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Two-Office Suite with Wet Bar
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983 Clocktower Drive #B, Springfield, IL 62704

Compact office unit with private work areas, a wet bar, shared restrooms, and off-street parking.

Space SizeContact for details
Days on Market1577

Property Features for 983 Clocktower Drive #B

General Information

Standard status Active
Zoning S-2
Lease Type Gross

Space & Availability

Space Use Office
Private Offices 2

Taxes and HOA fees

Annual Taxes $6,286

Amenities

common area restrooms
off street parking

Building Details

Buildings 1
Listing Agency: Keller Williams Capital
Listed By: James Skeeters · License #475097981
Source: Craggsrealtors
Added: May 13, 2022 Changed: Aug 30 Last Checked: Aug 31 at 5:09PM

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 Keller Williams Capital

Investment Insights

Based on property information with market context.

Suite B provides 600 square feet of office space arranged as two offices, including one with a wet bar. Common-area restrooms support the suite, while off-street parking is available for occupants and visitors. The property is on Clocktower Drive, just east of Veterans Parkway in Springfield, Illinois.

The space carries S-2 zoning. The tenant is responsible for electric service, with other occupancy details reflected in the shared building amenities.

Key Highlights

  • 600 SF office unit in Suite B
  • Two offices, including one with a wet bar
  • Common‑area restrooms

Property Analytics

Current Use

Thrivent Financial Insurance Agency Best Value Ceramics Dental Office Keith Hubble - Thrivent Financial Advisor Ippel Tim Insurance Agency Shelter Insurance - Bryan ... Insurance Agency

Suggested Use

Top Pick Restaurant Building Supply Auto Repair Shop Big Box & Wholesale Store Auto Parts Store HVAC 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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,019
Businesses Nearby

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

Lease Benchmarks for Springfield, IL

$8.75 /SF/Yr
Avg Asking Price
$6–$12.5 /SF/Yr
Price Range
3,989 SF
Avg Space Size

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 - Compact office unit with private work areas, a wet bar, shared restrooms, and off-street parking.
Where is this office units located?
The property is located at 983 Clocktower Drive #B Springfield, IL.
What are key features of this property?
This property features: 600 SF office unit in Suite B; Two offices, including one with a wet bar; Common‑area restrooms
More about this property
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