Second-Floor Office
For Lease
Contact for pricing
400 W MONROE Street, Springfield, IL 62704
Commercial Lease, Springfield, IL
Space Size1,638 SF
Days on Market582
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
Natural Gas, Zoned, Forced Air, Hot Water(Heating)
Cooling system
Multi Units, Central Air
Amenities
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: Sep 16
Last Checked: Oct 6 at 10:06AM
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.
This 1,638-square-foot office suite occupies the second floor of a 1989 commercial building. The layout includes three private offices, with windows in two, along with open area that can accommodate a receiving area or cubicles. The plan may allow a fourth private office while retaining shared workspace. Common handicapped-accessible restrooms are located outside the suite. A monitored wet sprinkler system, brick and steel-frame exterior construction, metal stud interior walls, carpet and concrete flooring, and zoned heating and cooling serve the premises.
The building provides assigned on-site parking for 175 vehicles. Access to the second floor is available through two elevators and three stairways, including two stairways connecting directly from covered parking areas. Separate commercial heating and cooling plants serve the second floor independently from the third and fourth floors. The lease is structured as gross, with communications services identified as the only additional ongoing tenant expense.
The building provides assigned on-site parking for 175 vehicles. Access to the second floor is available through two elevators and three stairways, including two stairways connecting directly from covered parking areas. Separate commercial heating and cooling plants serve the second floor independently from the third and fourth floors. The lease is structured as gross, with communications services identified as the only additional ongoing tenant expense.
Key Highlights
- 1,638‑square‑foot second‑floor office suite
- Three private offices, including two with windows
- Open area supports a receiving area, cubicles, or a possible fourth office
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - Three private offices, adaptable open workspace, and a gross lease structure support flexible business operations.
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‑square‑foot second‑floor office suite; Three private offices, including two with windows; Open area supports a receiving area, cubicles, or a possible fourth office
