Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    3201 Iles Ave Springfield, IL 62711

    Sponsored
    For Lease
    Contact for pricing

    Prime Springfield retail space, ample parking.

    Lot size:
    38,172 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Springfield retail strip center, located at 3201 W. Iles Ave., presents a compelling leasing opportunity for discerning businesses. The property encompasses 38,172 square feet, offering multiple suites ranging from 1,523 to 2,380 contiguous square feet, with a total of four suites. Currently, 7,952 square feet are available for lease. The property sits on a generous 5.07-acre lot and boasts ample parking to ensure customer convenience. Its strategic location within a bustling commercial hub in Sangamon County provides high visibility and easy access for customers. The modern building features expansive storefronts designed to maximize brand exposure and attract foot traffic. The adaptable interior spaces allow for efficient floor planning and customization to suit a variety of retail or commercial uses. The surrounding area is vibrant, with a mix of local shops, restaurants, and recreational facilities, including proximity to Washington Park Botanical Garden and the Abraham Lincoln Presidential Library and Museum, contributing to a strong community atmosphere and consistent foot traffic. This property offers an unparalleled chance to establish a thriving business in a high-demand location. The flexible layout and modern amenities make it an ideal choice for businesses seeking a prominent and adaptable space to engage their target audience and establish a strong presence in the Springfield market.

    Property Features for 3201 Iles Ave

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    38,172 SF

    Unit(s) available at that property

    Space
    3263
    Size
    2,380 SF
    Space
    3251
    Size
    2,359 SF
    Space
    3227B
    Size
    1,523 SF
    Space
    3214
    Size
    1,690 SF
    Space
    3227A
    Size
    1,266 SF

    HighLights

    • 38,172 SF retail strip center in Sangamon County.
    • Five available spaces ranging from 1,266 SF to 2,380 SF.
    • 7,952 SF of vacant space available.
    • Ample parking.
    • 5.07‑acre lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Western Union Money Transfer Service Dollar General Dollar Store American Family Car ... Commercial Agent

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Sangamon
    State
    Illinois
    Longitude
    -89.71645607
    Latitude
    39.77127771

    Nearby Similar for Lease

    • Contact for pricing

      Office Space in Westchester, IL

      Office space available for rent in Westchester, Illinois.
      9825 W Roosevelt Rd, Westchester, IL 60154
      View Details
    • Contact for pricing

      Office Space in Westchester, IL

      Office space available for rent in Westchester, Illinois.
      9825 W Roosevelt Rd, Westchester, IL 60154
      View Details
    • Contact for pricing

      Updated Office Space Available

      Updated office space with utilities included and 24-hour security.
      9825 W Roosevelt Rd, Westchester, IL 60154
      View Details
    • Contact for pricing

      Springfield Commercial Space For Lease

      Office, retail, or warehouse space available in Springfield, Illinois.
      3001 W White Oaks Dr, Springfield, IL 62704
      View Details
    • Contact for pricing
      47,045 SF

      Class A Office Space

      Office space available for rent in Springfield, Illinois.
      2451 W Monroe St, Springfield, IL 62704
      View Details
    • Contact for pricing
      25,700 SF

      Downtown Springfield Office Space Available

      Over 11,000 SF of well-kept office space for lease.
      110 W Lawrence Ave, Springfield, IL 62704
      View Details
    • Contact for pricing

      Commercial Space with Auto Potential

      2921 SF commercial space suitable for automotive or other businesses.
      3316 Robbins Rd, Springfield, IL 62711
      View Details
    • Contact for pricing
      10,019 SF

      Historic Springfield Restaurant Opportunity

      Landmark 7,000 sq ft building near Statehouse for lease.
      620 S 1St St, Springfield, IL 62704
      View Details
    • Contact for pricing
      55,321 SF

      Retail Space in Springfield, IL

      Retail space available for lease in Springfield, Illinois.
      3100 Walton Dr, Springfield, IL 62702
      View Details
    • Contact for pricing

      Retail Space Near Interstate

      Conveniently located retail space with ample parking and easy access.
      3050 Lindbergh Blvd, Springfield, IL 62704
      View Details
    • Contact for pricing
      69,696 SF

      Office Space Near LRS Complex

      Office space available for lease in Springfield, Illinois.
      2651 Farragut Dr, Springfield, IL 62704
      View Details
    • Contact for pricing
      54,886 SF

      Springfield Office Space For Rent

      Office space available for lease in Springfield, Illinois.
      2651 Farragut Dr, Springfield, IL 62704
      View Details

    FAQs

    What type of property is this?
    Neighborhood center - Prime Springfield retail space, ample parking.
    Where is this neighborhood center located?
    The property is located at 3201 Iles Ave Springfield, IL.
    What are key features of this property?
    This property features: 38,172 SF retail strip center in Sangamon County.; Five available spaces ranging from 1,266 SF to 2,380 SF.; 7,952 SF of vacant space available.
    Request Owner's contact information
    3201 Iles Ave Springfield, IL 62711
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3201 Iles Ave
    Springfield, IL 62711
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    3201 Iles Ave Springfield, IL 62711
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.