Springfield, IL Office Units for Lease
- Chatham, IL
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Springfield, IL Office Units Lease Rates & Market Statistics
Explore 114 Office Units for lease in Springfield, IL on Realmo, a commercial real estate exchange covering the Springfield area. The current inventory totals 250,964 square feet of properties — an average of ~2,200 SF per listing.
Asking lease rates for Office Units in Springfield start at $6.50 SF/Yr, average $11.50 SF/Yr, and reach $13.50 SF/Yr at the top of the market. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. The local average of $11.50 SF/Yr is 51% below the Illinois state average of $23.42 SF/Yr.
Springfield accounts for 90% of the 127 office units currently available across Sangamon County, where nearby markets include Arlington Heights and Westchester. Office Units make up 89% of the 128 Office Spaces currently for lease in Springfield, with asking rates in line with the citywide Office Spaces average. Also worth a look for tenants weighing alternatives: Medical Office Space (13 listings) and Office buildings (10 listings) elsewhere in the Springfield market.
