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Renovated Office Building

430 W Jefferson St, Springfield, IL 62702

For Sale
Contact for pricing

Furnished workspace includes private offices, meeting rooms, and on-site parking.

Property SizeContact for details
Days on Market15

Property Features for 430 W Jefferson St

General Information

Standard status Active
Property subtype Office

Additional Details

Furnished Yes
Road Access Yes
Property Use Office

Building Details

Buildings 1
Listing Agency: Todd P Smith Real Estate Inc
Listed By: Todd Smith · License IL #471004523
Source: Crexi
Added: Oct 27 Changed: Nov 9 Last Checked: Nov 8 at 3:33PM

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 Todd P Smith Real Estate Inc

Rey
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Investment Insights

Based on property information with market context.

Renovated interior space is arranged with a reception area, private offices, conference rooms, a break room, and an open workroom. Office furniture is included, and parking is available on site. An on-site billboard provides rental income.

The office occupies a corner lot on Jefferson Street, also identified as IL Route 97. Its setting places it among the Illinois State Capitol Complex, Downtown Springfield, and the Mid-Illinois Medical District, with restaurants and businesses nearby. Major and minor arterial roads connect the property to other parts of the city.

Key Highlights

  • Renovated office building with reception, private offices, conference rooms, break room, and open workroom
  • Office furniture included; on‑site parking
  • Corner‑lot location on Jefferson Street (IL Route 97)

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Auto Parts Store HVAC Service Building Supply Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

3,463
Businesses Nearby

Demographics for 62702, IL

33,712
Population
17,083
Households
2
Avg Household Size
41
Median Age
20%
College-Educated
90%
High-School Grad
15.4 sq mi
ZIP Area
2,189
Density / Sq Mi
$52,748
Median Household Income
$38,160
Median Earnings
$858
Median Rent
$102,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Office buildings in Springfield

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Office building - Furnished workspace includes private offices, meeting rooms, and on-site parking.
Where is this office building located?
The property is located at 430 W Jefferson St Springfield, IL.
What is the asking price?
The asking price for this property is $435,000.
What are key features of this property?
This property features: Renovated office building with reception, private offices, conference rooms, break room, and open workroom; Office furniture included; on‑site parking; Corner‑lot location on Jefferson Street (IL Route 97)
(217) 553-5439 Call to check price and availability
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