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Office Suites with Atrium Collaboration
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1999 Wabash Ave, Springfield, IL 62704

Small to large office suites with an open atrium collaboration area, natural light, and fiber connectivity.

Property Size3,786 SF
Days on Market525

Property Features for 1999 Wabash Ave

General Information

Standard status Active
Size 3,786 SF
Property subtype OFFICE

Additional Details

Space Use Office

Amenities

collaboration areas
open atrium space
fiber connectivity
high speed internet
tenant signage
Listing Agency: Todd P Smith Commercial Real Estate
Listed By: Todd P. Smith · License #471004523
Source: Moodyscre
Added: Feb 24, 2025 Changed: Jul 31 Last Checked: Aug 2 at 2:18PM

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 Todd P Smith Commercial Real Estate

Investment Insights

Based on property information with market context.

The Wabash Building offers office suites in a fresh, bright, and clean setting with lots of natural light. The property includes collaboration areas in a beautiful open atrium space and provides small to large office spaces to accommodate different tenant needs. Fiber connectivity and high-speed internet are available.

Located at the northwest corner of Chatham Road and Wabash, the building sits in the center of commercial activity in Springfield. Tenant signage is visible to over 25,000 cars per day.

With approximately 3,786 square feet of space, the configuration supports flexible office occupancy within a common, shared atrium environment.

Key Highlights

  • Open atrium collaboration areas with bright, natural light
  • Small to large office suites
  • Tenant signage visible to over 25,000 cars per day

Property Analytics

Current Use

Edward Jones - Financial ... Financial Advisor Prairie State Counseling ... Mental Health Service LeadIT Corporation (Bike/Boat/Book/etc) Store Safe Haven Hospice Nursing Home Illinois Primary Health ... Corporate Office

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.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

873
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

$39.75 /SF/Yr
Avg Asking Price
$9.5–$150 /SF/Yr
Price Range
3,421 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 - Small to large office suites with an open atrium collaboration area, natural light, and fiber connectivity.
Where is this office units located?
The property is located at 1999 Wabash Ave Springfield, IL.
What are key features of this property?
This property features: Open atrium collaboration areas with bright, natural light; Small to large office suites; Tenant signage visible to over 25,000 cars per day
(217) 441-8000 Call to check price and availability
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