Search
Seven-Building Office Portfolio
For Sale
Contact for pricing

110 W Lawrence Ave, Springfield, IL 62704

Office assets occupied by government and nonprofit organizations, supporting administrative, storage, and IT functions.

Property Size63,799 SF
Days on Market144

Property Features for 110 W Lawrence Ave

General Information

Standard status Active
Size 63,799 SF
Property subtype Office

Building Details

Buildings 7
Tenancy Multi
Listing Agency: The Boulder Group
Listed By: Randy Blankstein · License #IL 471005983
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 12:43PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Boulder Group

Investment Insights

Based on property information with market context.

This seven-property office portfolio comprises 63,799 square feet across buildings leased to public-sector departments and a nonprofit organization. Six buildings are occupied by the State of Illinois, while the remaining property is leased to the Illinois Coalition Against Domestic Violence. The spaces support administrative, storage, and IT operations, with the VA buildings identified as an exception to that use profile.

The properties are located at 110 W Lawrence Ave in Springfield, three blocks south of the Illinois State Capitol Building. Nearby state-related facilities include CyberDrive Illinois, the Illinois State Museum, the Archives and Library, the Attorney General’s office, the Illinois Governor’s Mansion, and the State Treasurer’s office. In-place leases have an average of 3.4 years remaining and include renewal options. HVAC equipment was replaced within the last 3-5 years, and the roofs were replaced within the last 5-7 years.

Key Highlights

  • 63,799 square feet across seven office buildings
  • Six properties leased to State of Illinois departments; one leased to the Illinois Coalition Against Domestic Violence
  • Average of 3.4 years remaining on in‑place leases, with renewal options available

Property Analytics

Current Use

IL Dept of Health ... Government Office

Suggested Use

Top Pick Storage Facility HVAC Service Auto Parts Store Real Estate Agency Carpet & Flooring Store (Bike/Boat/Book/etc) Store

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

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,700
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

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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office building - Office assets occupied by government and nonprofit organizations, supporting administrative, storage, and IT functions.
Where is this office building located?
The property is located at 110 W Lawrence Ave Springfield, IL.
What are key features of this property?
This property features: 63,799 square feet across seven office buildings; Six properties leased to State of Illinois departments; one leased to the Illinois Coalition Against Domestic Violence; Average of 3.4 years remaining on in‑place leases, with renewal options available
(847) 562-0003 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message