Freestanding Professional Office
3167 Robbins Road Springfield, IL 62704
For Sale
Contact for pricing
Well-maintained two-story office building with 16 private offices and 41 surface parking spaces.
Property Size10,900 SF
Lot Size1.63 Acres
Price / SF$160.55
Days on Market74
Property Features for 3167 Robbins Road
General Information
- Standard status
- Active
- Size
- 10,900 SF
- Lot size
- 1.63 Acres
- Property subtype
- Office
Listing Agency:
Barbermurphy Group
(618) 277-4400
Listed By:
Katie Bush · License #IL 475209285
Source:
Crexi
Added: May 11
Changed: Jul 23
Last Checked: Jul 23 at 12:37PM
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 Barbermurphy Group
Investment Insights
Based on property information with market context.
Built in 2001, this well-maintained freestanding office building offers a functional two-floor layout totaling 10,900 rentable square feet. The interior configuration includes 16 private offices, 3 workstations, and 2 conference rooms, supporting professional services and medical administration needs, as well as regional headquarters use. The property also provides 41 surface parking spaces.
Located at 3167 Robbins Road in Springfield, Illinois, the building is positioned within a commercial corridor on the west side of the state capital, with straightforward roadway connectivity throughout the greater Springfield market. The surrounding area includes national retailers, dining, and service providers such as Target, Walmart, Chick-fil-A, Olive Garden, Best Buy, and Kohl’s.
Recent capital improvements include a roof replacement in July 2022 and a new HVAC chiller installed in December 2025.
Located at 3167 Robbins Road in Springfield, Illinois, the building is positioned within a commercial corridor on the west side of the state capital, with straightforward roadway connectivity throughout the greater Springfield market. The surrounding area includes national retailers, dining, and service providers such as Target, Walmart, Chick-fil-A, Olive Garden, Best Buy, and Kohl’s.
Recent capital improvements include a roof replacement in July 2022 and a new HVAC chiller installed in December 2025.
Key Highlights
- Built in 2001, freestanding two‑story office building with 10,900 rentable SF on approx. 1.63 acres
- Layout includes 16 private offices, 3 workstations, and 2 conference rooms for professional services or administration
- 41 surface parking spaces for employee and client parking
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $239.4k | $21.96 |
| − Vacancy | −$47.9k | −$4.39 |
| EGI | $191.5k | $17.57 |
| − OpEx | −$47.9k | −$4.39 |
| NOI | $143.6k | $13.18 |
10,900 SF · lease $21.96/SF/yr · vacancy 20.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.05M
$1.80M – $2.39M
NOI $143,618 @ 7.0% cap · market cap 8.21%
Second Best
Healthcare Medical
$1.77M
$1.55M – $2.07M
NOI $124,077 @ 7.0% cap · market cap 7.09%
Theoretical Best
Office A
$2.68M
$2.34M – $3.12M
NOI $187,332 @ 7.0% cap · market cap 10.70%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Shelter Insurance Springfield, ...
Insurance Agency
FAQs
What type of property is this?
Office building - Well-maintained two-story office building with 16 private offices and 41 surface parking spaces.
Where is this office building located?
The property is located at 3167 Robbins Road Springfield, IL.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Built in 2001, freestanding two‑story office building with 10,900 rentable SF on approx. 1.63 acres; Layout includes 16 private offices, 3 workstations, and 2 conference rooms for professional services or administration; 41 surface parking spaces for employee and client parking
