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    2050 W Iles Ave Unit, Unit E Springfield, IL 62704

    Sponsored
    Picture of Office space at W Iles Ave Unit 2050, Springfield, IL
    For Lease
    Contact for pricing

    COMMERCIAL - Springfield, IL

    Lot size:
    1.94 Acres
    Days on Market:
    61
    Last Refresh:
    Jan 9 at 3:06 am

    Property Features for 2050 W Iles Ave Unit

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    APN
    22070227026
    Lot size
    1.94 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Floors in Building
    1
    Flooring type
    Tile, Carpet
    Building materials
    Brick, Frame
    Roof type
    Asphalt

    The Real Estate Group, Inc. (217) 787-7000 [email protected]

    Listing agent Bill Marriott

    Listing date Nov 10, 2025

    Copyright © 2025 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Office Suite with Private Offices

    This commercial property in Springfield, Illinois, offers a 990-square-foot suite featuring a reception area, waiting area, coffee bar, and three private offices. The suite is located within a commercially zoned area. The property is situated on a 1.94-acre lot. An additional 1556 square feet is available by combining this suite with Suite I.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Map

    City
    Springfield
    County
    Sangamon
    State
    Illinois
    Longitude
    -89.692943
    Latitude
    39.769442

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    FAQs

    What type of property is this?
    Office space - 990 SF office suite featuring reception and private offices.
    Where is this office space located?
    The property is located at 2050 W Iles Ave Unit, Unit E Springfield, IL.
    What are key features of this property?
    This property features: - 990 SF suite with 3 private offices.; - Includes reception and waiting area.; - Features a coffee bar.
    (217) 741-0198
    Request Owner's contact information
    2050 W Iles Ave Unit, Unit E Springfield, IL 62704
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    Springfield, IL 62704
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2050 W Iles Ave Unit, Unit E Springfield, IL 62704
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