Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1320 S 2Nd St Springfield, IL 62704

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $14 SF/Yr ($2,791 /Mo)

    First-floor office space with parking, near downtown Springfield.

    Property size:
    2,310 SF
    Lot size:
    0.33 Acres

    Property Features for 1320 S 2Nd St

    General Information

    Size
    2,310 SF
    Lot size
    0.33 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

    Accessible Office Space Near Downtown

    This first-floor office space, located just south of Downtown Springfield, offers approximately 2,300 square feet. The space provides accessibility to local businesses and is situated under a mile south of the Illinois State Capitol. The layout includes private offices, an open workspace, electronic exterior access, two ADA bathrooms, and a break room with a kitchenette. On-site parking is available. The landlord is offering the space in its current condition, and floor covering is not included in the asking rental price.
    Insight Report Location Intelligence

    Current Use by Public Records

    Community Care Systems, ... Home Help

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Sangamon
    State
    Illinois
    Longitude
    -89.653629
    Latitude
    39.786806

    Nearby Similar for Lease

    • $48 SF/Yr

      Office Space in Westchester, IL

      Office space available for lease in Westchester, Illinois.
      9625 W Roosevelt Rd, Westchester, IL 60154
      View Details
    • $61 SF/Yr

      Office Space in Westchester, IL

      Office property available for lease in Westchester, Illinois.
      9625 W Roosevelt Rd, Westchester, IL 60154
      View Details
    • $46 SF/Yr

      Updated Office Space Available

      Updated office space with utilities included in Westchester, Illinois.
      9625 W Roosevelt Rd, Westchester, IL 60154
      View Details
    • Contact for pricing
      9,913 SF

      Springfield Class A Office Space

      Class A office space available for rent in Springfield, Illinois.
      2451 W Monroe St, Springfield, IL 62704
      View Details
    • Contact for pricing
      11,316 SF

      Downtown Springfield Office Space Available

      Well-kept office space in a brick building near the Capitol.
      110 W Lawrence Ave, Springfield, IL 62704
      View Details
    • Contact for pricing
      7,007 SF

      Historic Springfield Restaurant Opportunity

      Landmark 7,000 SF building near Statehouse, suitable for restaurant/retail.
      620 S 1St St, Springfield, IL 62704
      View Details

    FAQs

    What type of property is this?
    Office space - First-floor office space with parking, near downtown Springfield.
    Where is this office space located?
    The property is located at 1320 S 2Nd St Springfield, IL.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: - Prime location: just south of Downtown Springfield and under a mile from the IL State Capitol.; - Spacious layout: +/-2,300 sq. ft. including private offices and an open workspace.; - First-floor location with electronic exterior access and on-site parking.
    (217) 441-8000
    Request Owner's contact information
    1320 S 2Nd St Springfield, IL 62704
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1320 S 2Nd St
    Springfield, IL 62704
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1320 S 2Nd St Springfield, IL 62704
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.