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Office Unit Near State Capitol
New
For Lease
$15 SF/Yr

Two Lawrence Sq, Springfield, IL 62704

Office space three blocks south of the Illinois State Capitol in Springfield.

Space Size3,000 SF
Days on Market2

Property Features for Two Lawrence Sq

General Information

Standard status Active
Size 3,000 SF
Class B
Property subtype Office - General Office

Additional Details

Space Use Office

Building Details

Building Size 3,000 SF

Spaces For Lease

at Two Lawrence Sq Contact us

Two Lawrence Sq $15/SF/Yr

Size
3,000 SF
Type
Office
Lease Type
Modified Gross
Availability
Immediate
Sublease
No
Renewal Option
Yes
Contact us
Listing Agency: Hurwitz Enterprises
Listed By: Michael Hurwitz
Source: Commercialcafe
Added: Sep 5 Last Checked: Sep 5 at 3:12PM

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.

This office unit at Two Lawrence Sq offers commercial workspace in Springfield, Illinois. The property is positioned three blocks south of the Illinois State Capitol, placing the office near a prominent state government destination.

The space includes ample parking and is located at 62704. Its central Springfield setting provides a practical address for office users seeking proximity to the Capitol and surrounding downtown-area activity.

Key Highlights

  • Three blocks south of the Illinois State Capitol
  • Located at Two Lawrence Sq, Springfield, IL 62704
  • Ample parking included

Property Analytics

Current Use

Office Units

Lease Details

NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

743
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

Lease Benchmarks for Springfield, IL

$8.75 /SF/Yr
Avg Asking Price
$6–$12.5 /SF/Yr
Price Range
3,989 SF
Avg Space Size

This space is priced 71% above the average of $8.75 /SF/Yr.

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 units - Office space three blocks south of the Illinois State Capitol in Springfield.
Where is this office units located?
The property is located at Two Lawrence Sq Springfield, IL.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Three blocks south of the Illinois State Capitol; Located at Two Lawrence Sq, Springfield, IL 62704; Ample parking included
More about this property
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