Second-Floor Office
For Lease
Contact for pricing
427 MONROE Street, Springfield, IL 62701
COMMERCIAL - Springfield, IL
Space SizeContact for details
Lot Size0.50 Acres
Days on Market508
Property Features for 427 MONROE Street
General Information
Property type
Commercial Lease
Property subtype
Other
Zoning
S-3
Directions
Northwest corner of 5th and Monroe
Standard status
Active
APN
14340107051
Lot size
0.50 Acres
Taxes and HOA fees
Tax Annual Amount
20562
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air
Building Details
Floors in Building
4
Flooring type
Tile, Carpet
Building materials
Brick, Frame
Roof type
Membrane
Listing Agency:
The Real Estate Group, Inc.
(217) 787-7000
Listed By:
Curtis Tillett · License #475089421
(217) 553-7022
Added: Apr 1, 2025
Changed: Aug 4
Last Checked: Aug 21 at 7:06AM
MLS# CA1035427
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.
Second-floor office suite available in a downtown corner building. The space is laid out as a large open area with a small storage room. Agent-owned.
The property is located on Monroe Street at the corner of 5th and Monroe in Springfield, Illinois, and the second-floor suite offers views of the Old State Capitol.
Zoned S-3, the suite is a straightforward option for tenants looking for an open office configuration with dedicated storage.
The property is located on Monroe Street at the corner of 5th and Monroe in Springfield, Illinois, and the second-floor suite offers views of the Old State Capitol.
Zoned S-3, the suite is a straightforward option for tenants looking for an open office configuration with dedicated storage.
Key Highlights
- Second‑floor suite at the corner of 5th and Monroe, offering views of the Old State Capitol
- Suite layout includes a large open space plus a small storage room
- Construction materials: brick and frame
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
3,451
Businesses Nearby
Explore this area
Business Placement
Demographics for 62701, IL
1,354
Population
832
Households
1.6
Avg Household Size
36
Median Age
35%
College-Educated
86%
High-School Grad
0.4 sq mi
ZIP Area
3,385
Density / Sq Mi
$32,444
Median Household Income
$31,472
Median Earnings
$667
Median Rent
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 - Second-floor suite with a large open work area and small storage room, offering views of the Old State Capitol.
Where is this office units located?
The property is located at 427 MONROE Street Springfield, IL.
What are key features of this property?
This property features: Second‑floor suite at the corner of 5th and Monroe, offering views of the Old State Capitol; Suite layout includes a large open space plus a small storage room; Construction materials: brick and frame
