Springfield, IL Commercial Real Estate

Search commercial property for lease or for sale and view the Market Overview section below for local stats and insights.

95 Listings

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$20.00/SF/YR
3051 Hollis Dr
3051 Hollis Dr, Westside Springfield, Springfield, IL
Space Type
Office
1 space

114,158 SF
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Price on request
Chatham Square
Chatham Square, Westchester, Springfield, IL
Space Type
Retail
5 spaces

1,500 - 17,325 SF
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$10.00/SF/YR
740 E Ash St
740 E Ash St, Harvard Park, Springfield, IL
Space Type
Office
1 space

36,631 SF
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$194,000
Flexible Use Commercial Site
300 N Grand Ave W, Oak Ridge, Springfield, IL
Property Type
Other
Built in 1999

5,000 SF
Are you looking to lease or to buy?

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For Sale

Premium commercial
properties, long-term value
Browse Properties
1 of 1
$125,000
Vacant Corner Lot
222 West Reynolds Street, Oak Ridge, Springfield, IL
Property Type
VacantLand
1 of 1
$184,000
Vacant Lots
108 West Mason Street, Oak Ridge, Springfield, IL
Property Type
VacantLand
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$20.00/SF/YR
2711 N Dirksen Pkwy
2711 N Dirksen Pkwy, Twin Lakes, Springfield, IL
Space Type
Retail
1 space

1,368 SF
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$750.00 - $1,200.00/SF/MO
900 Christopher Ln
900 Christopher Ln, Country Place, Springfield, IL
Space Type
Office
1 space

980 SF
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3 of 3
$550,000
Iconic Tudor Revival Style Office Building Near Capitol Complex and Medical Dist
615 S 2nd St, Vinegar Hill, Springfield, IL
Property Type
Office
Built in 1920

17,204 SF
1 of 1
$500.00 - $800.00/MO
917 Clock Tower Dr
917 Clock Tower Dr, Oaks, Springfield, IL
Space Type
Office
1 space

587 SF
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$12.50/SF/YR
3 N Old State Capitol Plaza
3 N Old State Capitol Plaza, Downtown Springfield, Springfield, IL
Space Type
Office
1 space

1,608 SF
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Price on request
1802 N. Grand Ave.
1802 N. Grand Ave., Pillsbury, Springfield, IL
Space Type
Retail
1 space

3,985 SF
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$525,000
Brinkerhoff Mansion
1500 North 5th Street, Lincoln Park, Springfield, IL
Property Type
Other
6,850 SF
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2 of 2
Price on request
1320 S. MacArthur Blvd.
1320 S. MacArthur Blvd., Grand Central, Springfield, IL
Space Type
Land
1 space

120,734 SF
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2 of 3

3 of 3
From $35/hour
$225/day

Office Services
Office Services
920 South Spring Street, Springfield, IL
Space Type
Meeting Rooms
Space for up to 20 people
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$11.00 - $26.67/SF/YR
217 E Monroe St
217 E Monroe St, Downtown Springfield, Springfield, IL
Space Type
Office
1 space

4,866 SF
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$24.00/SF/YR
3126 S Dirksen Pkwy
3126 S Dirksen Pkwy, Glen Aire, Springfield, IL
Space Type
Retail
1 space

2,405 SF
1 of 1
$47,500
6410 S 6th Street Frontage Rd E
6410 S 6th Street Frontage Rd E, Country Place, Springfield, IL
Property Type
Other
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Price on request
2701 W Lawrence Ave
2701 W Lawrence Ave, Oaks, Springfield, IL
Space Type
Retail
1 space

1,800 SF
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$12.95/SF/YR
615 W Jefferson St
615 W Jefferson St, Oak Ridge, Springfield, IL
Space Type
Retail
1 space

5,045 SF
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$595,000
2713 Stevenson Drive
2713 Adlai Stevenson Drive, Glen Aire, Springfield, IL
Property Type
Industrial
37,215 SF
1 of 1
$286,300
Vacant land cr 4
Vacant land cr 4, Panther Creek Country Club, Elkhart, IN
Property Type
VacantLand
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$7.00/SF/YR
2345 S MacArthur Blvd
2345 S MacArthur Blvd, Washington Knolls, Springfield, IL
Space Type
Office
1 space

