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    386 S Koke Mill Rd Springfield, IL 62711

    Source: https://www.cbcworldwide.com
    For Lease
    $505 /Mo ($0.48 SF/Yr)

    West Side Office Space For Lease

    Lot size:
    12,500 SF

    Description

    Added:
    May 12, 2025
    Days on Market:
    217
    Subject Property is a quiet, secluded west side location with very little traffic. It is perfect for the small business owner looking to operate their business in peace. The area is mostly residential with some professional and medical office users. The property is north of Old Jacksonville Rd on the east side of Koke Mill Rd.

    Suite E: 1-room office space on second story.
    The Landlord updated the paint and installed LED lighting in 2021. There is a shared meeting room/break room available to all tenants. The site has ample parking. The lease rate includes utilities and internet. The building has stair access only to the second story.

    Property Features for 386 S Koke Mill Rd

    General Information

    Property type
    Office space
    Lease Type
    Gross
    RSF (Rentable sq. ft)
    12,500 SF
    USF (Usable sq. ft)
    12,500 SF
    Total Parking Spaces
    27
    Elevators
    N/A
    Total Rate
    505

    Building Details

    Year Built
    1996
    Buildings
    1
    Stories
    2
    Insight Report Location Intelligence

    Current Use by Public Records

    Onward Accident & Injury ... Personal Injury Attorney Barcom Security Security System Supplier Sylvia Cassady Social Worker Golden Rule Handyman Contractor acorn logistics management Warehouse

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    State
    Illinois
    Longitude
    -89.4337288
    Latitude
    40.0796606

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    FAQs

    What type of property is this?
    Office space - West Side Office Space For Lease
    Where is this office space located?
    The property is located at 386 S Koke Mill Rd Springfield, IL.
    What is the lease rate?
    The lease rate is $0.48 SF/Yr.
    (217) 547-6650
    Request Owner's contact information
    386 S Koke Mill Rd Springfield, IL 62711
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    Springfield, IL 62711
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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
    386 S Koke Mill Rd Springfield, IL 62711
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