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Property profile & analytics

2524 Farragut Dr Springfield, IL 62704

  • Office Properties & Spaces
  • 18,000 SF
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • OSF Children's Hospital of Illinois / Children'S Hospital / Hospital
  • OSF Children's Hospital of Illinois - Congenital Heart Center / Medical Center / Cardiologist
  • OSF Children's Hospital of Illinois - Pediatric Surgery Center / Medical Center / Medical Clinic
  • Prairie Speech & Language / Speech Pathologist
  • Pettit Tamara / Nursing Agency

Property Details for 2524 Farragut Dr

Property size
18,000 SF
Property type
Office Properties & Spaces
Property subtype
Medical offices

Description

This Springfield, IL, single-story, 18,000-square-foot medical/traditional office building at 2524 Farragut Dr, zip code 62704, offers multiple suites ranging from 2,800 to 11,300 contiguous square feet. Currently, 11,300 square feet are vacant, divisible into three available spaces. The building features rear staff entrances and a partial basement for storage. Suite A provides general office space with private offices, reception, conference room, break room, and open areas. Suites B and C are designed for medical use, including exam rooms, nurses' stations, private offices, and x-ray/lab space. Suite C boasts a unique executive suite with a fireplace, conference room, bathroom with steam shower and sauna, a single-car garage, and a separate entrance. An adjacent office area includes four small offices, reception, work areas, a break room, and two restrooms. Suites A, B, and C are adaptable to various needs, offering the flexibility to combine or divide spaces. The property is zoned R-5a in Sangamon County and has no elevators. This is an exceptional opportunity for businesses seeking flexible and well-appointed office space in a convenient Springfield location.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

  • Map
  • Local Demand
City
Springfield
County
Sangamon
State
Illinois
Longitude
-89.6969
Latitude
39.7952
More about this property
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