Office Building Near Capitol
For Lease
Contact for pricing
400 W Monroe St, Springfield, IL 62704
Office spaces available in established business center near downtown.
Space Size467 SF - 2,695 SF
Property Size70,561 SF
Days on Market1594
Property Features for 400 W Monroe St
General Information
Standard status
Active
Size
467 SF - 2,695 SF
Class
A
Total Parking Spaces
171
Property subtype
Office
Lease Type
Full Service
Building Details
Building Size
70,561 SF
Year Built
1989
Tenancy
Multiple
Spaces For Lease
at 400 W Monroe St Contact us- Size
- 467 SF
- Type
- Office
- Lease Type
- Full Service
- Availability
- Active
Suite 204 A
- Size
- 1,638 SF
- Type
- Office
- Lease Type
- Full Service
- Availability
- Active
204B
- Size
- 2,695 SF
- Type
- Office
- Lease Type
- Full Service
- Availability
- Active
Suite 301
Listing Agency:
The Real Estate Group Inc
(217) 787-7000
Listed By:
Tom Frost · License #IL 475.086838
Source:
Crexi
Added: Apr 20, 2022
Changed: Aug 28
Last Checked: Aug 29 at 9:57PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Real Estate Group Inc
Investment Insights
Based on property information with market context.
Illinois Business Center has been serving office tenants since 1989. The building is located adjacent to the State of Illinois Capitol Complex and just west of Springfield's Central Business District. Architecturally designed, the property includes parking underneath the building at ground level, with additional parking available on surface lots. The building features a monitored wet sprinkler system and zoned heating and cooling for each floor. Access is provided by two elevators and three stairways, two of which lead directly from the outside. Common handicapped accessible restrooms are located on the central hallway of each floor.
Key Highlights
- Adjacent to the State of Illinois Capitol Complex.
- Parking underneath the building at ground level and additional surface lot parking.
- Zoned heating and cooling for each floor.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.36 /SF/Yr
CAM
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 - Office spaces available in established business center near downtown.
Where is this office building located?
The property is located at 400 W Monroe St Springfield, IL.
What is the lease rate?
The lease rate is $15.76 SF/Yr.
What are key features of this property?
This property features: Adjacent to the State of Illinois Capitol Complex.; Parking underneath the building at ground level and additional surface lot parking.; Zoned heating and cooling for each floor.
