Class A Office Building with On-Site
For Sale
$6,500,000
400 W MONROE Street, Springfield, IL 62704
COMMERCIAL - Springfield, IL
Property SizeContact for details
Lot Size2.50 Acres
Days on Market143
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
Forced Air, Radiant Ceiling, Natural Gas, Radiant, Ceiling
Cooling system
Central Air, Multi Units
Amenities
emergency generator
handicapped accessible restrooms
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: Aug 4
Last Checked: Aug 20 at 11:06PM
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.
Class A office building featuring brick and steel I-beam exterior construction with metal stud interior walls. The building provides on-site parking for 173 vehicles in assigned spaces, with all floors accessible via two elevators plus three stairways, including two stairways directly from the parking under the cover of the building. Commercial heating and cooling plants serve each floor, supported by concrete and carpet flooring. Two handicapped accessible restrooms are provided on each floor. A monitored wet sprinkler system is installed on each floor, including the basement, and there is an emergency generator with coverage for the elevators and parts of the 3rd and 4th floors.
The property is located at 400 W Monroe Street in Springfield, Illinois. Construction materials include brick, steel frame, and aluminum siding, with a membrane roof. Public sewer is available.
Built in 1989, the building includes radiant ceiling and forced-air heating options using natural gas, along with central air cooling configured as multi-unit systems. Zoning is listed as R5, B.
The property is located at 400 W Monroe Street in Springfield, Illinois. Construction materials include brick, steel frame, and aluminum siding, with a membrane roof. Public sewer is available.
Built in 1989, the building includes radiant ceiling and forced-air heating options using natural gas, along with central air cooling configured as multi-unit systems. Zoning is listed as R5, B.
Key Highlights
- Class A office building on a 2.5‑acre lot
- On‑site parking for 173 vehicles in assigned spaces
- Two elevators plus three stairways, including two from covered parking
Property Analytics
Property Profile
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
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Class A office building on a 2.5-acre lot with multiple elevators, monitored sprinkler protection, and on-site parking.
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: Class A office building on a 2.5‑acre lot; On‑site parking for 173 vehicles in assigned spaces; Two elevators plus three stairways, including two from covered parking
