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Springfield Office Building For Sale
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1227 S 9th St, Springfield, IL 62703

Office building near downtown Springfield with expansion potential.

Property Size3,500 SF
Price / SF$85.43
Days on Market1537

Property Features for 1227 S 9th St

General Information

Standard status Active
Size 3,500 SF
Property subtype Office
Zoning B-1
Listing Agency: Keller Williams Capital
Listed By: James Skeeters · License #475097981
Source: Crexi
Added: Jun 8, 2022 Changed: Aug 21 Last Checked: May 19 at 8:57PM

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 Keller Williams Capital

Investment Insights

Based on property information with market context.

This Springfield office building, totaling 3500 square feet, is located just south of downtown Springfield, with proximity to I-55 and I-72. The property features a large concrete parking lot and offers room to expand. The building is mostly split in half and is currently occupied by a single tenant under a new 5-year lease. This property is positioned as an income-generating opportunity.

Key Highlights

  • New 5‑year lease with existing tenant provides immediate income.
  • Large concrete parking lot offers ample space.
  • Room to expand, presenting future development opportunities.

Property Analytics

Current Use

MedMark Treatment Centers ... Medical Clinic Springfield Treatment Center Medical Clinic

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Big Box & Wholesale Store Auto Parts Store Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

757
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

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
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Frequently Asked Questions

What type of property is this?
Office building - Office building near downtown Springfield with expansion potential.
Where is this office building located?
The property is located at 1227 S 9th St Springfield, IL.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: New 5‑year lease with existing tenant provides immediate income.; Large concrete parking lot offers ample space.; Room to expand, presenting future development opportunities.
(217) 971-6775 Call to check price and availability
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