8,000 SF
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$12.50/SF/YR
3 N Old State Capitol Plaza
3 North Old State Capitol Plaza, Downtown Springfield, Springfield, IL
Space Type
Office
1 space

1,098 SF
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$350.00 - $750.00/MO
1209 S 4th St
1209 S 4th St, Old Aristocracy Hill, Springfield, IL
Space Type
Office
1 space

350 SF
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$120,000
Flexible Office/Retail Opportunity at High-Visibility Medical District Corner
1200 N 5th St, Lincoln Park, Springfield, IL
Property Type
Office
Built in 1950

3,372 SF
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Price on request
2919 S. Sixth St.
2919 S. Sixth St., Southern View, Springfield, IL
Space Type
Retail
1 space

2,574 SF
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$8.80/SF/YR
4524 Industrial Ave
4524 Industrial Ave, Deerwood Lake, Springfield, IL
Space Type
Industrial
1 space

6,480 SF
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$12.00/SF/YR
1720 E Sangamon Ave
1720 E Sangamon Ave, Northgate, Springfield, IL
Space Type
Retail
1 space

3,200 SF
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$3,500,000
The Hickox Collection
631 S 4th St, Old Aristocracy Hill, Springfield, IL
Property Type
Multi-Family
Built in 1920

53,265 SF
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$9.50/SF/YR
Centre at 501 Suite B
501 East Capitol Avenue, Downtown Springfield, Springfield, IL
Space Type
Office
1 space

3,321 SF
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$240,000
Former Craft Brewery & Taproom Property Located in Downtown Springfield For Sale
406 E Adams St, Downtown Springfield, Springfield, IL
Property Type
Retail
Built in 1900

3,740 SF
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$525,000
2440 Colt Rd
2440 Colt Rd, Irisdale, Springfield, IL
Property Type
Industrial
6,504 SF
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Subject To Offer
31-Story, Full-Service Downtown Hotel
700 E Adams St, Downtown Springfield, Springfield, IL
Property Type
Other
374,200 SF
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$400.00 - $430.00/SF/MO
386 S Koke Mill Rd
386 S Koke Mill Rd, West Side Koke Mill, Springfield, IL
Space Type
Office
1 space

261 SF
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$3,200,000
Capital City
3101 - 3173 South Dirksen Parkway, Glen Aire, Springfield, IL
Property Type
Retail
Built in 1964

56,193 SF
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$750.00/MO
5221 S 6th Street Frontage Rd E
5221 S 6th Street Frontage Rd E, Deerwood Lake, Springfield, IL
Space Type
Office
1 space

660 SF
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$9.00/SF/YR
920 E North Grand Ave
920 E North Grand Ave, Pillsbury, Springfield, IL
Space Type
Retail
1 space

15,251 SF
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$299,000
Gateway Development Opportunity Between Downtown & the Medical District For Sale
301 N 5th St, Downtown Springfield, Springfield, IL
Property Type
VacantLand
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$14.50/SF/YR
1905 Montana Dr
1905 Montana Dr, Westwood Forum, Springfield, IL
Space Type
Office
1 space

1,334 SF

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The Springfield, IL Commercial Real Estate Market at a Glance

The commercial real estate market in Springfield, IL includes commercial property of all types. To put it in numbers, there are 733,900 square feet of commercial space in 84 commercial properties across the city. If you are not familiar with commercial real estate in Springfield, IL, below are a few essential aspects to consider in order to better understand the local market.

Commercial Space for Rent Opportunities in Springfield, IL

You can search 56 commercial real estate space listing(s) currently available for rent in Springfield, IL, which represents a total of 733,900 square feet. Leasing opportunities here include 15 office listing(s), 4 industrial and warehouse listing(s), 33 retail space listing(s), and more. Use the search filters at the top of the page and the interactive map to see location-specific advantages when looking for your next commercial space for lease in Springfield, IL. You can conveniently reach out for more in-depth information using the contact form available on each listing.

