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Warehouse Distribution Facility
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313 W Madison St, Springfield, IL 62702

Industrial facility supporting storage, packaging, logistics, and shipping functions.

Property Size5,000 SF
Days on Market40

Property Features for 313 W Madison St

General Information

Standard status Active
Size 5,000 SF
Zoning I1

Building Details

Year Built 1900
Listing Agency: Parkvue Realty Corporation
Listed By: Anthony Disano · License #471010606
Source: Grandviewrealtyservices
Added: Jul 21 Changed: Aug 28 Last Checked: Aug 25 at 4:46AM

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 Parkvue Realty Corporation

Investment Insights

Based on property information with market context.

This warehouse and distribution facility is positioned for storage, packaging, logistics, and shipping and receiving operations. The property information also identifies processing, fabrication, light manufacturing, and component assembly as potential industrial applications.

Additional supporting uses described for the district include contractor yards and equipment maintenance, with some uses subject to conditional approval. Utility and public-service functions, including water facilities and electrical substations, are also identified within the stated industrial framework. Cannabis craft growing or processing may be considered conditionally in Springfield when applicable access and fencing requirements are met. The building dates to 1900 and is located at 313 W Madison St in Springfield, Illinois.

Key Highlights

  • Warehouse and distribution facility
  • 5,000 property size
  • Built in 1900

Property Analytics

Current Use

Distribution centers

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Grocery & Convenience Store HVAC Service Kitchen & Bath Showroom Catering Service Home Appliance Store

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

4,305
Businesses Nearby

Demographics for 62702, IL

33,712
Population
17,083
Households
2
Avg Household Size
41
Median Age
20%
College-Educated
90%
High-School Grad
15.4 sq mi
ZIP Area
2,189
Density / Sq Mi
$52,748
Median Household Income
$38,160
Median Earnings
$858
Median Rent
$102,300
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Distribution center - Industrial facility supporting storage, packaging, logistics, and shipping functions.
Where is this distribution center located?
The property is located at 313 W Madison St Springfield, IL.
What are key features of this property?
This property features: Warehouse and distribution facility; 5,000 property size; Built in 1900
More about this property
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