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Professional Office Space For Lease
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2205 W WABASH Avenue #260, Springfield, IL 62704

Professional office space for lease with elevator access.

Space Size2,379 SF
Days on Market770

Property Features for 2205 W WABASH Avenue #260

General Information

Standard status Active
Size 2,379 SF
Property subtype Retail, Office
Lease Type Gross

Building Details

Year Built 1986
Tenancy Single

Spaces For Lease

at 2205 W WABASH Avenue #260 Contact us

260

Size
2,379 SF
Type
Office, Retail
Lease Type
Gross
Availability
Active
Contact us
Listing Agency: The Real Estate Group
Listed By: Ben Call · License #475139475
Source: Crexi
Added: Jul 13, 2024 Changed: Aug 8 Last Checked: Aug 20 at 2:15PM

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

Investment Insights

Based on property information with market context.

Professional office space ranging from 488 to 3495 square feet is available for lease on the second floor. The space is accessible by elevator and offers exposure on West Wabash, located blocks from White Oaks Mall. The layout includes 9 separate suites, with the option to combine them to accommodate specific needs. Tenant improvements are negotiable with acceptable lease terms, and build-to-suit options are available. The restrooms have been renovated, and new windows and HVAC systems have been installed. The building provides 24-hour security with pin code access to the front and rear doors.

Key Highlights

  • Flexible space: 488‑3495 sq ft, with 9 suites combinable to fit your needs.
  • Prime location: West Wabash, near White Oaks Mall.
  • Move‑in ready: Renovated restrooms, new windows, and new HVAC.

Property Analytics

Current Use

Flooring of Springfield Inc. Carpet & Flooring Store Loren W. Richie, ... Alternative Medicine Practice Suite 108 Hair ... Hair Salon Titan Games - Springfield Electronics & Wireless Store Knit Wits (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm Building Supply HVAC Service Kitchen & Bath Showroom Auto Repair Shop Hair Salon

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
$2.48 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,069
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

$40.65 /SF/Yr
Avg Asking Price
$6.5–$150 /SF/Yr
Price Range
2,527 SF
Avg Space Size

This space is priced 59% below the average of $40.65 /SF/Yr.

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 - Professional office space for lease with elevator access.
Where is this office units located?
The property is located at 2205 W WABASH Avenue #260 Springfield, IL.
What is the lease rate?
The lease rate is $16.50 SF/Yr.
What are key features of this property?
This property features: Flexible space: **488‑3495 sq ft**, with 9 suites combinable to fit your needs.; Prime location: West Wabash, near White Oaks Mall.; Move‑in ready: Renovated restrooms, new windows, and new HVAC.
(217) 341-9397 Call to check price and availability
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