7-Building Office
For Sale
Contact for pricing
1011 South 2nd Street, Springfield, IL 62704
Multi-building office portfolio with six State of Illinois leases and one nonprofit tenancy.
Property Size63,798 SF
Days on Market144
Property Features for 1011 South 2nd Street
General Information
Standard status
Active
Size
63,798 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 11
Changed: Aug 31
Last Checked: Aug 30 at 12:52AM
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-building office portfolio totals 63,799 square feet and includes six properties occupied by State of Illinois departments plus one leased to the Illinois Coalition Against Domestic Violence. Existing users include health and human services, developmental disabilities, veterans’ affairs, healthcare and family services, and domestic-violence support organizations. Several buildings accommodate administrative, storage, and IT functions, while the VA properties have a different use profile.
The properties are positioned three blocks south of the Illinois State Capitol in Springfield’s Capital Complex area, near the Illinois State Museum, Archives and Library, Attorney General’s office, Governor’s Mansion, and State Treasurer’s office. In-place leases have an average of 3.4 years remaining, with renewal options available. HVAC systems were replaced within the last 3-5 years, and roofs were replaced within the last 5-7 years.
The properties are positioned three blocks south of the Illinois State Capitol in Springfield’s Capital Complex area, near the Illinois State Museum, Archives and Library, Attorney General’s office, Governor’s Mansion, and State Treasurer’s office. In-place leases have an average of 3.4 years remaining, with renewal options available. HVAC systems were replaced within the last 3-5 years, and roofs were replaced within the last 5-7 years.
Key Highlights
- 7 buildings totaling 63,799 square feet
- Six properties leased to State of Illinois departments; one leased to ICADV
- Average of 3.4 years remaining on in‑place leases, with renewal options
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,578
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 - Multi-building office portfolio with six State of Illinois leases and one nonprofit tenancy.
Where is this office building located?
The property is located at 1011 South 2nd Street Springfield, IL.
What are key features of this property?
This property features: 7 buildings totaling 63,799 square feet; Six properties leased to State of Illinois departments; one leased to ICADV; Average of 3.4 years remaining on in‑place leases, with renewal options
