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    2518-2526 N Dirksen Pkwy Springfield, IL 62702

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    For Lease
    $15 SF/Yr ($1,768 /Mo)

    Highly visible retail space with excellent co-tenancy and traffic.

    Property size:
    1,415 SF
    Lot size:
    1.55 Acres

    Property Features for 2518-2526 N Dirksen Pkwy

    General Information

    Size
    1,415 SF
    Lot size
    1.55 Acres

    Source: Coldwell Banker Commercial Devonshire Realty Agent Blake Pryor

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

    Overview

    Prime Retail Space in Springfield

    This retail leasing opportunity is located in a highly visible strip mall in Springfield, IL, positioned in front of Lowe’s Home Improvement and Walmart Supercenter. The location benefits from direct frontage on N. Dirksen Pkwy, with a traffic count of 26,300 AADT. The available space offers a flexible layout suitable for various retail uses, including an open showroom/sales floor, a back storage area, a private office, and an ADA-compliant restroom. The strip mall features established tenants such as Penn Station, Dotty’s, Nails by Nini, and the upcoming Metro by T-Mobile. Situated within the Springfield Metropolitan Statistical Area (MSA) and less than a mile from Interstate 55, the center is positioned to attract traffic from local residents and travelers. Neighboring businesses include Menards, Farm & Home Supply, Club Car Wash, Goodwill, Aldi, and Harley-Davidson, creating a strong retail hub in the area. The property size is 1415 square feet.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Sangamon
    State
    Illinois
    Longitude
    -89.604178
    Latitude
    39.845056

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    FAQs

    What type of property is this?
    Strip mall - Highly visible retail space with excellent co-tenancy and traffic.
    Where is this strip mall located?
    The property is located at 2518-2526 N Dirksen Pkwy Springfield, IL.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: - High Visibility Location: Direct frontage on N. Dirksen Pkwy with 26,300 AADT traffic count.; - Strategic Placement: Located in front of Lowe’s and Walmart Supercenter.; - Strong Co-Tenancy: Established tenants including Penn Station and Dotty’s.
    (217) 725-9518
    Request Owner's contact information
    2518-2526 N Dirksen Pkwy Springfield, IL 62702
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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
    2518-2526 N Dirksen Pkwy Springfield, IL 62702
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