Class A Freestanding Office
740 E Ash St., Springfield, IL 62703
Exceptional Class A office building with high-end finishes and modern amenities.
Type:Office
Property size:
36,631 SFPrice / SF:
$49/SF- Added:
- Sep 10, 2025
- Days on Market:
- 254
- Last Refresh:
- Apr 5 at 8:23 pm
Property Features for 740 E Ash St.
General Information
- Standard status
- Active
- Size
- 36,631 SF
- Property subtype
- Office
Building Details
- Year Built
- 1965
Listing agent Blake Pryor, CCIM License #475159138
Listing office Coldwell Banker Commercial Devonshire Realty (217) 547-6650
Listing date Sep 10, 2025
Source Cbcworldwide
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All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial Devonshire Realty
HighLights
- Class A freestanding office facility with high‑end finishes and thoughtfully designed spaces.
- Convenient location off S. 6th St with high visibility (12,400 AADT) and easy access to Interstate 55 & 72.
- Potential tax exemption on building materials and abatement on City of Springfield property taxes due to Enterprise Zone status.
- Previously home to the State Government for three decades, ideal for institutional entities or large‑scale end‑users.
- Fully operational wet sprinkler system, robust 450 AMP 3‑Phase electric supply, and 7’ X 7’ roll‑up door.
- Serene park‑like setting shared with the Illinois Department of Human Services.
Overview
This Class A freestanding office facility, located south of Downtown Springfield, offers a blend of timeless elegance and contemporary convenience. Originally constructed in 1965, the property underwent extensive renovations in 1994 and 2008, including a major addition in 2008. The property features high-end finishes and thoughtfully designed spaces, accommodating a dynamic workforce with private offices, spacious conference rooms, break areas, and ample open workspaces. Previously home to the State Government for three decades, this location is suited for another institutional entity or a large-scale end-user. The property is situated in a serene park-like setting shared with the Illinois Department of Human Services. Located just off S. 6th St, with an AADT of 12,400, the property has excellent visibility and accessibility. Interstate 55 & 72 are minutes away, ensuring connectivity to regional hubs. It is also near the Springfield Clinic Main Campus and historic landmarks like The Governor’s Mansion and Lincoln Home National Historic Site. The property includes a fully operational wet sprinkler system, a 450 AMP 3-Phase electric supply, and a 7’ X 7’ roll-up door for shipping and receiving. The property is in an Enterprise Zone and qualifies for a tax exemption on building materials for future construction, remodel, or rehabilitation, and abatement on the City of Springfield’s portion of the property taxes. The property size is 36631 square feet and it sits on 2.39 acres.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Office buildings
Location Insight
- Map
- Local Demand
- City
- Springfield
- County
- Sangamon
- State
- Illinois
- Longitude
- -89.6633
- Latitude
- 39.7786
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - Exceptional Class A office building with high-end finishes and modern amenities.
Where is this office building located?
The property is located at 740 E Ash St. Springfield, IL.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Class A freestanding office facility with high‑end finishes and thoughtfully designed spaces.; Convenient location off S. 6th St with high visibility (12,400 AADT) and easy access to Interstate 55 & 72.; Potential tax exemption on building materials and abatement on City of Springfield property taxes due to Enterprise Zone status.
