as a professional office while still maintaining ATM access. This versatile property could easily be transformed back into a drive-thru concept such as a coffee shop, bakery, financial institution, boutique retail space, or other service-based business. There is also room for expansion if additional space is needed. The building includes a basement offering valuable additional storage or workspace options. To help showcase the possibilities, AI-rendered concept images of potential ideas are in the photos. Positioned on the main route through town directly across from the famous DiCarlos Pizza, this location benefits from outstanding visibility and consistent traffic from both local residents and visitors traveling from surrounding communities. Opportunities like this do not come around often; bring your vision and make this property your next successful venture. Call today for your private showing!

Property Highlights

Property Type: Commercial - Retail
Building Description: 1.0 stories
Available Sqft: 1104

General Information

County: Macoupin
Listed By:
The Real Estate Group, Inc. Mobl: 217-725-5458
RMLSA
$140,000
Est. $976/mo
Active
SQUARE FEET1,104 MLS#CA1043889
STATUSActive PROPERTY TYPECommercial - Retail

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405 N Springfield Street, Virden, IL 62690.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $140,000$140,000$140,000
Down Payment $28,000$4,900$35,000
Monthly Mortgage Amount $681$835$865
Taxes $195$195$195
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$62$0
Monthly Estimated Total $976$1,192$1,160

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