Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Hospital Children's Hospital
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Medical Clinic
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Medical Clinic
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Physician
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Employment Agency
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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