State-Leased Office
For Sale
Contact for pricing
833 S Spring St, Springfield, IL 62704
Seven-building office portfolio with government and nonprofit occupants, recent roof and HVAC replacements, and renewal options.
Property Size63,799 SF
Days on Market143
Property Features for 833 S Spring St
General Information
Standard status
Active
Size
63,799 SF
Property subtype
Office
Building Details
Buildings
7
Tenancy
Multi
Listing Agency:
The Boulder Group
(847) 562-0003
Listed By:
Randy Blankstein · License #IL 471005983
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 29 at 5:37PM
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 occupied by the Illinois Coalition Against Domestic Violence. Current office functions include storage, administration, and IT operations, with the VA buildings identified separately in the tenant mix. The in-place leases have an average of 3.4 years remaining and include renewal options.
The properties are located three blocks south of the Illinois State Capitol Building within the Capital Complex Area. Nearby state-related facilities include Cyber Drive Illinois, the Illinois State Museum, Archives and Library, the Attorney General’s office, the Governor’s Mansion, and the State Treasurer’s office. HVAC systems were replaced within the last 3-5 years, while roofs were replaced within the last 5-7 years.
The properties are located three blocks south of the Illinois State Capitol Building within the Capital Complex Area. Nearby state-related facilities include Cyber Drive Illinois, the Illinois State Museum, Archives and Library, the Attorney General’s office, the Governor’s Mansion, and the State Treasurer’s office. HVAC systems 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 buildings
- Six properties leased to State of Illinois departments; one leased to ICADV
- In‑place leases average 3.4 years remaining and include renewal options
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,045
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 occupants, recent roof and HVAC replacements, and renewal options.
Where is this office building located?
The property is located at 833 S Spring St Springfield, IL.
What are key features of this property?
This property features: 63,799‑square‑foot portfolio comprising seven office buildings; Six properties leased to State of Illinois departments; one leased to ICADV; In‑place leases average 3.4 years remaining and include renewal options
