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Brick Office Building
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2311 Hoffman Dr, Effingham, IL 62401

Occupied by the State of Illinois under an existing five-year lease with accessibility features throughout.

Property SizeContact for details
Days on Market145

Property Features for 2311 Hoffman Dr

General Information

Standard status Active
Property subtype Office

Amenities

Handicap accessible

Building Details

Year Built 1989
Construction brick
Tenancy Single
Owner Occupied No
Listing Agency: Smith Realty Group
Listed By: Theodore Rhodes · License #IL
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 5:12AM

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 Smith Realty Group

Investment Insights

Based on property information with market context.

This office building at 2311 Hoffman Dr in Effingham, Illinois, is constructed with an all-brick exterior and was completed in 1989. The property includes a concrete drive and parking lot, with handicap accessibility provided both inside and outside the building.

The building is leased to the State of Illinois under a five-year term and is currently in its third year. A new owner may negotiate revised lease terms in two years, providing a defined point for future lease discussions while the current tenancy remains in place.

The improvements were developed to the occupant’s specifications, supporting the property’s existing office use and institutional tenancy.

Key Highlights

  • Leased to the State of Illinois on a 5 year lease, currently in its 3rd year
  • All‑brick office building constructed in 1989
  • Concrete drive and parking lot

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Restaurant Law Firm HVAC Service Electrical Service Pharmacy Plumbing Service

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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

328
Businesses Nearby

Demographics for 62401, IL

19,408
Population
8,688
Households
2.2
Avg Household Size
42
Median Age
29%
College-Educated
94%
High-School Grad
103.9 sq mi
ZIP Area
187
Density / Sq Mi
$76,098
Median Household Income
$43,051
Median Earnings
$722
Median Rent
$195,800
Median Home Value

Market

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 building - Occupied by the State of Illinois under an existing five-year lease with accessibility features throughout.
Where is this office building located?
The property is located at 2311 Hoffman Dr Effingham, IL.
What are key features of this property?
This property features: Leased to the State of Illinois on a 5 year lease, currently in its 3rd year; All‑brick office building constructed in 1989; Concrete drive and parking lot
More about this property
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