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    3130 Chatham Rd Springfield, IL 62704

    Sponsored
    For Lease
    $12 SF/Yr

    Versatile office space, prime location.

    Lot size:
    4,190 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This Springfield, IL property offers two exceptional office suites for lease, totaling 4,190 square feet. Suite C, a 1,442 sq ft in-line space, provides a flexible layout ideal for various businesses. Suite D, a 2,748 sq ft end-cap space, features an open office area, multiple private offices, two large rooms, and a dedicated data/IT room, enhanced by a 7'w x 9't overhead door. Both suites benefit from controlled access, ample parking (62 spaces), and high-speed fiber internet. The building, constructed in 1995 and renovated in 2019, is situated on a 2.12-acre lot with excellent visibility from Chatham Rd (AADT 13,900) and Wabash Ave (AADT 22,000). Its convenient location offers easy access to major highways (I-55 & I-72), White Oaks Mall, and Veterans Pkwy. The surrounding area boasts a mix of established businesses, including McDonald's, the US Postal Service, and prominent co-tenants such as Autism Therapy Group, the federal government, and Quest Diagnostics. The property is zoned B-1, Highway Business District (APN: 28-08.0-300-052). The landlord is open to tenant improvements. This Class B, single-story building presents a unique opportunity for businesses seeking a well-located, adaptable workspace in Springfield's thriving commercial sector.

    Property Features for 3130 Chatham Rd

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,190 SF
    Class
    B

    Building Details

    Year Built/Renovated
    1995/2019
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Suite C
    Size
    1,442 SF
    Rate per SF
    $12
    Space
    Suite D
    Size
    2,748 SF
    Rate per SF
    $12

    HighLights

    • High‑Visibility End‑Cap and In‑Line Retail Space
    • Excellent Central Location with High Traffic
    • Adaptable Floor Plan for Diverse Tenants
    • High‑Speed Fiber Internet Available
    • Secure Building with Controlled Access
    • Abundant On‑Site Parking
    Property Profile Location Intelligence

    Current Use by Public Records

    The Autism Therapy Group ... Mental Health Service Sangamon County County Government Office Autism Home Support ... Training Centre Breanne Clair Speech Pathologist

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -89.686700828943
    Latitude
    39.762258736322

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    FAQs

    What type of property is this?
    Office space - Versatile office space, prime location.
    Where is this office space located?
    The property is located at 3130 Chatham Rd Springfield, IL.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: High-Visibility End-Cap and In-Line Retail Space; Excellent Central Location with High Traffic; Adaptable Floor Plan for Diverse Tenants
    Request Owner's contact information
    3130 Chatham Rd 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
    3130 Chatham Rd Springfield, IL 62704
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