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    2509 W Iles Ave Springfield, IL 62704

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    For Lease
    $14 SF/Yr ($5,421 /Mo)

    Office suites available near White Oaks Mall in Springfield, IL.

    Property size:
    4,487 SF
    Lot size:
    1.04 Acres

    Property Features for 2509 W Iles Ave

    General Information

    Size
    4,487 SF
    Lot size
    1.04 Acres

    Source: Todd P Smith Commercial Real Estate Agent Todd P. Smith

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

    Overview

    Office Space Near White Oaks

    Located just off Veterans Parkway, immediately north of White Oaks Mall in Springfield, IL, this property offers office spaces for rent. Suite 100 has been recently renovated and includes multiple offices with a large work area. Suite 102 is also available. Tenants of Suite 102 are responsible for covering utilities and janitorial services. The property provides easy access to nearby amenities and major transportation routes.
    Insight Report Location Intelligence

    Current Use by Public Records

    Bodine Environmental Services ... Environmental Consultant Prudential|Robert Ogden|Life Insurance ... Financial Planner Travis Powell - Prudential ... Investment Service Thomas Altevogt - Prudential ... Investment Service Michael Witsman - Prudential ... Investment Service

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Food Market Clothing Store Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Sangamon
    State
    Illinois
    Longitude
    -89.702417
    Latitude
    39.770873

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    FAQs

    What type of property is this?
    Office space - Office suites available near White Oaks Mall in Springfield, IL.
    Where is this office space located?
    The property is located at 2509 W Iles Ave Springfield, IL.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: - Recently renovated Suite 100 with many offices and a large work area.; - Easy access location just off Veterans Parkway.; - Immediately north of White Oaks Mall.
    (217) 441-8000
    Request Owner's contact information
    2509 W Iles Ave Springfield, IL 62704
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    Springfield, IL 62704
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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
    2509 W Iles Ave Springfield, IL 62704
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