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Fully Leased Office Building
For Sale
$875,000

1224 Centre W Drive, Springfield, IL 62704

Commercial Sale, Springfield, IL

Property SizeContact for details
Days on Market137

Property Features for 1224 Centre W Drive

General Information

Property type Commercial Sale
Property subtype Other
Zoning OFF
Directions West Monroe of Old Jacksonville Road to Centre West
Standard status Active
APN 14310378005

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 29511

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air

Building Details

Floors in Building 1
Flooring type Carpet, Tile
Building materials Brick, Stucco
Roof type Asphalt
Listing Agency: The Real Estate Group, Inc.
Listed By: Jay Clark · License #475103848
Added: May 19 Changed: Sep 12 Last Checked: Oct 2 at 6:06AM
MLS# CA1043824

Copyright © 2026 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This office building is fully leased and configured for a range of professional practices. The current tenant roster includes a dentist, attorneys, CPAs, investment professionals, and therapists, providing a mix of established office users. Interior finishes include carpet and tile flooring, with forced-air heating and central air conditioning. The exterior combines brick and stucco construction, while the property is served by a public sewer system and has an asphalt roof.

The property occupies a westside Springfield setting just off Veterans Pkwy and near downtown. Zoning is identified as OFF. Its existing occupancy and varied professional tenancy provide a clear operating profile for an office property buyer.

Key Highlights

  • Fully leased office building
  • Tenant mix includes a dentist, attorneys, CPAs, investment professionals, and therapists
  • Brick and stucco construction with an asphalt roof

Property Analytics

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Current Use

Office buildings

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

828
Businesses Nearby

Demographics for 62704, IL

39,157
Population
20,706
Households
1.9
Avg Household Size
40
Median Age
42%
College-Educated
95%
High-School Grad
12.2 sq mi
ZIP Area
3,210
Density / Sq Mi
$66,352
Median Household Income
$44,793
Median Earnings
$924
Median Rent
$166,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Westside office property with a professional tenant roster and convenient access near Veterans Pkwy.
Where is this office building located?
The property is located at 1224 Centre W Drive Springfield, IL.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Fully leased office building; Tenant mix includes a dentist, attorneys, CPAs, investment professionals, and therapists; Brick and stucco construction with an asphalt roof
More about this property
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