State-Tenanted Office
For Sale
Contact for pricing
830 S Spring St, Springfield, IL 62704
Seven-building office portfolio with government and nonprofit occupancy, updated roofs and HVAC systems, and lease renewal options.
Property SizeContact for details
Days on Market144
Property Features for 830 S Spring St
General Information
Standard status
Active
Property subtype
Office
Listing Agency:
The Boulder Group
(847) 562-0003
Listed By:
Randy Blankstein · License #IL 471005983
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 29 at 4:22PM
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.
This seven-property office portfolio totals 63,799 square feet and includes six buildings occupied by State of Illinois departments plus one leased to the Illinois Coalition Against Domestic Violence. Tenants include the Department of Health and Human Services, Council on Developmental Disabilities, Department of Veterans’ Affairs, and Department of Healthcare and Family Services. The spaces primarily support storage, administrative, information technology, and other back-office functions, with the exception of the VA buildings.
The properties are positioned three blocks south of the Illinois State Capitol Building within the Capital Complex Area. Surrounding state-related facilities include CyberDrive Illinois, the Illinois State Museum, Archives and Library, the Attorney General’s office, the Governor’s Mansion, and the State Treasurer’s office. In-place leases have an average of 3.4 years remaining and include renewal options. HVAC units were replaced within the last 3-5 years, while roofs were replaced within the last 5-7 years.
The properties are positioned three blocks south of the Illinois State Capitol Building within the Capital Complex Area. Surrounding state-related facilities include CyberDrive Illinois, the Illinois State Museum, Archives and Library, the Attorney General’s office, the Governor’s Mansion, and the State Treasurer’s office. In-place leases have an average of 3.4 years remaining and include renewal options. HVAC units were replaced within the last 3-5 years, while roofs were replaced within the last 5-7 years.
Key Highlights
- 63,799‑square‑foot portfolio comprising seven office properties
- Six buildings leased to State of Illinois departments; one occupied by ICADV
- Average of 3.4 years remaining on in‑place leases, with renewal options
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,700
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Office building - Seven-building office portfolio with government and nonprofit occupancy, updated roofs and HVAC systems, and lease renewal options.
Where is this office building located?
The property is located at 830 S Spring St Springfield, IL.
What are key features of this property?
This property features: 63,799‑square‑foot portfolio comprising seven office properties; Six buildings leased to State of Illinois departments; one occupied by ICADV; Average of 3.4 years remaining on in‑place leases, with renewal options
