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

Industrial zoning supports storage, packaging, logistics, and shipping and receiving functions.

Property Size5,000 SF
Days on Market216

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: Midwestrealestate
Added: Jan 28 Changed: Aug 31 Last Checked: Aug 3 at 5:58AM

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 distribution center was built in 1900 and is positioned for warehouse-oriented operations involving storage, packaging, logistics, and shipping and receiving. The property information also identifies processing, fabrication, light manufacturing, and component or goods assembly as compatible industrial activities when nuisance impacts remain limited.

Located at 313 W Madison Street in Springfield, Illinois, the property carries INDUS zoning. The district also allows utility and public service functions, including water facilities and electrical substations. Contractor yards and equipment maintenance may be available through conditional use approval, providing additional industrial operating possibilities subject to applicable requirements.

Key Highlights

  • Distribution center at 313 W Madison Street, Springfield, IL 62702
  • 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 - Industrial zoning supports storage, packaging, logistics, and shipping and receiving functions.
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: Distribution center at 313 W Madison Street, Springfield, IL 62702; INDUS zoning; Built in 1900
More about this property
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