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Retail Shop or Office Space
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1927 W Iles Avenue, Springfield, IL 62704

Available retail/office unit in Montvale Shopping Center with 1,000 square feet of space.

Property Size1,000 SF
Days on Market50

Property Features for 1927 W Iles Avenue

General Information

Standard status Active
Size 1,000 SF
Listing Agency: The Real Estate Group, Inc.
Listed By: Bill Marriott · License #475116051
Source: Shawneehillsrealestate
Added: Jun 12 Changed: Jul 21 Last Checked: Jul 30 at 12:40PM

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 Real Estate Group, Inc.

Investment Insights

Based on property information with market context.

This available unit is located within Montvale Shopping Center and is suited for a retail shop or an office tenant. The space is currently available for lease and is offered as a 1,000-square-foot commercial suite.

The property is addressed at 1927 W Iles Avenue in Springfield, Illinois, within the shopping center setting.

The listing does not specify the interior layout beyond the total size, so prospective tenants should confirm the configuration during their tour.

Key Highlights

  • Available retail/office space in Montvale Shopping Center
  • Approximately 1,000 sq. ft. of usable space
  • Suitable for a retail shop or office

Property Analytics

Current Use

Shopping centers

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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Frequently Asked Questions

What type of property is this?
Shopping center - Available retail/office unit in Montvale Shopping Center with 1,000 square feet of space.
Where is this shopping center located?
The property is located at 1927 W Iles Avenue Springfield, IL.
What are key features of this property?
This property features: Available retail/office space in Montvale Shopping Center; Approximately 1,000 sq. ft. of usable space; Suitable for a retail shop or office
More about this property
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