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Second-Floor Office Suite
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528 S 5th Street #212, Springfield, IL 62701

Office space combines an open reception area with two private offices in a walkable downtown setting.

Space Size750 SF
Property Size21,464 SF
Days on Market1830

Property Features for 528 S 5th Street #212

General Information

Standard status Active
Size 750 SF
Net Rentable 750 SF
Zoning H-2
Lease Type Gross

Space & Availability

Available Space 750 SF
Contiguous Space 750 SF
Floor 2
Space Use Office
Private Offices 2

Building Details

Building Size 21,464 SF
Year Built 1920
Buildings 1
Listing Agency: Todd P Smith Real Estate
Listed By: Todd Smith · License #471004523
Source: Craggsrealtors
Added: Aug 1, 2021 Changed: Aug 2 Last Checked: Aug 4 at 2:24PM

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

Investment Insights

Based on property information with market context.

This second-floor office unit provides a practical layout with a reception and open work area, two private offices, and 10-foot ceilings. The property is part of the Edwards Building, constructed in 1920, and is designated H-2. Additional suites are also available in the building.

The property sits along a major thoroughfare in a walkable setting, with the renovated Governor's Mansion directly across the street. Y Block green space hosts outdoor events, including Levitt Amp concerts, while Centennial Plaza and nearby businesses such as Obed & Isaac's, Vondra Social House, Joe Gallina's Pizza, and INB Bank add surrounding activity. On-street metered parking is available in front, with surface rental parking nearby.

Key Highlights

  • Second‑floor office unit with reception/open area and two private offices
  • 10' ceilings support a spacious office environment
  • H‑2 zoning

Property Analytics

Current Use

Mills Law Office Law Firm Prevent Child Abuse-Illinois Social Service Agency Springfield Rentals Building Supply Illinois Democractic County County Government Office Illinois Senate Democratic Local Government Office

Suggested Use

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

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,980
Businesses Nearby

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

$54.66 /SF/Yr
Avg Asking Price
$10–$150 /SF/Yr
Price Range
4,415 SF
Avg Space Size

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
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Frequently Asked Questions

What type of property is this?
Office units - Office space combines an open reception area with two private offices in a walkable downtown setting.
Where is this office units located?
The property is located at 528 S 5th Street #212 Springfield, IL.
What are key features of this property?
This property features: Second‑floor office unit with reception/open area and two private offices; 10' ceilings support a spacious office environment; H‑2 zoning
More about this property
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