Class A Second-Floor Office
For Lease
Contact for pricing
400 W MONROE Street, Springfield, IL 62704
COMMERCIAL - Springfield, IL
Space Size1,638 SF
Days on Market536
Property Features for 400 W MONROE Street
General Information
Property type
Commercial Lease
Property subtype
Other
Parking
4
Directions
Monroe & Pasfield
Standard status
Active
APN
14330207022
Taxes and HOA fees
Tax Year
2023
Tax Annual Amount
62229
Utilities
Sewer type
Public Sewer
Heating system
Hot Water(Heating), Forced Air, Zoned, Natural Gas
Cooling system
Multi Units, Central Air
Amenities
common handicapped accessible restrooms
on-site parking
Building Details
Year built
1989
Floors in Building
4
Flooring type
Carpet, Concrete
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 3, 2025
Changed: Aug 4
Last Checked: Aug 21 at 12:06PM
MLS# CA1034742
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.
Class A office suite on the 2nd floor of the building at 400 W Monroe Street in Springfield, IL. The 1,638-square-foot layout includes three private offices, two of which have windows. The configuration provides potential to add a 4th private office while still maintaining open area for receiving, cubicles, and other workplace uses. Common handicapped accessible restrooms are located out the back door to this suite.
The suite is offered under a gross lease structure, with the only additional ongoing tenant expense stated as communications (internet/phone). The building includes a monitored wet sprinkler system and is constructed with brick exterior elements and metal stud interior walls over a steel frame. Central heating and cooling plants serve the 2nd floor, separate from the 3rd and 4th floors. On-site parking is available in assigned spaces for 175 vehicles, and all floors are accessible by two elevators and three stairways (two stairways are directly from the parking under the cover of the building).
The suite is offered under a gross lease structure, with the only additional ongoing tenant expense stated as communications (internet/phone). The building includes a monitored wet sprinkler system and is constructed with brick exterior elements and metal stud interior walls over a steel frame. Central heating and cooling plants serve the 2nd floor, separate from the 3rd and 4th floors. On-site parking is available in assigned spaces for 175 vehicles, and all floors are accessible by two elevators and three stairways (two stairways are directly from the parking under the cover of the building).
Key Highlights
- 1,638 SF office suite on the 2nd floor
- Three private offices, two with windows; potential for a 4th private office
- Gross lease with additional tenant expense for communications (internet/phone) only
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Sprinkler system
Gross
Lease Type
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
Market
Lease Benchmarks for Springfield, IL
$40.65 /SF/Yr
Avg Asking Price
$6.5–$150 /SF/Yr
Price Range
2,527 SF
Avg Space Size
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Class A office suite on the second floor with three private offices and common handicapped-accessible restrooms.
Where is this office units located?
The property is located at 400 W MONROE Street Springfield, IL.
What are key features of this property?
This property features: 1,638 SF office suite on the 2nd floor; Three private offices, two with windows; potential for a 4th private office; Gross lease with additional tenant expense for communications (internet/phone) only
