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Two-Story Office Suite
For Lease
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2651 FARRAGUT Drive, Springfield, IL 62704

COMMERCIAL - Springfield, IL

Space SizeContact for details
Lot Size1.60 Acres
Days on Market2836

Property Features for 2651 FARRAGUT Drive

General Information

Property type Commercial Lease
Property subtype Other
Zoning Commercial
Directions Take Monroe to Mountcastle Road turn North. Building is on the NW corner.
Standard status Active
APN 14-31.0-401-022
Lot size 1.60 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 Frame, Brick
Roof type Asphalt
Listing Agency: The Real Estate Group, Inc.
Listed By: Bill Marriott · License #475116051
Added: Nov 20, 2018 Changed: Aug 4 Last Checked: Aug 26 at 11:06AM
MLS# CA187447

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.

Two-story office space available for lease, with both first- and second-floor areas. The first floor includes multiple offices plus open spaces designed for cubicles or work areas, while the second floor offers office and open-layout space for similar workspace needs.

The property is located just north of the LRS complex on Monroe, in Springfield, Illinois. The overall commercial zoning supports office use.

The space can be leased together or separately depending on the square footage requirements of the tenant.

Key Highlights

  • Office space on 1st and 2nd floors with 5,186 SF on the 1st floor and 3,077 SF on the 2nd floor
  • Can be leased together or separately based on SF requirements
  • Includes multiple offices plus open spaces suited for cubicles or work areas

Property Analytics

Current Use

US Army Springfield ... Army Facility US Army Springfield ... Military Recruiting Office US Army Springfield ... Military Recruiting Office

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

968
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

Market

Lease Benchmarks for Springfield, IL

$17.3 /SF/Yr
Avg Asking Price
$6.5–$36.02 /SF/Yr
Price Range
2,544 SF
Avg Space Size

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 - Two-story office space with first- and second-floor layouts that can be leased together or separately.
Where is this office units located?
The property is located at 2651 FARRAGUT Drive Springfield, IL.
What are key features of this property?
This property features: Office space on 1st and 2nd floors with 5,186 SF on the 1st floor and 3,077 SF on the 2nd floor; Can be leased together or separately based on SF requirements; Includes multiple offices plus open spaces suited for cubicles or work areas
More about this property
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