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Freestanding Office Building
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1124 Centre West Drive, Springfield, IL 62704

Updated office property with flexible work areas, private rooms, support spaces, and accessible on-site parking.

Space Size3,000 SF
Days on Market112

Property Features for 1124 Centre West Drive

General Information

Standard status Active
Size 3,000 SF
Net Rentable 3,000 SF
Total Parking Spaces 20
Zoning R-5C
Lease Type Gross
Lease Term Years - 3

Space & Availability

Available Space 3,000 SF
Contiguous Space 3,000 SF
Space Use Office
Private Offices 8

Taxes and HOA fees

Annual Taxes $11,931

Amenities

lobby area
breeze way
break room
storage/file room
server room
wheelchair access

Building Details

Building Size 3,000 SF
Year Built 1991
Buildings 1
Tenancy Multi
Listing Agency: Campo Realty, Inc.
Listed By: Dominic Campo · License #RMA14519
Source: Craggsrealtors
Added: May 11 Changed: Aug 29 Last Checked: Jul 25 at 1:31PM

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 Campo Realty, Inc.

Investment Insights

Based on property information with market context.

This freestanding office building provides 3,000 square feet of updated commercial space in a two-level? configuration? It includes 8 office spaces, an open conference area, lobby, reception desk, break room, storage and file room, server room, utility closet, and 2 restrooms. A breezeway and wheelchair access add practical circulation features, while 20 parking spaces support daily operations.

Built in 1991 as a bank and subsequently remodeled, the property is located at 1124 Centre West Drive in Springfield, Illinois. The building carries R-5C zoning and offers a broad mix of office and support areas within a standalone layout.

Key Highlights

  • 3,000 sq ft freestanding office building
  • 8 office spaces with open conference area and lobby
  • Includes reception desk, break room, storage/file room, and server room

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Restaurant Building Supply Auto Repair Shop Big Box & Wholesale Store Auto Parts Store HVAC Service

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
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,019
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
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Frequently Asked Questions

What type of property is this?
Office building - Updated office property with flexible work areas, private rooms, support spaces, and accessible on-site parking.
Where is this office building located?
The property is located at 1124 Centre West Drive Springfield, IL.
What are key features of this property?
This property features: 3,000 sq ft freestanding office building; 8 office spaces with open conference area and lobby; Includes reception desk, break room, storage/file room, and server room
More about this property
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