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Standalone Office Property and Garage

2060 W Monroe St, Springfield, IL 62704

For Sale
$235,000

Office property with a separate garage and S-1 neighborhood commercial and office zoning.

Property Size3,893 SF
Days on Market60

Property Features for 2060 W Monroe St

General Information

Standard status Active
Size 3,893 SF
Class C
Property subtype Office
Zoning S-1, Neighborhood Commercial & Office District

Building Details

Building Size 3,893 SF
Year Built 1967
Buildings 2
Listing Agency: Coldwell Banker Commercial Devonshire Realty
Listed By: Blake Pryor, CCIM · License IL #475159138
Source: Cbcworldwide
Added: Sep 16 Changed: Oct 26 Last Checked: Nov 12 at 4:09AM

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 Coldwell Banker Commercial Devonshire Realty

Rey
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Investment Insights

Based on property information with market context.

This standalone office property in Springfield, Illinois, includes a separate garage and was constructed in 1967. The building is located at 2060 W Monroe St and is situated within the S-1, Neighborhood Commercial & Office District zoning designation.

The property is classified as an office building and is offered for sale. Its detached garage provides a distinct accessory improvement alongside the primary office structure.

Key Highlights

  • Standalone office building at 2060 W Monroe St
  • Detached garage included with the property
  • Built in 1967

Property Analytics

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Current Use

J Donley Law Law Firm Las Vegas Connection Travel Agency All Inclusive Confidential Travel Agency TPH Strategies Accounting Firm Budget Tax Tax Preparation

Suggested Use

Top Pick Dental Office Law Firm Restaurant Building Supply Auto Repair Shop Parking Lot & Garage

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

490
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
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Market

Properties on Market for Office buildings in Springfield

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Office building - Office property with a separate garage and S-1 neighborhood commercial and office zoning.
Where is this office building located?
The property is located at 2060 W Monroe St Springfield, IL.
What is the asking price?
The asking price for this property is $235,000.
What are key features of this property?
This property features: Standalone office building at 2060 W Monroe St; Detached garage included with the property; Built in 1967
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Includes: Price & PSF · Cap rate · Location · Zoning

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