Medical Office Building with Available
For Sale
$1,200,000
2524 FARRAGUT Drive, Springfield, IL 62704
Commercial Sale, Springfield, IL
Property SizeContact for details
Lot Size1.00 Acre
Days on Market277
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: Sep 16
Last Checked: Oct 5 at 5:06PM
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.
This office building accommodates medical and professional users, with suites currently available within a partially leased configuration. The front 12,000 SF includes a recently installed roof and HVAC system, while a basement provides additional storage space. Brick and frame construction, tile and carpet flooring, forced-air heating, central air, and a membrane roof are among the documented improvements.
The property occupies 1 acre at 2524 Farragut Drive in Springfield, Illinois 62704. It is served by public sewer and carries R-5A zoning. Existing office improvements and available suite space support continued medical or professional office use.
The property occupies 1 acre at 2524 Farragut Drive in Springfield, Illinois 62704. It is served by public sewer and carries R-5A zoning. Existing office improvements and available suite space support continued medical or professional office use.
Key Highlights
- Front 12,000 SF has a new roof and HVAC system
- Medical and professional office building with available suites
- Partially leased configuration
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
952
Businesses Nearby
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
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Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Office building - Partially leased office property with medical suites and basement storage.
Where is this office building 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; Medical and professional office building with available suites; Partially leased configuration
