Three-Story Office
For Sale
$1,700,000
509 W CAPITOL Avenue 511, Springfield, IL 62704
Brick office property with surface and underground parking, ADA access, elevators, and updated building systems.
Property Size43,000 SF
Price / SF$39.53
Days on Market52
Property Features for 509 W CAPITOL Avenue 511
General Information
Standard status
Active
Size
43,000 SF
Elevators
Yes
Zoning
R5C Office
Occupancy
100%
Taxes and HOA fees
Annual Taxes
$26,683
Amenities
new carpet
freshly painted dry wall
acoustical tile ceiling
ADA restrooms
fiber data cable
security system
common area lobbies
landscaped
ADA accessibility
Building Details
Buildings
1
Stories
3
Construction
brick
Tenancy
Single
Listing Agency:
(217) 625-4663
Listed By:
Nicholas Campo
(217) 625-4663
Source:
Camporealty.idxbroker
Added: Jul 10
Changed: Aug 29
Last Checked: Aug 30 at 1:00PM
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 Nicholas Campo
Investment Insights
Based on property information with market context.
This solid-brick office property provides 3 stories of +/- 43,000 sf, complemented by lower-level parking. Building features include refreshed carpet, painted drywall, acoustical tile ceilings, ADA restrooms, two elevators serving every floor and the lower level, newly installed fiber data cable, and a security system. Two shared lobbies each offer 2 points of access, and the landscaped grounds include ADA accessibility.
The property is positioned just west of the Illinois State Capitol Building complex in Springfield, with both surface and underground parking on site. It has accommodated multiple office users historically and is currently fully leased to one tenant. The zoning is R5C Office.
The property is positioned just west of the Illinois State Capitol Building complex in Springfield, with both surface and underground parking on site. It has accommodated multiple office users historically and is currently fully leased to one tenant. The zoning is R5C Office.
Key Highlights
- 3 stories with +/- 43,000 sf of office space
- Surface and underground parking, including lower‑level parking
- Two elevators serve all floors, including the lower level
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,646
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
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Frequently Asked Questions
What type of property is this?
Office building - Brick office property with surface and underground parking, ADA access, elevators, and updated building systems.
Where is this office building located?
The property is located at 509 W CAPITOL Avenue 511 Springfield, IL.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: 3 stories with +/- 43,000 sf of office space; Surface and underground parking, including lower‑level parking; Two elevators serve all floors, including the lower level
