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    600 4Th St Springfield, IL 62703

    For Lease
    $20 SF/Yr

    750 sq ft Office, Prime Location

    Lot size:
    750 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 750-square-foot office space is ideally situated in the heart of downtown Springfield, Illinois. Located on South 4th Street, near the intersection with Edwards Street, this single-tenant property offers a convenient and prestigious address. The building features one elevator for easy access. The office itself boasts two private offices, a dedicated conference room, and a shared break/work area, providing ample space for a variety of professional uses. The space is perfect for a small business or professional practice, such as a lobbying firm, law office, architectural firm, or professional association. One assigned parking space is included, adding to the convenience. Its central location places it within easy walking distance of the State Capitol building, numerous banks, a variety of restaurants, and ample shopping opportunities. The property is zoned H-2 and has a Sangamon County APN of 14-34.0-158-001. This first-floor office presents a rare opportunity to establish a presence in a vibrant and highly accessible downtown area. The building consists of a single suite within a single building. Don't miss this chance to secure this well-appointed and conveniently located office space.

    Property Features for 600 4Th St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    750 SF

    Building Details

    Buildings
    1

    Unit(s) available at that property

    Space
    Size
    750 SF
    Rate per SF
    $20

    HighLights

    • 750 square feet of vacant office space.
    • Single‑tenant occupancy.
    • Located in downtown Springfield, Illinois.
    • One assigned parking space included.
    • Features private offices, conference room, and shared workspace.
    • Excellent location near the State Capitol, banks, restaurants, and shopping.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Service Employees International ... Labor Union SEIU Illinois Council Labor Union

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Sangamon
    State
    Illinois
    Longitude
    -89.650886151074
    Latitude
    39.79605315074

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    FAQs

    What type of property is this?
    Office Property / Space - 750 sq ft Office, Prime Location
    Where is this office property / space located?
    The property is located at 600 4Th St Springfield, IL.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: 750 square feet of vacant office space.; Single-tenant occupancy.; Located in downtown Springfield, Illinois.
    Request Owner's contact information
    600 4Th St Springfield, IL 62703
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    Springfield, IL 62703
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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
    600 4Th St Springfield, IL 62703
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