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    2205 Wabash Ave Springfield, IL 62704

    For Lease
    Contact for pricing

    Commercial - Springfield, IL

    Property size:
    32,000 SF
    Days on Market:
    192
    Last Refresh:
    Dec 5 at 6:06 am

    Property Features for 2205 Wabash Ave

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    APN
    22-07.0-252-006
    Size
    32,000 SF

    Utilities

    Heating system
    Forced Air, Hot Water (Heating), Natural Gas
    Cooling system
    Central Air

    Building Details

    Building materials
    Brick, Frame
    Roof type
    Asphalt
    Architectural style
    Other

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

    Listing agent Bill Marriott (217) 787-7000 License #475116051

    Listing date May 28, 2025

    MLS# CA1022610 Listing URL

    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

    Springfield Retail/Office Flexible Space

    This commercial space in Springfield, Illinois, offers 2366 square feet of flexible space suitable for retail or office use. The suite includes a private bathroom and a small kitchenette. Utilities are metered separately. The property benefits from recent exterior improvements, including new exterior paint, a new roof, and a new parking surface. The space is ready to be customized. The location is estimated to have traffic counts exceeding 21,000 per day.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Flooring of Springfield Inc. Flooring Store Loren W. Richie, ... Chiropractor Suite 108 Hair ... Hair Salon Titan Games - Springfield Game Store Knit Wits Yarn Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Sangamon
    State
    Illinois
    Longitude
    -89.695132
    Latitude
    39.764627

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    FAQs

    What type of property is this?
    Retail space - Flexible retail/office space with private bath and kitchenette.
    Where is this retail space located?
    The property is located at 2205 Wabash Ave Springfield, IL.
    What are key features of this property?
    This property features: - High traffic location with an estimated 21,000+ vehicles per day.; - Flexible 2366 sq ft space customizable to your needs.; - New exterior paint, roof, and parking surface.
    (217) 787-7000
    Request Owner's contact information
    2205 Wabash Ave 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
    2205 Wabash Ave Springfield, IL 62704
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