Springfield, IL Commercial Real Estate for Rent and Sale

Search 61 commercial real estate listings in Springfield, IL and find helpful local stats in the Market Overview section below.

U.S. Department of Agriculture

3500 Wabash Avenue, Westside Springfield, Springfield, IL
Property

Office

18,693 SF
Year Built

2011
For Sale

$3,180,000
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Freestanding Small-Box Property on a Hard Corner Location For Sale or Lease

920 E North Grand Ave, Pillsbury, Springfield, IL
Property

Retail

15,251 SF
Year Built

2001
For Sale

$1,200,000
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3130 Chatham Rd

3130 Chatham Rd, Westchester, Springfield, IL
Property

Office
Availability

1 Space

2,748 SF
For Lease

$12.95/SF/YR
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3201 W. Iles Ave.

3201 W. Iles Ave., West Koke Mill, Springfield, IL
Property

Retail

38,172 SF
Availability

6 Spaces

10,679 SF
For Lease Contact for pricing
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Looking for more specific results? Choose your preferred property type

Office Coworking Retail Industrial

Office Retail Land
2905 S 6th St

2905 S 6th St, Southern View, Springfield, IL
Property

VacantLand
Availability

1 Space

39,204 SF
For Lease Contact for pricing
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Illinois | 107,000 SF Value-Add Office | Strong Tenant History

1 W Old State Capitol Plz, Downtown Springfield, Springfield, IL
Property

Office

107,871 SF
For Sale Contact for pricing
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1320 S. MacArthur Blvd.

1320 S. MacArthur Blvd., Grand Central, Springfield, IL
Property

VacantLand
Availability

1 Space

120,734 SF
For Lease Contact for pricing
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3101 Constitution Dr

3101 Constitution Dr, Westside Springfield, Springfield, IL
Property

Office

4,239 SF
Availability

1 Space

4,239 SF
For Lease

$17.50/SF/YR
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1861 E Sangamon Ave

1861 E Sangamon Ave, Twin Lakes, Springfield, IL
Property

Retail
Availability

3 Spaces

22,275 SF
For Lease Contact for pricing
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920 South Spring Street
Office Services
920 South Spring Street, Springfield, IL
Services

Virtual Office

Meeting Room
Amenities

Catering

Complimentary coffee & tea

Free water

High-speed wifi

Parking

Printer

Projector

Receptionist/Secretarial services

TV/Monitor

White boards
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3050 Stevenson Dr

3050 Stevenson Dr, Laketown, Springfield, IL
Property

Retail

6,241 SF
Availability

1 Space

6,241 SF
Year Built

1992
For Lease

$14.00/SF/YR
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HIGH-TRAFFIC HARD CORNER LOT NEAR DOWNTOWN SPRINGFIELD

1420 S 6th St, Iles Park, Springfield, IL
Property

VacantLand
For Sale

$79,900
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Chatham Square

Chatham Square, Westchester, Springfield, IL
Property

Retail

116,445 SF
Availability

4 Spaces

25,216 SF
For Lease Contact for pricing
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Aldi & Eyemart Express at Parkway Pointe

3425 Freedom Dr, Westside Springfield, Springfield, IL
Property

Retail

24,500 SF
For Sale

$4,920,000
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Prime Commercial Opportunity with High Visibility and Incentives

1429 E Cook St, Pioneer Park - Mather And Wells, Springfield, IL
Property

Retail

7,706 SF
For Sale

$195,000
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1614 S. Macarthur Blvd.

1614 S. Macarthur Blvd., Grand Central, Springfield, IL
Property

Retail

7,116 SF
Availability

1 Space

5,491 SF
For Lease Contact for pricing
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2520 N Dirksen Pkwy

2520 N Dirksen Pkwy, Twin Lakes, Springfield, IL
Property

Retail

1,415 SF
Availability

1 Space

1,415 SF
Year Built

2004
For Lease

$15.00/SF/YR
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2925 S Meadowbrook Rd

2925 S Meadowbrook Rd, Westside Springfield, Springfield, IL
Property

Office

1,715 SF
Availability

1 Space

1,715 SF
Year Built

1997
For Lease

$19.00/SF/YR
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920 E North Grand Ave

920 E North Grand Ave, Pillsbury, Springfield, IL
Property

Retail

15,251 SF
Availability

1 Space

15,251 SF
Year Built

2001
For Lease

$9.00/SF/YR
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2601 Adlai Stevenson Dr

2601 Adlai Stevenson Dr, Glen Aire, Springfield, IL
Property

Retail

1,800 SF
Availability

1 Space

1,800 SF
Year Built

2004
For Lease

$10.67/SF/YR
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Commercial Real Estate Listings in Springfield, IL

The Springfield real estate market has a lot to offer. You will find that Retail space accounts for the largest share of CRE for rent opportunities on the local market. Meanwhile, Office space accounts for the second-largest share of listings on the market.

Springfield, IL Commercial Real Estate Listings for Rent

Type No. of Listings Space Available

Retail 30 358,109 Sq. Ft.

Office 18 184,705 Sq. Ft.

Industrial 1 55,000 Sq. Ft.

CRE for Rent in Springfield, IL by Use Type

Office

30.90%

Retail

59.90%

Industrial

9.20%

Top Locations for Commercial Space in Springfield, IL

Depending on the type of space that you’re looking for, different areas of Springfield may suit your needs differently. The city’s Westchester neighborhood has the highest concentration of CRE listings, offering 10 availabilities on the market. The West Koke Mill neighborhood is home to the second-largest number of leasing opportunities — 5 listing(s).

At the same time, it is worth noting that the concentration of one particular type of commercial real estate in an area is a good indication of the potential of that neighborhood or submarket. For example, if you want to rent an office, consider that you will find the largest concentration of opportunities in Downtown Springfield.

Top Locations for CRE Listings in Springfield, IL

Neighborhood with most CRE Listings No. of Spaces

Westchester 10

West Koke Mill 5

Downtown Springfield 4

Top Locations for Office Listings in Springfield, IL

Neighborhood with most Office Listings No. of Spaces

Downtown Springfield 4

Vinegar Hill 3

Westside Springfield 2

Areas with numerous industrial properties are also more likely to be well-connected logistically. The Oak Ridge area is the local Springfield submarket with the most listings for rent, at this time.

Retail properties can be both scattered and clustered, mostly depending on the use type and where it best fits in order to be close to the customers. In Springfield, you’ll find the most such opportunities for lease to be in Westchester.

Top Locations for Retail Listings in Springfield, IL

Neighborhood with most Retail Listings No. of Spaces

Westchester 9

West Koke Mill 5

Twin Lakes 3

Commercial Real Estate for Sale in Springfield, IL

If you’re looking to invest in real estate rather than to lease, the local real estate market also has something to offer. There are currently 272,599 square feet of commercial property for sale in Springfield. The largest investment opportunity on the local market offers 107,871 square feet of earning potential. If you are looking to buy a smaller property, consider that local listings for sale start at 1 square feet.

It’s worth noting that not all sale opportunities will have a price listed, but it is easy to reach out to the property representative for more information or to schedule a tour using the contact form or the contact details available on the listing page.

Mixed-Use and Green Commercial Real Estate in Springfield, IL

Mixed-use properties incorporate at least two different types of commercial real estate, which can present a series of advantages. The different real estate types in a mixed-use property can complement each other in ways that sustain mutual success. For instance, ground-floor retail spaces may benefit from the constant stream of office workers to and from the upper floors of the same building, as well as serve the surrounding community.

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