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Retail Space with Office Mezzanine
For Sale
Contact for pricing
Pending

1987 WABASH Avenue, Springfield, IL 62704

Large-format retail property with a dedicated upper-level office component.

Property Size49,000 SF
Days on Market145

Property Features for 1987 WABASH Avenue

General Information

Standard status Pending
Size 49,000 SF
Property subtype Land, Retail
Listing Agency: Hurwitz Enterprises
Listed By: Mimi Hurwitz
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Sep 2 at 1:54AM

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 Hurwitz Enterprises

Investment Insights

Based on property information with market context.

This retail property at 1987 WABASH Avenue comprises approximately 49,000 square feet across two levels. The primary floor provides about 46,000 square feet of retail area, complemented by a 3,000-square-foot office mezzanine on the second floor.

Key Highlights

  • Approximately 49,000 SF of total building area
  • Approximately 46,000 SF on the first floor
  • 3,000 SF second‑floor office mezzanine

Property Analytics

Current Use

Ashley Outlet Furniture & Home Goods Sleep Savers Furniture & Home Goods Barney's Furniture Furniture & Home Goods

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Auto Repair Shop Big Box & Wholesale Store Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,059
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

Vacancy Rate% for Retail in Midwest region

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

What type of property is this?
Retail space - Large-format retail property with a dedicated upper-level office component.
Where is this retail space located?
The property is located at 1987 WABASH Avenue Springfield, IL.
What are key features of this property?
This property features: Approximately 49,000 SF of total building area; Approximately 46,000 SF on the first floor; 3,000 SF second‑floor office mezzanine
More about this property
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