Third-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 Market2763
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
Carpet, Tile
Building materials
Frame, Brick
Roof type
Membrane
Listing Agency:
The Real Estate Group, Inc.
(217) 787-7000
Listed By:
Curtis Tillett · License #475089421
(217) 553-7022
Added: Feb 1, 2019
Changed: Aug 5
Last Checked: Aug 26 at 11:06AM
MLS# CA190807
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.
Third-floor office suite available in a downtown Springfield building at the corner of 5th and Monroe. The suite includes four private offices and storage, with tile and carpet flooring throughout. Heating is provided by forced air and the space is cooled with central air.
The property is zoned S-3 and served by public sewer. Construction materials include frame and brick, and the roof is membrane.
The layout is well-suited for professional office use that benefits from a multi-room arrangement, including private offices plus dedicated storage within the suite.
The property is zoned S-3 and served by public sewer. Construction materials include frame and brick, and the roof is membrane.
The layout is well-suited for professional office use that benefits from a multi-room arrangement, including private offices plus dedicated storage within the suite.
Key Highlights
- Third‑floor suite with four private offices plus storage
- Corner location at 5th and Monroe in downtown Springfield
- Zoned S‑3
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
$17.3 /SF/Yr
Avg Asking Price
$6.5–$36.02 /SF/Yr
Price Range
2,544 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 - Zoned S-3 office suite with four private offices and storage, heated by forced air with central air conditioning.
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: Third‑floor suite with four private offices plus storage; Corner location at 5th and Monroe in downtown Springfield; Zoned S‑3
