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    Corner Downtown Office & Retail Building Title is generated by Realmo AI

    427 MONROE Street, Springfield, IL 62701

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    For Sale
    $619,000

    COMMERCIAL - Springfield, IL

    Lot size:
    0.50 Acres
    Added:
    Dec 1, 2024
    Days on Market:
    561
    Last Refresh:
    Jun 15 at 1:06 pm

    Property Features for 427 MONROE Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    S-3
    Standard status
    Active
    APN
    14340107051
    Lot size
    0.50 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    23059

    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

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    Listing Contact
    Curtis Tillett
    Curtis Tillett

    Listing agent Curtis Tillett License #475089421

    Listing office The Real Estate Group, Inc. 3701 West Wabash, Springfield, IL

    Listing date Dec 1, 2024

    MLS# CA1034952

    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.

    HighLights

    • Prime downtown Springfield location at the corner of 5th and Monroe
    • Variety of office suites available on the third floor
    • 6,000 sq. ft. entertainment space with open floor plan, 2 bars, stage, and 2 outdoor seating areas
    • Close proximity (3 blocks) to the State Capitol and Amtrak station
    • Ground level retail space available
    • Located next door to the post office and near 3 banks

    Overview

    This for-sale mixed-use building offers third-floor office suites and ground-level retail space. The property also includes approximately 6,000 square feet of entertainment space with an open floor plan, two bars, a stage, and two outdoor seating areas. Zoning is listed as S-3.

    Located on a corner in downtown Springfield, the building sits at 427 Monroe Street. The area described places the property about three blocks from the State Capitol and Amtrak station, next door to the post office, and within roughly 1–2 blocks of multiple banks. Nearby amenities also noted include restaurants and gift shops, and the listing states the Medical District is about a mile from the building.

    The mix of office, retail, and entertainment space can support a range of tenant types that want a downtown presence, including professional services such as attorneys, accountants, architects, and lobbyists, as well as operators seeking entertainment or retail programming in a shared building environment. Other reputable tenants are referenced in the building, and the listing agent has a financial interest in the property.
    Property Profile Location Intelligence

    Current Use by Public Records

    Brown Management Corp. Business Management Consultant Coldwell Banker Commercial ... Real Estate Agency Upper Echelon Marketing ... Advertising Agency Veloxinet Telecommunications Service Kristi Mitchell Photography Photography Service

    Suggested Use

    Restaurant Real Estate Agency Building Supply Spa & Massage Center Dental Office Law Firm Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Sangamon
    State
    Illinois
    Longitude
    -89.649721
    Latitude
    39.799663

    FAQs

    What type of property is this?
    Office units - Multiple suite configurations with third-floor office space and ground-level retail, plus an entertainment space with outdoor seating.
    Where is this office units located?
    The property is located at 427 MONROE Street Springfield, IL.
    What is the asking price?
    The asking price for this property is $619,000.
    What are key features of this property?
    This property features: Prime downtown Springfield location at the corner of 5th and Monroe; Variety of office suites available on the third floor; **6,000 sq. ft. entertainment space with open floor plan, 2 bars, stage, and 2 outdoor seating areas**
    More about this property
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