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    2524 Farragut Dr Springfield, IL 62704

    For Lease
    Contact for pricing

    Commercial - Springfield, IL

    Property size:
    18,000 SF
    Days on Market:
    675
    Last Refresh:
    Dec 6 at 3:06 pm

    Property Features for 2524 Farragut Dr

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R-5a
    APN
    14-31.0-256-007
    Size
    18,000 SF

    Building Details

    Architectural style
    Other

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

    Listing agent Curtis Tillett (217) 787-7000 License #475089421

    Listing date Feb 1, 2024

    MLS# CA1025079 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 Medical Office Suites Available

    The subject property is an 18,000 SF medical office building offering suites in various sizes to suit different needs. The property includes rear entrances for staff and a partial basement that can be used for storage, depending on the suite location. Suite A features general office space with several private offices, a reception area, a conference room, a break room, and an open area for cubicles. Suites B and C include multiple exam rooms, nurses’ stations, private offices, x-ray/lab rooms, and reception areas. Suite C also features a unique executive space consisting of a large office with a fireplace, a conference room, a bathroom with a steam sauna that includes a shower, a single-car garage, and a separate entrance. Adjacent to the executive space is an office area with 4 small offices, a reception area, work areas, a break room, and 2 private restrooms. Suites A, B, and C can be divided or combined to accommodate specific space requirements. The property is located in Springfield, IL.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    OSF Children's Hospital ... Children'S Hospital OSF Children's Hospital ... Medical Center OSF Children's Hospital ... Medical Center Prairie Speech & Language Speech Pathologist Pettit Tamara Nursing Agency

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Similar Places Nearby

    Koke Mill Animal Hospital: Hudsxon Mark E DVM, Animal Emergency Clinic, Kirk Evan DVM, Brewer Animal Hospital: Thornburg Thomas A DVM

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Sangamon
    State
    Illinois
    Longitude
    -89.697026
    Latitude
    39.795141

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    FAQs

    What type of property is this?
    Medical office - 18,000 SF medical office building with suites available for rent.
    Where is this medical office located?
    The property is located at 2524 Farragut Dr Springfield, IL.
    What are key features of this property?
    This property features: - 18,000 SF medical office building with flexible suite sizes.; - Suites can be divided or combined to accommodate space requirements.; - Suites B and C feature multiple exam rooms, nurses’ stations, private offices, and x-ray/lab rooms.
    (217) 787-7000
    Request Owner's contact information
    2524 Farragut Dr 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

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    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
    2524 Farragut Dr Springfield, IL 62704
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