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Retail or Office Suite in Shopping Center
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1927 W Iles Avenue, Springfield, IL 62704

COMMERCIAL - Springfield, IL

Property Size1,000 SF
Days on Market50

Property Features for 1927 W Iles Avenue

General Information

Property type Commercial Lease
Property subtype Other
Zoning Retail
Directions Chatham Road to West Iles. Across the street from Schnucks.
Standard status Active
APN 22070229041
Listing Agency: The Real Estate Group, Inc.
Listed By: Bill Marriott · License #475116051
Added: Jun 12 Last Checked: Jul 31 at 12:06AM
MLS# CA1044423

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 property offers an available retail/office suite within a shopping center environment, marketed for use as either a retail shop or office space. The available size is listed at approximately 1,000 square feet, making it well-suited for a smaller footprint tenant looking for a dedicated space rather than shared quarters. The listing categorizes the offering within storefront and office unit property types, with retail zoning identified for the site.

The space is located at 1927 W Iles Avenue in Springfield, Illinois 62704, within Montvale Shopping Center. As presented in the remarks, the suite is currently available for occupancy.

From a tenant perspective, this is a practical fit for operators who need a straightforward retail-forward space or an office location that can support a retail-oriented business. The identified zoning and the stated suitability for retail shop or office use make it a reasonable option for businesses seeking a compact location in a shopping center setting.

Key Highlights

  • Retail/office space available in Montvale Shopping Center
  • Ideal for a retail shop or office
  • Approximately 1,000 SF available

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Law Firm 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

18
Businesses Nearby
Well-served
Demand for This Use

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

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Similar Off Market Nearby

  • Schnucks Montvale Floral — 2801 Chatham Rd, Springfield, IL 62704

Frequently Asked Questions

What type of property is this?
Storefront property - Available storefront/office suite in Montvale Shopping Center, suited for retail shops or office use.
Where is this storefront property located?
The property is located at 1927 W Iles Avenue Springfield, IL.
What are key features of this property?
This property features: Retail/office space available in Montvale Shopping Center; Ideal for a retail shop or office; Approximately 1,000 SF available
More about this property
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