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Lower-Level Office Space with Conference Room
For Lease
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2601 S 5TH Street, Springfield, IL 62703

COMMERCIAL - Springfield, IL

Space Size1,450 SF
Days on Market57

Property Features for 2601 S 5TH Street

General Information

Property type Commercial Lease
Property subtype Other
Zoning R-5B
Directions GPS Friendly
Standard status Active
APN 22090278023

Taxes and HOA fees

Tax Year 2025
Tax Description See tax records
Tax Annual Amount 7507
Legal Description See tax records

Utilities

Sewer type Public Sewer
Heating system Forced Air, Zoned
Cooling system Central Air, Multi Units

Amenities

parking area

Building Details

Year built 1977
Floors in Building 2
Flooring type Carpet, Tile
Building materials Brick, Stone
Roof type Asphalt
Listing Agency: The Real Estate Group, Inc.
Listed By: Jami Winchester · License #475109074
Added: Jun 25 Changed: Aug 4 Last Checked: Aug 20 at 7:06PM
MLS# CA1044697

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.

Lower-level office space totaling approximately 1,450 SF within a brick and stone building built in 1977. The layout includes several office-sized rooms, one sound buffered conference room, one large common area, and a reception area. Men’s and women’s restrooms are located on the same level.

The space features large daylight windows and a mix of tile and carpet flooring. Heating is forced air with zoned controls, and cooling is provided via central air with multi units. The property also includes a large parking area.

Zoning is R-5B. Public sewer is available, and the building has an asphalt roof.

Key Highlights

  • Approximately 1,450 SF lower‑level office suite
  • Large daylight windows on the lower level
  • Sound buffered conference room plus reception and common area

Property Analytics

Current Use

Ackerman Law Office, ... Law Firm Attorney John P. ... Law Firm Academy For Sports Dentistry Association / Organization Illinois Equine Industry ... Training Center Hamilton Al Insurance Agency

Suggested Use

Top Pick Real Estate Agency Dental Office (Bike/Boat/Book/etc) Store Parking Lot & Garage Furniture & Home Goods Nail Salon

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
$1.86 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

588
Businesses Nearby

Demographics for 62703, IL

28,344
Population
14,320
Households
2
Avg Household Size
37
Median Age
21%
College-Educated
85%
High-School Grad
14.9 sq mi
ZIP Area
1,902
Density / Sq Mi
$44,580
Median Household Income
$36,345
Median Earnings
$971
Median Rent
$93,100
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

This space is priced 69% below the average of $40.65 /SF/Yr.

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Lower-level office suite with daylight windows, sound-buffered conference room, and heat, air, plus utilities included.
Where is this office units located?
The property is located at 2601 S 5TH Street Springfield, IL.
What are key features of this property?
This property features: Approximately 1,450 SF lower‑level office suite; Large daylight windows on the lower level; Sound buffered conference room plus reception and common area
More about this property
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