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2651 FARRAGUT Drive, Springfield, IL 62704

Commercial Lease, Springfield, IL

Space Size3,077 SF - 8,263 SF
Lot Size1.60 Acres
Days on Market2882

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: Oct 7 Last Checked: Oct 11 at 12:06AM
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.

This commercial office offering includes 5,186 SF on the first floor and 3,077 SF on the second. The layout combines multiple enclosed offices with open areas suitable for cubicles or other workstations, allowing the floors to be leased together or separately based on space requirements.

The property is located at 2651 Farragut Drive in Springfield, Illinois, just north of the LRS complex on Monroe. Building features include frame and brick construction, carpet and tile flooring, forced-air heating, central air conditioning, an asphalt roof, and public sewer service. The site encompasses 1.6 acres and carries Commercial zoning.

Key Highlights

  • 5,186 SF first‑floor office area and 3,077 SF second‑floor office area
  • First- and second‑floor spaces can be leased together or separately
  • Multiple private offices plus open areas for cubicles or workstations

Property Analytics

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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 Parking Lot & Garage Kitchen & Bath Showroom Grocery & Convenience Store Plumbing Service HVAC Service

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
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 units - Commercially zoned space offers private offices and open work areas across two floors.
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: 5,186 SF first‑floor office area and 3,077 SF second‑floor office area; First- and second‑floor spaces can be leased together or separately; Multiple private offices plus open areas for cubicles or workstations
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