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    2917-2951 W Iles Ave Springfield, IL 62704

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    For Lease
    Contact for pricing

    Retail spaces available near White Oaks Mall in Springfield, IL.

    Property size:
    1,600 SF
    Lot size:
    34.86 Acres

    Property Features for 2917-2951 W Iles Ave

    General Information

    Size
    1,600 SF
    Lot size
    34.86 Acres

    Source: LOCATION. Commercial Real Estate Agent Joe Lodes

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Opportunities Near White Oaks Mall

    Retail opportunities are available in Springfield, Illinois, near White Oaks Mall. These include small shop spaces ranging from 1,528 to 4,993 square feet, and a junior box space of 23,181 square feet. Additionally, there is a 1.67-acre outparcel available for lease, which includes an existing 9,000 square foot building. The location is regional and offers excellent visibility to Veterans Parkway.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Similar Places Nearby

    White Oaks Plaza, Sherwood Plaza, Coinstar Kiosk | Bitcoin ATM, Coin Cloud Bitcoin ATM, JumpinwiththeJoeys

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Sangamon
    State
    Illinois
    Longitude
    -89.708933
    Latitude
    39.770101

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    FAQs

    What type of property is this?
    Shopping center - Retail spaces available near White Oaks Mall in Springfield, IL.
    Where is this shopping center located?
    The property is located at 2917-2951 W Iles Ave Springfield, IL.
    What are key features of this property?
    This property features: - Regional location across from White Oaks Mall; - Excellent visibility to Veterans Parkway; - Small shop spaces available from 1,528 SF to 4,993 SF
    (314) 852-8234
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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
    2917-2951 W Iles Ave Springfield, IL 62704
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