The Illinois State Treasurers Office is hopeful to have a new home in the near future that will pay dividends down the road.

Illinois Treasurer Mike Frerichs says buying this new building in downtown Springfield will save the state plenty of money in terms of avoiding leases.

Frerichs says there is plenty of excitement about bringing all the employees together under one roof, he says this building has some history and is the perfect fit for the treasurers office.

Frerichs explains what all can be done for visitors who stop by the new building which hopefully will open sometime in the fall.

Frerichs appeared as a guest on the Newstalk WTIM Morning Show.