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All-Brick Office Building
For Sale
$695,000

1028 W S Grand Avenue, Springfield, IL 62704

Commercial Sale, Springfield, IL

Property Size25,065 SF
Price / SF$27.73
Days on Market366

Property Features for 1028 W S Grand Avenue

General Information

Property type Commercial Sale
Property subtype Other
Directions Property is located at the corner of South Grand and Macarthur Boulevard
Standard status Active
APN 22-05.0-229-006

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 44049

Utilities

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

Building Details

Floors in Building 2
Flooring type Wood, Carpet, Tile
Building materials Brick, Frame
Roof type Asphalt
Listing Agency: The Real Estate Group, Inc.
Listed By: Bill Marriott · License #475116051
Added: Oct 2, 2025 Changed: Oct 1 Last Checked: Oct 2 at 5:06AM
MLS# CA1039630

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This 25,065-square-foot office building is available for sale or lease and features a professional layout across multiple levels. The interior includes executive offices, conference rooms, and open areas configured for cubicles. Wood, carpet, and tile flooring are installed throughout, with forced-air heating and central air conditioning. A Cat generator provides electrical backup, while the property is served by public sewer and has an asphalt roof.

The building occupies the corner of MacArthur and South Grand Ave. Parking includes 39 standard spaces plus 4 handicap spaces, with additional parking available if needed. The combination of varied office environments, meeting space, and on-site parking supports a range of established office operations.

Key Highlights

  • 25,065 SF office building available for sale or lease
  • Executive offices, conference rooms, and open cubicle areas
  • Cat generator provides electrical backup

Property Analytics

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Current Use

Reiser, Craig J Law Firm Kepner & Reiser Law Firm

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Auto Parts Store Auto Repair Shop Big Box & Wholesale Store Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

590
Businesses Nearby

Demographics for 62704, IL

39,157
Population
20,706
Households
1.9
Avg Household Size
40
Median Age
42%
College-Educated
95%
High-School Grad
12.2 sq mi
ZIP Area
3,210
Density / Sq Mi
$66,352
Median Household Income
$44,793
Median Earnings
$924
Median Rent
$166,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Multi-level office property with executive suites, conference rooms, open work areas, and backup electrical generation.
Where is this office building located?
The property is located at 1028 W S Grand Avenue Springfield, IL.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: 25,065 SF office building available for sale or lease; Executive offices, conference rooms, and open cubicle areas; Cat generator provides electrical backup
More about this property
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