Downtown Springfield Office/Retail
For Sale
Contact for pricing
427 E Monroe, Springfield, IL 62701
Professional office building with ground level retail space and parking.
Property Size18,000 SF
Price / SF$33.33
Days on Market2888
Property Features for 427 E Monroe
General Information
Standard status
Active
Size
18,000 SF
Class
B
Property subtype
Office
Zoning
S-3
Occupancy
67%
Listing Agency:
The Real Estate Group Inc
(217) 553-7022
Listed By:
Curtis Tillett · License #IL 475089421
Source:
Crexi
Added: Sep 26, 2018
Changed: Aug 14
Last Checked: Aug 21 at 9:58PM
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.
This professional office building is situated in downtown Springfield and includes ground level retail space. The property features 12 parking spaces to the west. A basement is available for storage. The building's total size is 18000 square feet.
Key Highlights
- Prime downtown Springfield location.
- Professional office building with ground‑level retail space.
- Includes 12 parking spaces.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,522
Businesses Nearby
Explore this area
Business Placement
Demographics for 62701, IL
1,354
Population
832
Households
1.6
Avg Household Size
36
Median Age
35%
College-Educated
86%
High-School Grad
0.4 sq mi
ZIP Area
3,385
Density / Sq Mi
$32,444
Median Household Income
$31,472
Median Earnings
$667
Median Rent
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Professional office building with ground level retail space and parking.
Where is this office building located?
The property is located at 427 E Monroe Springfield, IL.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Prime downtown Springfield location.; Professional office building with ground‑level retail space.; Includes **12 parking spaces**.
