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Office Unit with Conference Room
For Lease
$13.50 SF/Yr

1 W Old State Capitol Plaza #800, Springfield, IL 62701

Upper-level office space includes utilities, parking, janitorial service, and on-site building operations.

Space SizeContact for details
Property Size107,000 SF
Days on Market6740

Property Features for 1 W Old State Capitol Plaza #800

General Information

Standard status Active
Size 107,000 SF
Zoning S-3
Lease Type Gross

Space & Availability

Floor 8
Space Use Office
Private Offices 6
Meeting Rooms 1

Additional Details

Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $13,486

Amenities

on-site management
maintenance
CCTV security
kitchen
janitorial
temp-controlled storage

Building Details

Building Size 107,000 SF
Listing Agency: Myers Commercial Real Estate
Listed By: Steve Myers
Source: Craggsrealtors
Added: Mar 18, 2008 Changed: Aug 29 Last Checked: Aug 11 at 8:55AM

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 Myers Commercial Real Estate

Investment Insights

Based on property information with market context.

Located on the 8th floor, this 2,772-square-foot office unit is configured with 6 private offices, a reception area, copy, fax and storage space, plus a kitchen. An adjoining large conference room expands the available workspace. The suite has a view of the Old State Capitol and includes parking spaces, all utilities, and janitorial service five nights per week.

Building services include on-site management, maintenance, and CCTV security. The premises are available June 1st, with additional temperature-controlled storage available on-site. The property is identified as S-3 zoning and is located at 1 W Old State Capitol Plaza #800 in Springfield, Illinois.

Key Highlights

  • 2,772‑square‑foot office unit on the 8th floor
  • 6 private offices with reception, copy, fax, storage, and kitchen areas
  • Adjoining large conference room

Property Analytics

Current Use

Hard Money Lenders ... Loan Service McGuireWoods Consulting Law Firm Chase Mortgage Loan Service Edison Electricians of Springfield Electrical Service Productive Resources Engineering Consultant

Suggested Use

Top Pick Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Storage Facility HVAC Service Home Appliance Store Plumbing 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

Yes
Utilities to site
NNN (Triple Net)
Lease Type
$2.03 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,681
Businesses Nearby

Demographics for 62701, IL

1,354
Population
832
Households
1.6
Avg Household Size
36
Median Age
35%
College-Educated
86%
High-School Grad
0.4 sq mi
ZIP Area
3,385
Density / Sq Mi
$32,444
Median Household Income
$31,472
Median Earnings
$667
Median Rent

Market

Lease Benchmarks for Springfield, IL

$17.3 /SF/Yr
Avg Asking Price
$6.5–$36.02 /SF/Yr
Price Range
2,544 SF
Avg Space Size

This space is priced 22% below the average of $17.3 /SF/Yr.

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 units - Upper-level office space includes utilities, parking, janitorial service, and on-site building operations.
Where is this office units located?
The property is located at 1 W Old State Capitol Plaza #800 Springfield, IL.
What is the lease rate?
The lease rate is $13.50 SF/Yr.
What are key features of this property?
This property features: 2,772‑square‑foot office unit on the 8th floor; 6 private offices with reception, copy, fax, storage, and kitchen areas; Adjoining large conference room
More about this property
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