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Updated Brick Office Building
For Sale
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741 S Grand Ave W, Springfield, IL 62704

Standalone office property with flexible room layout, accessible first-floor features, and on-site parking.

Property SizeContact for details
Days on Market145

Property Features for 741 S Grand Ave W

General Information

Standard status Active
Total Parking Spaces 10
Property subtype Office

Amenities

conference space with fireplace
coffee bar
file room
ADA ramp
accessible restroom

Building Details

Buildings 1
Construction brick
Listing Agency: Todd P Smith Real Estate Inc
Listed By: Todd Smith · License #IL 471004523
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 7:17PM

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

Investment Insights

Based on property information with market context.

This standalone brick office building has been updated and arranged across three levels. The first floor includes a reception area, conference room with fireplace, two private offices, coffee bar, file room, ADA ramp, and accessible restroom. Three additional offices are located upstairs, while a bonus room occupies the third floor. Ten on-site parking spaces serve the property.

Positioned at 741 S Grand Ave W in Springfield, the building sits along an east-west corridor between MacArthur Blvd and Walnut St. The surrounding mixed-use area includes businesses, restaurants, retail, residential neighborhoods, and Washington Park. The property also has signage exposure to approximately 12,500 cars per day.

Key Highlights

  • Standalone updated brick office building across three levels
  • First‑floor layout includes reception, conference room, two private offices, coffee bar, and file room
  • Three additional offices on the upper level plus a third‑floor bonus room

Property Analytics

Current Use

Rammelkamp Bradney Law Firm Byers Ryan Law Firm

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Auto Parts Store Grocery & Convenience Store Computer & Electronic Repair

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

Location Intelligence

Trade Area within ½ mile

1,681
Businesses Nearby

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

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 building - Standalone office property with flexible room layout, accessible first-floor features, and on-site parking.
Where is this office building located?
The property is located at 741 S Grand Ave W Springfield, IL.
What are key features of this property?
This property features: Standalone updated brick office building across three levels; First‑floor layout includes reception, conference room, two private offices, coffee bar, and file room; Three additional offices on the upper level plus a third‑floor bonus room
(217) 553-5439 Call to check price and availability
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