Brick Office
For Sale
$6,500,000
400 W MONROE Street, Springfield, IL 62704
Commercial Sale, Springfield, IL
Property SizeContact for details
Lot Size2.50 Acres
Days on Market180
Property Features for 400 W MONROE Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
R5, B
Parking
173
Directions
W Monroe between Pasfield & Lewis
Standard status
Active
APN
14330207022
Lot size
2.50 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
71500
Utilities
Sewer type
Public Sewer
Heating system
Radiant Ceiling, Ceiling, Natural Gas, Radiant, Forced Air
Cooling system
Central Air, Multi Units
Amenities
commercial heating & cooling plants
handicapped accessible restrooms
emergency generator
Building Details
Year built
1989
Floors in Building
4
Flooring type
Concrete, Carpet
Building materials
Brick, Steel Frame, Aluminum Siding
Roof type
Membrane
Listing Agency:
The Real Estate Group, Inc.
(217) 787-7000
Listed By:
Tom Frost · License #475086838
(217) 652-8972
Added: Mar 31
Changed: Sep 16
Last Checked: Sep 26 at 3:06PM
MLS# CA1042679
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.
Built in 1989 on 2.5 acres, this multi-floor office building features brick and steel-frame construction, aluminum siding, carpet and concrete flooring, and a membrane roof. Commercial heating and cooling plants serve each floor, with radiant and forced-air heating and central air cooling. Public sewer service supports the property, which carries R5, B zoning.
The site provides 173 assigned parking spaces, including spaces located beneath the building’s covered area. Two elevators serve all floors, and three stairways provide additional circulation, including two stairways with direct covered access from the parking area. Each floor includes two accessible restrooms and a monitored wet sprinkler system extends through the building and basement.
An emergency generator supports the elevators and portions of the third and fourth floors. The building’s combination of vertical transportation, dedicated floor-by-floor mechanical systems, parking, and life-safety features supports a substantial office configuration.
The site provides 173 assigned parking spaces, including spaces located beneath the building’s covered area. Two elevators serve all floors, and three stairways provide additional circulation, including two stairways with direct covered access from the parking area. Each floor includes two accessible restrooms and a monitored wet sprinkler system extends through the building and basement.
An emergency generator supports the elevators and portions of the third and fourth floors. The building’s combination of vertical transportation, dedicated floor-by-floor mechanical systems, parking, and life-safety features supports a substantial office configuration.
Key Highlights
- 2.5‑acre office property with R5, B zoning
- 173 assigned on‑site parking spaces
- Brick and steel‑frame construction completed in 1989
Property Analytics
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Current Use
Lease Details
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
2,717
Businesses Nearby
Explore this area
Business Placement
Demographics for 62704, IL
39,157
Population
20,706
Households
1.9
Avg Household Size
40
Median Age
42%
College-Educated
95%
High-School Grad
12.2 sq mi
ZIP Area
3,210
Density / Sq Mi
$66,352
Median Household Income
$44,793
Median Earnings
$924
Median Rent
$166,900
Median Home Value
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Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Office building - Multi-floor office property with covered parking access, elevator service, dedicated mechanical systems, and life-safety infrastructure.
Where is this office building located?
The property is located at 400 W MONROE Street Springfield, IL.
What is the asking price?
The asking price for this property is $6,500,000.
What are key features of this property?
This property features: 2.5‑acre office property with R5, B zoning; 173 assigned on‑site parking spaces; Brick and steel‑frame construction completed in 1989
