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Springfield Office Building For Sale
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949 Clocktower Dr, Springfield, IL 62704

Strategically located office building in Springfield's Clocktower Drive commercial corridor.

Property Size10,500 SF
Price / SF$123.81
Days on Market198

Property Features for 949 Clocktower Dr

General Information

Standard status Active
Size 10,500 SF
Property subtype Office
Investment Type Owner/User

Building Details

Buildings 1
Stories 1
Listing Agency: Hurwitz Enterprises
Listed By: Michael Hurwitz · License #IL
Source: Crexi
Added: Feb 3 Changed: Aug 12 Last Checked: Aug 19 at 8:36PM

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 Hurwitz Enterprises

Investment Insights

Based on property information with market context.

The property at 949 Clocktower Drive is located on Springfield’s west side within the established Clocktower Drive commercial corridor, situated just off Veterans Parkway (IL Route 4), a primary north-south thoroughfare. The location offers strong visibility and easy access, benefiting from its proximity to a heavily traveled route. The surrounding area includes a mix of office, service, and light commercial users, creating a stable business environment suitable for owner-users. Downtown Springfield and the Illinois State Capitol complex are approximately 10 minutes east, providing connectivity to major employment centers, government offices, and medical facilities. The property is also positioned to serve Springfield’s west and southwest residential areas. The property size is 10500 square feet.

Key Highlights

  • Strategic location on Springfield’s west side, off Veterans Parkway (IL Route 4).
  • Strong visibility and easy access.
  • Proximity to a heavily traveled route.

Property Analytics

Current Use

The Ledge Accounting Firm Absolut Aesthetics & Wellness ... Skin Care Clinic

Suggested Use

Top Pick Restaurant Building Supply Auto Repair Shop Big Box & Wholesale Store Auto Parts Store HVAC Service

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

1,093
Businesses Nearby

Demographics for 62704, IL

39,157
Population
20,706
Households
1.9
Avg Household Size
40
Median Age
42%
College-Educated
95%
High-School Grad
12.2 sq mi
ZIP Area
3,210
Density / Sq Mi
$66,352
Median Household Income
$44,793
Median Earnings
$924
Median Rent
$166,900
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
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Frequently Asked Questions

What type of property is this?
Office building - Strategically located office building in Springfield's Clocktower Drive commercial corridor.
Where is this office building located?
The property is located at 949 Clocktower Dr Springfield, IL.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Strategic location on Springfield’s west side, off Veterans Parkway (IL Route 4).; Strong visibility and easy access.; Proximity to a heavily traveled route.
More about this property
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