Springfield, IL Commercial Real Estate Listings for Rent

Property type No. of Listings Total Sq. Ft. Avg. Asking Rent

Office 24 188,896 N/A

Retail 26 850,158 $14.18

Industrial 8 111,492 N/A

Other 4 260,562 N/A

Looking to lease a particular type of commercial property? Visit our dedicated pages for office space for rent, retail spaces for lease, or warehouses for rent to view current listings and access more in-depth market stats.

What to Consider When Renting Commercial Real Estate in Springfield, IL

If you are somewhat new to this process, a good place to start would be our quick guide to the differences between commercial property types, and some essential terms to know. Once you get the general idea of what a certain kind of space can offer you, it is essential to clarify what to prioritize among your business needs relating to the workspace you need to occupy and the location where you need it to be.

Not all decision factors can be clear-cut search filters and property categories, so the next step after doing a listing search for the type of property you need should be to reach out to the real estate brokers, as they are best positioned to fill in the blanks and help you secure the best commercial space lease for your needs.

Commercial Real Estate for Sale in Springfield, IL

Those who are better served by owning instead of renting commercial property can also find options for sale here. Investment opportunities currently listed on the local market add up to a total of 38 commercial property for sale listing(s).

Depending on aspects such as location, market particularities, and property potential, office space can be transformed and adapted to accommodate a great variety of tenant businesses and institutions. Options of commercial real estate for sale in Springfield include 9 office building for sale listing(s).

If your investment strategy is focused on warehousing, logistics, or similar property types, you’ll find 4 industrial real estate for sale listing(s) currently marketed in Springfield.

Interested in retail property investment? The local market currently offers 5 retail space for sale listing(s), complete with essential listing details, property data, and broker contact information.

Springfield, IL Commercial Real Estate Listings for Sale

Property type No. of Listings Total Sq. Ft.

Office 9 188,896

Retail 5 850,158

Industrial 4 111,492

Other 20 1,447,646

Shopping for a certain type of commercial property? Visit our dedicated pages for office property for sale, retail space for sale, or industrial real estate for sale to see what local investment opportunities are currently listed.

Buying Commercial Property in Springfield, IL

When acquiring commercial property, you are likely to take into consideration some of the same factors that go into choosing a space to rent: location, size, configuration, the condition of the property, and costs. However, some aspects might be more relevant to consider when looking to buy property, such as: the zoning and what property improvements or transformations it allows; how flexible the property is in terms of repositioning or adaptive reuse improvements (some configurations lend themselves to transformation more easily than others); and what equity potential the investment might have.

Additionally, it is highly recommended that you enlist the expertise of professionals who are knowledgeable not only in the complexities of property acquisitions, but also in the untapped investment potential in their local markets.

Where You Are Most Likely to Find Commercial Space in Springfield, IL

The best areas of the market may vary depending on the type of commercial real estate you are interested in, either for rent or for sale. For instance, while office properties and retail space are often located relatively close to each other, some industrial real estate tends to be zoned separately.

In Springfield, IL, you will find the highest number of commercial property for rent or for sale listings in the Downtown Springfield neighborhood. Searching by different property types, you’ll find that the Downtown Springfield neighborhood currently offers the highest number of office space opportunities. Meanwhile, you’ll find the highest number of local retail for rent or investment listings in the Westside Springfield neighborhood. Industrial opportunities on the local market are mostly concentrated in the Irisdale neighborhood.

Find Commercial Real Estate Near Me

Whether you are looking to rent or to buy, you can easily find the right commercial space in your preferred location, with PropertyShark. Our interactive map navigation modes include the possibility to bring up listings in the area of your current map view, as well as the option to draw a polygon to determine an exact search area, and a radius tool with which you can search for listings around a particular point of interest. Reach out to property representatives to schedule a tour or request more information, using the quick contact tool available with each listing search result.