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3100 Walton Drive, Springfield, IL 62702

Commercial Lease, Springfield, IL

Space Size2,055 SF - 4,591 SF
Lot Size1.27 Acres
Days on Market1172

Property Features for 3100 Walton Drive

General Information

Property type Commercial Lease
Property subtype Other
Zoning B-1
Parking 50
Directions North on Dirksen Pkwy, same side as the Menards entrance
Standard status Active
APN 14130401043
Lot size 1.27 Acres

Taxes and HOA fees

Tax Year 2022
Tax Description N Pt L 2 Walton Dr Sub (53,525 sq ft) 13-16-5
Tax Annual Amount 44506
Legal Description N Pt L 2 Walton Dr Sub (53,525 sq ft) 13-16-5

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air

Building Details

Floors in Building 1
Flooring type Tile, Concrete, Carpet
Building materials Brick, Frame, Stone
Roof type Flat
Listing Agency: The Real Estate Group, Inc.
Listed By: Jerry George · License #475159363
Added: Jul 1, 2023 Changed: Sep 13 Last Checked: Sep 14 at 3:06AM
MLS# CA1023186

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.

Retail space is available at 3100 Walton Drive in Springfield, with approximately 2,055 to 4,591 square feet offered for lease. The larger configuration can be divided, providing flexibility for different operating requirements, and build-out terms may be negotiated. The property includes brick, frame, and stone construction, along with concrete, carpet, and tile flooring. Heating is provided by forced air, with central air conditioning, a flat roof, and public sewer service.

The site encompasses 1.2747 acres and is within walking distance of Walmart, Menards, Lowe’s, hotels, restaurants, and other retail services. The property is zoned B-1. A five-year lease and strong business plan are part of the stated leasing parameters.

Key Highlights

  • 2,055–4,591 square feet available for lease
  • Larger unit can be divided
  • 1.2747‑acre retail property

Property Analytics

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Current Use

Aaron's Rent To Own Furniture & Home Goods

Suggested Use

Top Pick Law Firm Hair Salon Dental Office Building Supply Kitchen & Bath Showroom Spa & Massage Center

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

371
Businesses Nearby

Demographics for 62702, IL

33,712
Population
17,083
Households
2
Avg Household Size
41
Median Age
20%
College-Educated
90%
High-School Grad
15.4 sq mi
ZIP Area
2,189
Density / Sq Mi
$52,748
Median Household Income
$38,160
Median Earnings
$858
Median Rent
$102,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Springfield, IL

$18.6 /SF/Yr
Avg Asking Price
$13–$27 /SF/Yr
Price Range
7,099 SF
Avg Space Size

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - B-1-zoned retail space with flexible suite configurations and negotiable build-out options.
Where is this retail space located?
The property is located at 3100 Walton Drive Springfield, IL.
What are key features of this property?
This property features: 2,055–4,591 square feet available for lease; Larger unit can be divided; 1.2747‑acre retail property
More about this property
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