Medical Office Building with New
For Sale
$1,200,000
2524 FARRAGUT Drive, Springfield, IL 62704
COMMERCIAL - Springfield, IL
Property SizeContact for details
Lot Size1.00 Acre
Days on Market231
Property Features for 2524 FARRAGUT Drive
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
R-5A
Directions
From Monroe, turn north on W. Lawrence. Turn left on Farragut.
Standard status
Active
APN
14310256008
Lot size
1.00 Acre
Taxes and HOA fees
Tax Annual Amount
14000
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air
Building Details
Floors in Building
1
Flooring type
Tile, Carpet
Building materials
Brick, Frame
Roof type
Membrane
Listing Agency:
The Real Estate Group, Inc.
(217) 787-7000
Listed By:
Curtis Tillett · License #475089421
(217) 553-7022
Added: Jan 1
Changed: Aug 4
Last Checked: Aug 20 at 4:06PM
MLS# CA1041234
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.
Medical and professional office building for sale with partially leased medical office suites available. The front 12,000 SF of the building includes a new roof and HVAC system and also has a basement for storage.
The property is located at 2524 Farragut Drive in Springfield, IL 62704. It is zoned R-5A and connected to public sewer. The building is constructed with brick and frame components and includes tile and carpet flooring. Heating is forced air and cooling is central air, with a membrane roof.
For buyers seeking medical or professional office space, the combination of partially leased suites and the newly updated roof and HVAC on the front portion supports a practical, move-in ready operating baseline for suitable users.
The property is located at 2524 Farragut Drive in Springfield, IL 62704. It is zoned R-5A and connected to public sewer. The building is constructed with brick and frame components and includes tile and carpet flooring. Heating is forced air and cooling is central air, with a membrane roof.
For buyers seeking medical or professional office space, the combination of partially leased suites and the newly updated roof and HVAC on the front portion supports a practical, move-in ready operating baseline for suitable users.
Key Highlights
- Front 12,000 SF has a new roof and HVAC system
- Partially leased with medical office suites available
- Basement included for storage
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
952
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Medical and professional office building on a 1-acre lot with partially leased suites; front portion has new roof and HVAC.
Where is this medical office space located?
The property is located at 2524 FARRAGUT Drive Springfield, IL.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Front 12,000 SF has a new roof and HVAC system; Partially leased with medical office suites available; Basement included for storage
