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Multi-Level Brick Office Building
For Sale
$395,000

1300 S 8th Street, Springfield, IL 62703

Established office property with private rooms, support areas, and flexible sublease options near downtown.

Property Size9,800 SF
Price / SF$50.86
Days on Market444

Property Features for 1300 S 8th Street

General Information

Standard status Active
Size 9,800 SF
Total Parking Spaces 29
Property subtype Commercial
Zoning B-1

Additional Details

Gross Income $99,000

Taxes and HOA fees

Annual Taxes $9,259

Amenities

bathrooms
kitchenettes
private offices
storage

Building Details

Building Size 9,800 SF
Year Built 1985
Buildings 1
Construction brick
Listing Agency: Keller Williams Capital
Listed By: Philip Chiles · License #471018443
Source: Craggsrealtors
Added: Jun 3, 2025 Changed: Aug 18 Last Checked: Aug 20 at 1:42PM

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 Keller Williams Capital

Investment Insights

Based on property information with market context.

This office property comprises a 7,767-square-foot, all-brick building constructed in 1985. Multiple levels provide numerous private offices, substantial storage, and shared support areas, including 6 bathrooms and 3 kitchenettes. The layout also includes several options for subletting space.

Located at 1300 S 8th Street in Springfield, the property is near downtown and carries B-1 zoning. Its combination of private work areas, kitchenettes, restrooms, and storage supports a range of office configurations within an established commercial building.

Key Highlights

  • 7,767‑square‑foot office building at 1300 S 8th Street, Springfield, IL 62703
  • All‑brick construction with multiple levels; built in 1985
  • Numerous private offices with substantial storage areas

Property Analytics

Current Use

Young Law Partners, ... Law Firm Lighthouse Financial & Consulting ... Financial Advisor Eveloff Law Offices Law Firm Linder Law Office ... Law Firm

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Big Box & Wholesale Store Bakery Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

757
Businesses Nearby

Demographics for 62703, IL

28,344
Population
14,320
Households
2
Avg Household Size
37
Median Age
21%
College-Educated
85%
High-School Grad
14.9 sq mi
ZIP Area
1,902
Density / Sq Mi
$44,580
Median Household Income
$36,345
Median Earnings
$971
Median Rent
$93,100
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
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Frequently Asked Questions

What type of property is this?
Office building - Established office property with private rooms, support areas, and flexible sublease options near downtown.
Where is this office building located?
The property is located at 1300 S 8th Street Springfield, IL.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: 7,767‑square‑foot office building at 1300 S 8th Street, Springfield, IL 62703; All‑brick construction with multiple levels; built in 1985; Numerous private offices with substantial storage areas
More about this property
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