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Main-Floor Office Space
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312 Springfield Ave, Urbana, IL 61801

Main-floor office suite with two private offices, reception area, open workspace, and private bathroom, plus covered tenant parking.

Property Size906 SF
Days on Market1694

Property Features for 312 Springfield Ave

General Information

Standard status Active
Size 906 SF
Property subtype OFFICE
Lease Type SF/mo
Listing Agency: SVN | Ramshaw Real Estate, Inc.
Listed By: Jordan Dunahee · License #475181066
Source: Moodyscre
Added: Dec 9, 2021 Changed: Jul 27 Last Checked: Jul 29 at 1:36PM

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 SVN | Ramshaw Real Estate, Inc.

Investment Insights

Based on property information with market context.

312 W Springfield is a 906-square-foot main-floor office space within a multifamily residential complex. The layout includes two private offices, an enclosed reception office, approximately 567 square feet of open space suitable for lobby or office use, a coffee bar, and a private bathroom.

The space is located between the University of Illinois campus and downtown Urbana, offering visibility from the main floor of the residential complex.

The property is designed to support a combination of reception and working areas, with covered parking made available for tenants.

Key Highlights

  • 906 SF main‑floor office suite in a multifamily residential complex at 312 W Springfield
  • Layout includes two private offices, enclosed reception office, and 567 SF open lobby/office workspace
  • Includes a coffee bar and a private bathroom

Property Analytics

Current Use

Green Street Counseling ... Crisis Center

Suggested Use

Top Pick Electrical Service Auto Parts Store Pet Grooming Service (Bike/Boat/Book/etc) Store Storage Facility Nursing Home

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
$2.24 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,351
Businesses Nearby

Demographics for 61801, IL

27,658
Population
13,468
Households
2.1
Avg Household Size
26
Median Age
65%
College-Educated
98%
High-School Grad
5.4 sq mi
ZIP Area
5,122
Density / Sq Mi
$37,948
Median Household Income
$26,394
Median Earnings
$950
Median Rent
$184,000
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
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Frequently Asked Questions

What type of property is this?
Office units - Main-floor office suite with two private offices, reception area, open workspace, and private bathroom, plus covered tenant parking.
Where is this office units located?
The property is located at 312 Springfield Ave Urbana, IL.
What is the lease rate?
The lease rate is $1,125 /Mo.
What are key features of this property?
This property features: 906 SF main‑floor office suite in a multifamily residential complex at 312 W Springfield; Layout includes two private offices, enclosed reception office, and 567 SF open lobby/office workspace; Includes a coffee bar and a private bathroom
(309) 846-8941 Call to check price and availability
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