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400 S 9TH Street #SE corner-2nd floor, Springfield, IL 62703

Class A office space for rent near county courthouse.

Space Size4,535 SF
Days on Market922

Property Features for 400 S 9TH Street #SE corner-2nd floor

General Information

Standard status Active
Size 4,535 SF
Property subtype Office
Lease Type Gross

Building Details

Building Size 4,535 SF
Tenancy Single

Spaces For Lease

at 400 S 9TH Street #SE corner-2nd floor Contact us

SE corner-2nd floor

Size
4,535 SF
Type
Office
Lease Type
Gross
Availability
Active
Contact us
Listing Agency: The Real Estate Group Inc
Listed By: Curtis Tillett · License #475089421
Source: Crexi
Added: Feb 11, 2024 Changed: Aug 20 Last Checked: Aug 21 at 4:09AM

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 The Real Estate Group Inc

Investment Insights

Based on property information with market context.

Located just south of the county courthouse, this two-story, Class A office building offers 1,754 USF of space available on the 2nd floor. On-site parking is available to the south of the building. Current tenants include Hinshaw & Culbertson, Children’s Advocacy Center, Stange Law Firm, Quinn, Johnston, Henderson, Preorious & Cerulo, and the State of IL.

Key Highlights

  • Class A office building.
  • Professional two‑story building.
  • Located just south of the county courthouse.

Property Analytics

Current Use

Springfield, Illinois Divorce ... Consultant Stange Law Firm, ... Law Firm Quinn Johnston Law Firm HSHS St. John's ... Medical Clinic HSHS womens and childrens ... Medical Clinic

Suggested Use

Top Pick Real Estate Agency Kitchen & Bath Showroom Big Box & Wholesale Store Storage Facility Auto Parts Store HVAC Service

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
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,962
Businesses Nearby

Demographics for 62703, IL

28,344
Population
14,320
Households
2
Avg Household Size
37
Median Age
21%
College-Educated
85%
High-School Grad
14.9 sq mi
ZIP Area
1,902
Density / Sq Mi
$44,580
Median Household Income
$36,345
Median Earnings
$971
Median Rent
$93,100
Median Home Value

Market

Lease Benchmarks for Springfield, IL

$40.65 /SF/Yr
Avg Asking Price
$6.5–$150 /SF/Yr
Price Range
2,527 SF
Avg Space Size

This space is priced 63% below the average of $40.65 /SF/Yr.

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Class A office space for rent near county courthouse.
Where is this office units located?
The property is located at 400 S 9TH Street #SE corner-2nd floor Springfield, IL.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Class A office building.; Professional two‑story building.; Located just south of the county courthouse.
(217) 553-7022 Call to check price and availability
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