Remodeled Office
For Lease
Contact for pricing
221-223 S 3rd Street, Springfield, IL 62701
Main-level office space offers two suite areas with private offices, reception, conference, and kitchenette amenities.
Space Size4,866 SF
Days on Market596
Property Features for 221-223 S 3rd Street
General Information
Standard status
Active
Size
4,866 SF
Net Rentable
4,866 SF
Zoning
S-3
Lease Type
Gross
Space & Availability
Available Space
4,866 SF
Contiguous Space
4,866 SF
Floor
Main Level
Space Use
Office
Private Offices
11
Meeting Rooms
1
Lease Terms
Lease Rate
$4,460 /USD/MO
Monthly Rent
$4,460
Building Details
Building Size
4,866 SF
Year Built
1910
Year Renovated
2023
Listing Agency:
Coldwell Banker Commercial Dev
(217) 725-9518
Listed By:
Blake Pryor · License #475159138
(217) 725-9518
Source:
Shawneehillsrealestate
Added: Jan 1, 2025
Changed: Aug 11
Last Checked: Aug 20 at 2:22PM
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 Dev
Investment Insights
Based on property information with market context.
Located at 221-223 S 3rd Street in Springfield, Illinois, this 4,866 SF main-level office property is configured as two adjoining suite areas. The north side includes an open work area, 3 private offices, and a private bathroom. The south side provides a reception area, 8 private offices, a conference room, and a kitchenette. A private suite entrance is complemented by a shared hallway entrance from S. 3rd St.
Both spaces were remodeled in 2023 with new paint, vinyl flooring, base trim, acoustic ceiling, 2x4 LED lighting, kitchenette cabinets and countertop, and updated bathroom fixtures including a vanity, toilet, and shower. The property was built in 1910 and carries S-3 zoning.
Both spaces were remodeled in 2023 with new paint, vinyl flooring, base trim, acoustic ceiling, 2x4 LED lighting, kitchenette cabinets and countertop, and updated bathroom fixtures including a vanity, toilet, and shower. The property was built in 1910 and carries S-3 zoning.
Key Highlights
- 4,866 SF main‑level office configuration
- Two suite areas with 11 private offices combined
- North suite includes open work area, private bathroom, and 3 private offices
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.65 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
3,767
Businesses Nearby
Explore this area
Business Placement
Demographics for 62701, IL
1,354
Population
832
Households
1.6
Avg Household Size
36
Median Age
35%
College-Educated
86%
High-School Grad
0.4 sq mi
ZIP Area
3,385
Density / Sq Mi
$32,444
Median Household Income
$31,472
Median Earnings
$667
Median Rent
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 73% below the average of $40.65 /SF/Yr.
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Main-level office space offers two suite areas with private offices, reception, conference, and kitchenette amenities.
Where is this office units located?
The property is located at 221-223 S 3rd Street Springfield, IL.
What are key features of this property?
This property features: 4,866 SF main‑level office configuration; Two suite areas with 11 private offices combined; North suite includes open work area, private bathroom, and 3 private offices
