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Industrial Distribution Center
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313 W Madison Street, Springfield, IL 62702

INDUS-zoned facility suited to warehousing, shipping, receiving, packaging, and related industrial operations.

Property Size5,000 SF
Days on Market204

Property Features for 313 W Madison Street

General Information

Standard status Active
Size 5,000 SF
Property subtype Commercial
Zoning INDUS

Taxes and HOA fees

Annual Taxes $3,237

Building Details

Building Size 5,000 SF
Year Built 1900
Stories 2
Listing Agency: Parkvue Realty Corporation
Listed By: Anthony Disano · License #471010606
Source: Gia-sells
Added: Jan 28 Changed: Aug 16 Last Checked: Aug 19 at 3:11PM

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 Parkvue Realty Corporation

Investment Insights

Based on property information with market context.

This 5,000-square-foot industrial property was built in 1900 and is classified for distribution-center use. The facility supports warehouse and distribution functions, including storage, packaging, logistics, and shipping and receiving. The property may also accommodate processing, fabrication, light manufacturing, and component assembly that do not create significant nuisances.

Zoned INDUS, the site is positioned for industrial support activities such as contractor yards and equipment maintenance, with certain uses potentially subject to conditional approval. Utility and public-service functions are also identified as allowable district uses. Cannabis craft growing or processing may be permitted conditionally where applicable requirements are met. The property is located at 313 W Madison Street in Springfield, Illinois.

Key Highlights

  • 5,000‑square‑foot industrial facility
  • INDUS zoning
  • Built in 1900

Property Analytics

Current Use

Distribution centers

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Grocery & Convenience Store HVAC Service Kitchen & Bath Showroom Catering Service Home Appliance 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.

Location Intelligence

Trade Area within ½ mile

4,305
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

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Distribution center - INDUS-zoned facility suited to warehousing, shipping, receiving, packaging, and related industrial operations.
Where is this distribution center located?
The property is located at 313 W Madison Street Springfield, IL.
What are key features of this property?
This property features: 5,000‑square‑foot industrial facility; INDUS zoning; Built in 1900
More about this property
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