Investment Overview

Register to bid and access due diligence documents on RealINSIGHT Marketplace: https://rimarketplace.com/auction/2900 Marcus & Millichap is pleased to present The Springfield Capitol District Office Portfolio. The Springfield Capitol District Office Portfolio comprises three office buildings and multiple contiguous lots creating a substantial critical mass in the heart of Illinois’ state capital. The properties form a cohesive urban campus within blocks of the Illinois State Capitol and the broader Capitol Complex, placing tenants at the center of state government and major employers. Positioned within the Springfield Historic District and immediately proximate to the Old State Capitol, Abraham Lincoln Presidential Library & Museum, and the Bank of Springfield Center convention arena, the portfolio benefits from a steady stream of government employees, visitors, and convention traffic that support downtown restaurants, services, and hospitality. 424 South 5th Street “The Bell Building”, is a four (4) story building totaling 20,448 SF ( 89.76% occupied by the Illinois Department of Central Management. 500 E Monroe Street “The Bucari Building”, is a six (6) story building totaling 88,511 SF and 0% occupied and 509 S 6th “The Ridgley Building” is a twelve (12) story building totaling 57,185 SF and 0% occupied. Both buildings have previously housed key State of Illinois agencies highlighting the portfolio’s potential appeal to long-term, investment grade public-sector tenancy. Offered as a single portfolio, the Springfield Capitol District Office Portfolio provides investors with a rare opportunity to control a full block-plus footprint in the city’s most irreplaceable location, with multiple clear business plans ranging from continued government-oriented office leasing to staged adaptive reuse.