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Retail Space Across From Schnucks
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1925 W Iles Avenue, Springfield, IL 62704

Commercial Lease, Springfield, IL

Space Size4,000 SF
Days on Market329

Property Features for 1925 W Iles Avenue

General Information

Property type Commercial Lease
Property subtype Other
Zoning Commercial
Directions NORTH OF SCHNUCKS IN MONTVALE SHOPPING CENTER.
Standard status Active
APN 22-07.0-229-041

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air

Building Details

Floors in Building 1
Flooring type Tile, Concrete
Building materials Block, Brick
Roof type Flat
Listing Agency: The Real Estate Group, Inc.
Listed By: Bill Marriott · License #475116051
Added: Nov 7, 2025 Changed: Sep 13 Last Checked: Oct 2 at 1:06AM
MLS# CA1040420

Copyright © 2026 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 4000 SF retail suite is configured for commercial occupancy and was previously used as a tanning salon. The property features block and brick construction, a flat roof, concrete and tile flooring, forced-air heating, central air conditioning, and public sewer service. The lease structure is NNN.

Located at 1925 W Iles Avenue in Springfield, the space sits across from Schnucks. Its commercial zoning and existing retail configuration provide a straightforward setting for a tenant seeking space along W Iles Avenue.

Key Highlights

  • 4000 SF of retail space
  • Across from Schnucks on W Iles Avenue
  • Commercial zoning

Property Analytics

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Current Use

The Ultimate Tan Tanning Salon

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Barber Shop

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

842
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Springfield, IL

$20 /SF/Yr
Avg Asking Price
$16–$27 /SF/Yr
Price Range
4,361 SF
Avg Space Size

This space is priced 20% below the average of $20 /SF/Yr.

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Commercial suite with central air, forced-air heat, tile and concrete flooring, and public sewer service.
Where is this retail space located?
The property is located at 1925 W Iles Avenue Springfield, IL.
What are key features of this property?
This property features: 4000 SF of retail space; Across from Schnucks on W Iles Avenue; Commercial zoning
More about this property
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