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Office Units with Open Work Area
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2451 W MONROE Street, Springfield, IL 62704

Commercial Lease, Springfield, IL

Space Size4,718 SF
Lot Size1.08 Acres
Days on Market505

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: Sep 30 Last Checked: Oct 6 at 12:06PM
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.

This office offering provides 4718 sf within the LRS complex, with 9 individual offices and additional open space configured for cubicles. The interior includes carpet and tile flooring, supported by forced-air heating and central air conditioning.

Located at 2451 W MONROE Street in Springfield, the property occupies a 1.08-acre parcel and has a commercial zoning designation. The building features brick and frame construction, a flat roof, and public sewer service.

Key Highlights

  • 4718 sf of office space in the LRS complex
  • 9 offices plus open area for cubicles
  • Carpet and tile flooring

Property Analytics

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Current Use

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

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Repair Shop HVAC Service Kitchen & Bath Showroom Auto Parts Store

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 units - Office space combines private rooms with an open area for cubicles.
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 of office space in the LRS complex; 9 offices plus open area for cubicles; Carpet and tile flooring
More about this property
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