Office Unit with Elevator
For Lease
Contact for pricing
400 W MONROE Street, Springfield, IL 62704
Commercial Lease, Springfield, IL
Space Size467 SF
Days on Market582
Property Features for 400 W MONROE Street
General Information
Property type
Commercial Lease
Property subtype
Other
Zoning
R-5b
Parking
2
Directions
Monroe at Pasfield
Standard status
Active
APN
14330207022
Taxes and HOA fees
Tax Year
2023
Tax Annual Amount
62229
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Hot Water(Heating), Natural Gas, Zoned
Cooling system
Multi Units, Central Air
Amenities
handicapped accessible restrooms
Building Details
Year built
1989
Floors in Building
4
Flooring type
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 3, 2025
Changed: Sep 16
Last Checked: Oct 6 at 9:06AM
MLS# CA1034741
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 467-square-foot office unit includes one private office and an L-shaped open area. The space is carpeted and served by central air, multiple cooling units, zoned forced air, hot water heating, and natural gas. A gross lease structure applies, with communications services such as internet or phone as the only additional tenant expense identified. Common handicapped-accessible restrooms serve the building.
Constructed in 1989 with brick and steel-frame exterior construction, the building has metal-stud interior walls and a monitored wet sprinkler system. On-site parking provides 175 assigned spaces. Building circulation includes two elevators and three stairways, including two stairways connecting directly from the covered parking area. Separate heating and cooling plants serve the second floor and the third and fourth floors.
Constructed in 1989 with brick and steel-frame exterior construction, the building has metal-stud interior walls and a monitored wet sprinkler system. On-site parking provides 175 assigned spaces. Building circulation includes two elevators and three stairways, including two stairways connecting directly from the covered parking area. Separate heating and cooling plants serve the second floor and the third and fourth floors.
Key Highlights
- 467 SF office unit with 1 private office and L‑shaped open area
- Gross lease; tenant pays only communications expenses identified in the listing
- 175 on‑site parking spaces in assigned locations
Property Analytics
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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
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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 units - Gross lease office unit with shared accessible restrooms and elevator service.
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: 467 SF office unit with 1 private office and L‑shaped open area; Gross lease; tenant pays only communications expenses identified in the listing; 175 on‑site parking spaces in assigned locations
