State-Leased Office
For Sale
Contact for pricing
822 S College St, Springfield, IL 62704
Seven-building office portfolio with government and nonprofit tenancy, recent HVAC and roof replacements, and renewal options in place.
Property Size63,799 SF
Days on Market143
Property Features for 822 S College 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 30 at 8:19PM
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 office portfolio comprises seven buildings totaling 63,799 square feet. Six properties are leased to State of Illinois departments, while the remaining building is occupied by the Illinois Coalition Against Domestic Violence. Current tenants include departments focused on health and human services, developmental disabilities, veterans’ affairs, and healthcare and family services, with spaces supporting storage, administration, and IT functions. Average remaining lease term is 3.4 years, with renewal options available.
The buildings are located 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 Illinois Governor’s Mansion, and the State Treasurer’s office. HVAC equipment has been replaced within the last 3–5 years, and all roofs have been replaced within the last 5–7 years.
The buildings are located 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 Illinois Governor’s Mansion, and the State Treasurer’s office. HVAC equipment has been replaced within the last 3–5 years, and all roofs have been replaced within the last 5–7 years.
Key Highlights
- 63,799‑square‑foot portfolio across seven office buildings
- 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
2,534
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 tenancy, recent HVAC and roof replacements, and renewal options in place.
Where is this office building located?
The property is located at 822 S College St Springfield, IL.
What are key features of this property?
This property features: 63,799‑square‑foot portfolio across seven office buildings; 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
