Class A Office with 9 Private
For Lease
Contact for pricing
400 W MONROE Street, Springfield, IL 62704
COMMERCIAL - Springfield, IL
Space Size2,695 SF
Days on Market536
Property Features for 400 W MONROE Street
General Information
Property type
Commercial Lease
Property subtype
Other
Parking
10
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, Radiant Ceiling, Natural Gas, Radiant, Ceiling, Zoned
Cooling system
Central Air, Multi Units
Amenities
handicapped accessible restrooms
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# CA1034743
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 Class A office space is 2,695 square feet and is configured with 9 private offices, 2 conference rooms, and a reception area. The layout includes common handicapped accessible restrooms. The building features brick and steel I-beam exterior construction with metal stud interior walls, along with concrete and carpet flooring.
The space is served by common commercial heating and cooling plants with service to the 3rd floor separate from the 2nd and 4th floors. Building systems include a monitored wet sprinkler system and roof membrane. All floors are accessible via two elevators, plus three stairways, with two stairways directly from the parking under the building cover. On-site parking is available for 175 vehicles in assigned spaces.
Lease structure is gross, with the only additional tenant expense for communications (internet/phone). The building was constructed in 1989 and is served by public sewer.
The space is served by common commercial heating and cooling plants with service to the 3rd floor separate from the 2nd and 4th floors. Building systems include a monitored wet sprinkler system and roof membrane. All floors are accessible via two elevators, plus three stairways, with two stairways directly from the parking under the building cover. On-site parking is available for 175 vehicles in assigned spaces.
Lease structure is gross, with the only additional tenant expense for communications (internet/phone). The building was constructed in 1989 and is served by public sewer.
Key Highlights
- 2,695 SF office configured with 9 private offices, 2 conference rooms, and reception
- Common handicapped accessible restrooms
- Monitored wet sprinkler system in a Class A building
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Sprinkler system
NNN (Triple Net)
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 - 2,695 SF office with private offices, conference rooms, reception, and handicapped accessible restrooms in a monitored sprinklered building.
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: 2,695 SF office configured with 9 private offices, 2 conference rooms, and reception; Common handicapped accessible restrooms; Monitored wet sprinkler system in a Class A building
