Springfield, IL Commercial Real Estate for Rent and Sale

Search 69 commercial real estate listings in Springfield, IL and find helpful local stats in the Market Overview section below.

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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PREMIUM DEVELOPMENT LOT FOR SALE

S MacArthur Blvd & W Stanford Ave, Washington Knolls, Springfield, IL
Property

VacantLand
For Sale

$2,328,000
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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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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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Looking for more specific results? Choose your preferred property type

Office Coworking Retail Industrial

Office Retail Land
6410 S 6th Street Frontage Rd E

6410 S 6th Street Frontage Rd E, Country Place, Springfield, IL
Property

Other
For Sale

$47,500
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5221 S 6th Street Frontage Rd E

5221 S 6th Street Frontage Rd E, Deerwood Lake, Springfield, IL
Property

Office
Availability

2 Spaces

1,305 SF
For Lease

$600.00 - $750.00/SF/MO
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3120 S 6th St

3120 S 6th St, Cabbage Patch, Springfield, IL
Property

Retail

1,747 SF
Availability

1 Space

1,747 SF
For Lease

$16.50/SF/YR
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2701 W Lawrence Ave

2701 W Lawrence Ave, Oaks, Springfield, IL
Property

Retail

10,784 SF
Availability

1 Space

1,800 SF
For Lease Contact for pricing
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Mathers Rd. Commercial Development Land

2800 Mathers Rd, Panther Creek Country Club, Springfield, IL
Property

VacantLand
For Sale

$3,990,000
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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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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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2301 West Monroe Street

2301 West Monroe Street, Oaks, Springfield, IL
Property

Retail

6,728 SF
Availability

1 Space

1,329 SF
For Lease

$22.00/SF/YR
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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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2919 S. Sixth St.

2919 S. Sixth St., Southern View, Springfield, IL
Property

Retail

5,394 SF
Availability

1 Space

2,574 SF
For Lease Contact for pricing
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100 Chatham Rd.

100 Chatham Rd., Oaks, Springfield, IL
Property

Retail

6,311 SF
Availability

1 Space

1,400 SF
For Lease Contact for pricing
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DEVELOPMENT OPPORTUNITY NEAR INTERSTATE 55 & 72 FOR SALE

3240 Horizon Dr, Glen Aire, Springfield, IL
Property

Retail
For Sale

$225,000
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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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1802 N. Grand Ave.

1802 N. Grand Ave., Pillsbury, Springfield, IL
Property

Retail

3,985 SF
Availability

1 Space

3,985 SF
For Lease Contact for pricing
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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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Vacant land cr 4

Vacant land cr 4, Panther Creek Country Club, Elkhart, IN
Property

VacantLand
For Sale

$286,300
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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 34 330,621 Sq. Ft.

Office 17 137,474 Sq. Ft.

Industrial 1 55,000 Sq. Ft.

CRE for Rent in Springfield, IL by Use Type

Office

26.28%

Retail

63.20%

Industrial

10.51%

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 — 6 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 Vinegar Hill.

Top Locations for CRE Listings in Springfield, IL

Neighborhood with most CRE Listings No. of Spaces

Westchester 10

West Koke Mill 6

Twin Lakes 5

Top Locations for Office Listings in Springfield, IL

Neighborhood with most Office Listings No. of Spaces

Vinegar Hill 3

Deerwood Lake 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 6

Twin Lakes 4

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 259,371 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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