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Shopping Center Expansion Space
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1300 TORONTO Road, Springfield, IL 62712

Commercial Lease, Springfield, IL

Space Size8,000 SF
Days on Market2614

Property Features for 1300 TORONTO Road

General Information

Property type Commercial Lease
Property subtype Other
Zoning B-1
Directions I55 to Toronto rd, exit east to #1300.
Standard status Active

Utilities

Sewer type Public Sewer
Listing Agency: Keller Williams Capital · Keller Williams Realty
Listed By: James Skeeters · License #475097981
Added: Aug 16, 2019 Changed: Oct 7 Last Checked: Oct 11 at 12:06AM
MLS# CA1661

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.

Southfield Commons offers a proposed 8,000 sq ft extension within a shopping center setting. The planned addition can be divided, and construction may be tailored to specific requirements. The property is zoned B-1 and offers a modified gross lease structure, with ample parking identified for the site.

The center is located at 1300 Toronto Road in Springfield, near Snap Fitness and a half-mile corridor containing restaurants, convenience stations, banks, and UIS. Lake Springfield, additional shopping centers, and three subdivisions are approximately one mile away. The surrounding area also includes several multifamily developments, while significant highway traffic contributes to the site's visibility.

Key Highlights

  • Proposed 8,000 sq ft extension at Southfield Commons
  • Space can be divided for multiple users
  • Construction may be tailored to specific requirements

Property Analytics

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Current Use

Shopping centers

Suggested Use

Top Pick Dental Office Law Firm Hair Salon Real Estate Agency Auto Repair Shop Electrical Service

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

Lease Details

Multi-tenant
Tenancy
Modified Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

183
Businesses Nearby
Under-served
Demand for This Use

Demographics for 62712, IL

10,321
Population
4,938
Households
2.1
Avg Household Size
44
Median Age
48%
College-Educated
99%
High-School Grad
23.9 sq mi
ZIP Area
432
Density / Sq Mi
$108,730
Median Household Income
$59,805
Median Earnings
$1,156
Median Rent
$244,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Shopping center - Proposed construction offers divisible space with customization options for prospective occupants.
Where is this shopping center located?
The property is located at 1300 TORONTO Road Springfield, IL.
What are key features of this property?
This property features: Proposed 8,000 sq ft extension at Southfield Commons; Space can be divided for multiple users; Construction may be tailored to specific requirements
More about this property
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