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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

2719 Monroe St Springfield, IL 62704

25,200 SF Built 1971
Property ID
Property summary
AI-generated overview

This 25,200 square foot, single-story retail and office building, constructed in 1971, offers 2,850 square feet of immediately available space. Located at 2719 W Monroe St, Springfield, IL 62704 (just east of Veterans Parkway), this property boasts high visibility due to its location on a heavily traveled corridor. The building features ample parking in front and rear, a pylon sign, and a freshly painted interior and exterior. The mostly open floor plan includes three offices and a kitchenette. A unique feature is the attached greenhouse with direct double-door access. Additional access is provided by a rear double steel door. The S-2 zoning (City of Springfield) allows for a variety of uses. This Sangamon County property presents a fantastic opportunity for businesses seeking a prominent location with excellent accessibility.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1971
Total area 25,200 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Manpower Employment Agency
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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