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Fully Leased Office Building
For Sale
$875,000

1224 Centre W Drive, Springfield, IL 62704

COMMERCIAL - Springfield, IL

Property SizeContact for details
Days on Market100

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 Tile, Carpet
Building materials Brick, Stucco
Roof type Asphalt
Listing Agency: The Real Estate Group, Inc.
Listed By: Jay Clark · License #475103848
Added: May 19 Changed: Aug 4 Last Checked: Aug 26 at 11:06AM
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 fully leased office building is offered for sale in a westside Springfield setting. The tenant mix includes a dentist, attorneys, CPA practices, an investment-related business, and a therapist, providing an established professional occupancy.

The property is located at 1224 Centre W Drive and is described as just off Veterans Pkwy, with proximity to downtown. The building is identified under zoning “OFF.”

For buyers and investors, the key operational fact is that the building is currently fully leased, with multiple professional tenants contributing to the overall occupancy profile.

Key Highlights

  • Fully leased office building with tenant mix including a dentist, attorneys, CPAs, an investment tenant, and a therapist
  • Westside location just off Veterans Pkwy, close to downtown
  • Central Air and Forced Air heating

Property Analytics

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

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Fully leased office building with professional tenant mix including dental, legal, CPA, investment, and therapy users.
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 with tenant mix including a dentist, attorneys, CPAs, an investment tenant, and a therapist; Westside location just off Veterans Pkwy, close to downtown; Central Air and Forced Air heating
More about this property
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