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Class A Office Suite
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2451 W MONROE Street, Springfield, IL 62704

COMMERCIAL - Springfield, IL

Space Size4,718 SF
Lot Size1.08 Acres
Days on Market459

Property Features for 2451 W MONROE Street

General Information

Property type Commercial Lease
Property subtype Other
Zoning Commercial
Directions Take Monroe to Mountcastle and turn North. Then turn West on Farragut. Entr
Standard status Active
APN 14.31.0-401-024
Lot size 1.08 Acres

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air

Building Details

Floors in Building 2
Flooring type Tile, Carpet
Building materials Brick, Frame
Roof type Flat
Listing Agency: The Real Estate Group, Inc.
Listed By: Bill Marriott · License #475116051
Added: May 20, 2025 Changed: Aug 4 Last Checked: Aug 21 at 9:06AM
MLS# CA1036560

Copyright © 2026 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Class A office space located within the LRS complex. The suite includes nine offices plus an open area suitable for cubicles, providing a mix of private and collaborative work settings.

The property is in Springfield, Illinois and is offered for rent. Floor plan and pictures are available by attachment.

The space is configured to support a professional office use, with multiple dedicated offices and an open work area for day-to-day operations.

Key Highlights

  • 4718 SF Class A office space in the LRS complex
  • Includes 9 offices plus open area for cubicles
  • Forced air heating and central air cooling

Property Analytics

Current Use

LRS Education Services ... Vocational School LMZ Wealth Management Financial Advisor Central Illinois Security ... Security Service

Suggested Use

Top Pick Building Supply Parking Lot & Garage Auto Repair Shop Kitchen & Bath Showroom Grocery & Convenience Store HVAC 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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

930
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

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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Class A office space with nine offices and open cubicle area within the LRS complex.
Where is this office units located?
The property is located at 2451 W MONROE Street Springfield, IL.
What are key features of this property?
This property features: 4718 SF Class A office space in the LRS complex; Includes 9 offices plus open area for cubicles; Forced air heating and central air cooling
More about this property
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