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West Side Multi-Tenant Office Building
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2501 Chatham Rd, Springfield, IL 62704

Well-maintained multi-tenant office building with free on-site parking and multiple available suite sizes.

Space Size2,537 SF
Days on Market567

Property Features for 2501 Chatham Rd

General Information

Standard status Active
Size 2,537 SF
Property subtype OFFICE
Lease Type Gross

Additional Details

Traffic Count 20,000 vehicles/day

Amenities

free on-site parking
multi-tenant monument yard sign

Building Details

Tenancy Multi

Spaces For Lease

at 2501 Chatham Rd Contact us

2501 Chatham Rd $15.50/SF/Yr

Floor
1
Size
2,537 SF
Type
OFFICE
Lease Type
GROSS
Availability
AVAILABLE, Now
Sublease
No
- Well maintained professional west side office building - Excellent Location! 2501...
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Listing Agency: Todd P Smith Commercial Real Estate
Listed By: Todd P. Smith · License #471004523
Source: Moodyscre
Added: Feb 24, 2025 Changed: Sep 12 Last Checked: Sep 14 at 12:20PM

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 Todd P Smith Commercial Real Estate

Investment Insights

Based on property information with market context.

Located at 2501 Chatham Rd, this well-maintained west side office building offers a multi-tenant layout with various suite sizes currently available. The property is presented with a professional, quality presence and a comfortable work environment for day-to-day operations.

The building is situated in the Montvale Development and is positioned near retail, restaurant, services, and other offices. A multi-tenant monument yard sign is noted as visible to nearly 20,000 cars per day.

Additional conveniences include free on-site parking for building occupants and visitors. This configuration may be suitable for tenants seeking private office space within an established office environment.

Key Highlights

  • Well‑maintained multi‑tenant office building at 2501 Chatham Rd in the Montvale Development
  • Multi‑tenant monument yard sign offers business name visibility to nearly 20,000 cars per day
  • Free on‑site parking available for tenants and visitors

Property Analytics

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Current Use

Star of Your Story Music Venue Fleischbrueder LLC Big Box & Wholesale Store Americanteck Advertising Agency Living From HERT ... Life Coach Anne E. Daly, ... Medical Clinic

Suggested Use

Top Pick Real Estate Agency Law Firm Auto Repair Shop Building Supply Hair Salon Kitchen & Bath Showroom

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

20,000 VPD
Traffic count
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$2.32 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

743
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
View Realmo Analytics

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
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Well-maintained multi-tenant office building with free on-site parking and multiple available suite sizes.
Where is this office building located?
The property is located at 2501 Chatham Rd Springfield, IL.
What is the lease rate?
The lease rate is $15.50 SF/Yr.
What are key features of this property?
This property features: Well‑maintained multi‑tenant office building at 2501 Chatham Rd in the Montvale Development; Multi‑tenant monument yard sign offers business name visibility to nearly 20,000 cars per day; Free on‑site parking available for tenants and visitors
(217) 441-8000 Call to check price and availability
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