State-Leased Office Portfolio
806 S College St Springfield, IL 62704
For Sale
Contact for pricing
Portfolio of seven office properties with six leased to the State of Illinois and one leased to ICADV.
Property Size63,799 SF
Days on Market108
Property Features for 806 S College St
General Information
Standard status
Active
Size
63,799 SF
Property subtype
Office
Listing Agency:
The Boulder Group
(847) 562-0003
Listed By:
Randy Blankstein · License #IL 471005983
Source:
Crexi
Added: Apr 11
Changed: Jul 21
Last Checked: Jul 23 at 5:20AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Boulder Group
Investment Insights
Based on property information with market context.
Exclusively marketed opportunity to acquire a portfolio of seven office properties. Six buildings are leased to the State of Illinois serving various departments, and one building is leased to the Illinois Coalition Against Domestic Violence (ICADV). The in-place leases have an average of 3.4 years remaining, with renewal options available.
The portfolio is positioned three blocks south of the Illinois State Capitol Building and is surrounded by other state-tenanted facilities including CyberDrive Illinois, the Illinois State Museum, Archives and Library, the office of the Attorney General, the Illinois Governor’s Mansion, and the State Treasurer’s office.
Property improvements include replacement of all HVAC units within the last 3–5 years and replacement of all roofs within the last 5–7 years. The portfolio space usage is described as backroom activities such as storage, administration, and IT, with the exception of the VA buildings.
The portfolio is positioned three blocks south of the Illinois State Capitol Building and is surrounded by other state-tenanted facilities including CyberDrive Illinois, the Illinois State Museum, Archives and Library, the office of the Attorney General, the Illinois Governor’s Mansion, and the State Treasurer’s office.
Property improvements include replacement of all HVAC units within the last 3–5 years and replacement of all roofs within the last 5–7 years. The portfolio space usage is described as backroom activities such as storage, administration, and IT, with the exception of the VA buildings.
Key Highlights
- Portfolio of 7 office properties: 6 leased to the State of Illinois and 1 leased to ICADV
- Average 3.4 years remaining on in‑place leases, with renewal options available
- All HVAC units replaced in the last 3–5 years and all roofs replaced in the last 5–7 years
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - Portfolio of seven office properties with six leased to the State of Illinois and one leased to ICADV.
Where is this office building located?
The property is located at 806 S College St Springfield, IL.
What are key features of this property?
This property features: Portfolio of 7 office properties: 6 leased to the State of Illinois and 1 leased to ICADV; Average 3.4 years remaining on in‑place leases, with renewal options available; All HVAC units replaced in the last 3–5 years and all roofs replaced in the last 5–7 years
