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    400 B, Unit 204 Springfield, IL 62704

    Sponsored
    For Lease
    Contact for pricing

    COMMERCIAL - Springfield, IL

    Days on Market:
    306
    Last Refresh:
    Jan 6 at 6:06 pm

    Property Features for 400 B

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    APN
    14330207022
    Parking
    4

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Hot Water(Heating), Forced Air, Zoned
    Cooling system
    Central Air, Multi Units

    Building Details

    Year built
    1989
    Floors in Building
    4
    Flooring type
    Concrete, Carpet
    Building materials
    Brick, Steel Frame, Aluminum Siding
    Roof type
    Membrane

    The Real Estate Group, Inc. (217) 787-7000 [email protected]

    Listing agent Tom Frost

    Listing date Mar 7, 2025

    Copyright © 2025 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Springfield Office Space For Rent

    This 1,638 square foot office space is located on the 2nd floor. The layout includes three private offices, two of which have windows. There is potential to create a fourth private office while still maintaining ample open space suitable for a receiving area or cubicles. Common handicapped accessible restrooms are located just outside the back door of the suite. The lease is gross, with the tenant's only additional ongoing expense being communications (internet/phone). The building is a Class A structure equipped with a monitored wet sprinkler system. It features brick and steel I-beam construction on the exterior, combined with metal stud interior walls. On-site parking is available for 175 vehicles in assigned spaces. All floors are accessible via two elevators, in addition to three stairways, two of which lead directly from the parking area under the building's cover. Commercial heating and cooling plants serve the 2nd floor, separate from the 3rd and 4th floors.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Map

    City
    Springfield
    County
    Sangamon
    State
    Illinois
    Longitude
    -89.65905
    Latitude
    39.799285

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    FAQs

    What type of property is this?
    Office space - 1,638 SF office space available for lease in Springfield.
    Where is this office space located?
    The property is located at 400 B, Unit 204 Springfield, IL.
    What are key features of this property?
    This property features: - Gross lease with communications (internet/phone) as the only additional expense.; - Class A building with on-site parking for 175 vehicles.; - **1,638 square foot office space featuring three private offices (two with windows) and potential for a fourth.**
    (217) 787-7000
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    400 B, Unit 204 Springfield, IL 62704
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    Springfield, IL 62704
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    400 B, Unit 204 Springfield, IL 62704
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