Medical Premises

Springfield, IL Medical Office Space for Sale

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Medical Office with Exam Rooms
Updated: Sep 30
Medical Office with Exam Rooms

2828 S MACARTHUR Boulevard, Springfield, IL 62704

$189,900
0.26 AC lot
Multiple offices and exam rooms, with separate reception and waiting areas
Includes grooming, surgery, and laboratory rooms, plus two kennel rooms
Many freestanding walls can be repositioned for alternate office layouts
B‑3 zoning
Built in 1955; central air conditioning and hot‑water heat
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Medical Office Building with Available Suites
Updated: Jan 1
Medical Office Building with Available Suites

2524 FARRAGUT Drive, Springfield, IL 62704

$1,200,000
1.00 AC lot
Front 12,000 SF has a new roof and HVAC system
Medical and professional office building with available suites
Partially leased configuration
Basement storage area
1‑acre property at 2524 Farragut Drive, Springfield, IL 62704
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Fully Leased Office Building
Fully Leased Office Building

1224 Centre W Drive, Springfield, IL 62704

$875,000

Westside office property with a professional tenant roster and convenient access near Veterans Pkwy.

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See hot listings in Springfield

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 Active listings in Springfield, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Renovated Medical Center
Renovated Medical Center

1325 KOESTER DR, Forsyth, IL 62535

Contact for pricing
4,856 sqft 0.46 AC lot

Net-leased urgent care facility with recent improvements and a long-term lease structure.

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Medical Office Space For Sale
Medical Office Space For Sale

845 S Route 51, Forsyth, IL 62535

$1,499,000
7,200 sqft 1.28 AC lot

7200 SF medical office on 1.28 acres, Forsyth, Illinois.

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Medical Office Building For Sale
Medical Office Building For Sale

675 E Snyder Dr, Decatur, IL 62526

$559,000
3,224 sqft 0.35 AC lot

Custom-built medical office in central business district, suitable for owner-occupancy.

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Medical Office and Office Building
Medical Office and Office Building

1501 N Water St, Decatur, IL 62526

$250,000

Updated HVAC and roof support a versatile medical or office layout with multiple entrances and exam rooms.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

28.79-Acre Commercial Land
28.79-Acre Commercial Land

W WABASH Avenue, Springfield, IL 62711

$7,900,000
28.79 AC lot

Commercially zoned land with substantial acreage and nearby corporate, residential, automotive, and financial businesses.

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Off-Market Properties in Springfield, IL

Consider similar Off-Market properties in Springfield, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

2524 Farragut Dr
Medical Office Space

2524 Farragut Dr, Springfield, IL 62704

Estimated value: by Request
18,000 sqft
View details
2524 Farragut Dr
Medical Office Space

2524 Farragut Dr, Springfield, IL 62704

Estimated value: by Request
18,000 sqft
View details

Springfield, IL Medical Office Space Market Trends and Statistics

Explore 6 medical office space for sale in Springfield, IL, showcased through 3 active listings on our real estate platform.

Sale prices for medical spaces in Springfield, IL start at $189,900, averaging $754,966, and reaching up to $1,200,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Office Units 102
Office buildings 54
Medical Office Space 20
Coworking space 3

Demographics Overview

Population 138K
Population Growth (5Y) +1.9%
Median Household Income $70,314
College Educated 9.5%

High-Yield Neighborhoods for Investment

Identify Springfield submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
62704 $755K

Taxes & Financing

Tax Rate (average for all types) 8.64%
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Sangamon County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Springfield fall within the 100,000+ square foot range.

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