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Parking Lot Portfolio with Offices
For Sale
Contact for pricing
Pending

2929 E COOK Street, Springfield, IL 62703

Multi-lot commercial property offers office amenities, asphalt surfacing, lighting, and accessory storage buildings.

Property SizeContact for details
Days on Market142

Property Features for 2929 E COOK Street

General Information

Standard status Pending
Property subtype Land, Industrial, Office, Retail
Listing Agency: The Real Estate Group, Inc.
Listed By: Diane Tinsley · License #471018772
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 10:54AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Real Estate Group, Inc.

Investment Insights

Based on property information with market context.

This parking-lot portfolio comprises three commercial lots with a mix of leased and vacant areas. The Dirksen lot includes offices, restrooms, a kitchen, and a waiting room, along with asphalt surfacing and site lighting. Two storage garages accompany a 1,500 SF gray house on Cook Street, while a separate sales building on Dirksen contains 1,620 SF.

Leasing is distributed across the property, including space used by a school bus company and additional businesses. The front portion of the Dirksen lot has a two-year lease, while the west-end lot is currently vacant. The property is located at 2929 E COOK Street in Springfield, Illinois.

Key Highlights

  • Three commercial lots with leased and vacant areas
  • Dirksen lot includes offices, restrooms, kitchen, and waiting room
  • Asphalted parking area with site lighting

Property Analytics

Current Use

Parking lots & garages

Suggested Use

Top Pick Real Estate Agency Spa & Massage Center Gym & Fitness Center Dental Office Restaurant Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

394
Businesses Nearby
Well-served
Demand for This Use

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

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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Similar Off Market Nearby

  • United Rentals 1600 S Dirksen Pkwy, Springfield, IL 62703
  • Penske Truck Rental 1720 S Dirksen Pkwy, Springfield, IL 62764
  • Casey Rentals 2700 A Old Rochester Rd, Springfield, IL 62703
  • Enterprise Rent-A-Car 1031 S Dirksen Pkwy, Springfield, IL 62703
  • U-Haul Neighborhood Dealer 252 S Dirksen Pkwy, Springfield, IL 62703

Frequently Asked Questions

What type of property is this?
Parking lot & garage - Multi-lot commercial property offers office amenities, asphalt surfacing, lighting, and accessory storage buildings.
Where is this parking lot & garage located?
The property is located at 2929 E COOK Street Springfield, IL.
What are key features of this property?
This property features: Three commercial lots with leased and vacant areas; Dirksen lot includes offices, restrooms, kitchen, and waiting room; Asphalted parking area with site lighting
(217) 416-0993 Call to check price and availability
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