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427 MONROE Street 201, Springfield, IL 62701

Sangamon County

Key Facts

18,000Sq Ft
0.50Lot (acres)

Description

Great downtown location at the corner of 5th and Monroe. Second floor suite available with views of the Old State Capitol. Suite consists of a large open space with a small storage room. Agent owned.

Property Information

Property Type

Commercial Lease

Living Area

18,000 sq ft

Lot Size

0.50 acres

Zoning

S-3

Days on Market

449

MLS® Listing#

CA1035427

Property Features

Cooling

Central Air

Heating

Forced Air

Flooring

CarpetTile

Construction

BrickFrame

Roof

Membrane

Sewer

Public Sewer

Financial Details

HOA

Yes

Annual Taxes

$20,562

Parcel Number

14340107051

Directions

Northwest corner of 5th and Monroe

Affordability Calculator

$60,000

Estimated monthly payment

$1,597/mo

Principal $240,000 · Est. interest $334,821 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Springfield, IL

37
Median Days on Market
1,833
Median Sq Ft
$113
Median Price / Sq Ft
181
Active Listings

Market statistics compiled from active EXIT Realty® and MLS listings in Springfield, IL.

Location

Map showing the location of 427 MONROE Street 201, Springfield, IL 62701

Getting Around

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Points of Interest in Springfield, IL

Showing the Springfield area map.

Nearby Schools

  • Cathedral School

    School · 0.4 mi away

  • Springfield High School

    Secondary · 0.5 mi away

  • Lincoln Magnet School

    Secondary · 0.5 mi away

  • McClernand Elementary School

    Elementary · 0.7 mi away

  • Douglas School

    Secondary · 0.7 mi away

  • Graham Elementary School

    Elementary · 0.9 mi away

  • Trinity Lutheran School

    Elementary · 1.0 mi away

  • Feitshans Elementary School

    Elementary · 1.0 mi away

  • Siu School of Medicine

    School · 1.0 mi away

  • Enos Elementary School

    Elementary · 1.1 mi away

  • Springfield Learning Academy

    School · 1.1 mi away

  • Lawrence Education Center

    Secondary · 1.1 mi away

  • Dubois Elementary School

    Elementary · 1.2 mi away

  • Sacred Heart-Griffin High School

    Secondary · 1.3 mi away

  • St Joseph Church

    School · 1.3 mi away

  • Lanphier High School

    Secondary · 1.4 mi away

  • St. Patrick Catholic School

    School · 1.4 mi away

  • Iles Elementary School

    Elementary · 1.4 mi away

  • Blessed Sacrament School

    School · 1.4 mi away

  • St Agnes School

    School · 1.5 mi away

Commute Calculator

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Nearby Homes

Similar Homes Nearby

Similar Home Values

Comparable nearby listings and their asking prices.

AddressPriceBedsBathsSq Ft
828 S 2ND Street 101-A, Springfield, ILPrice on request24,000
2501 CHATHAM Road Suite 310, Springfield, ILPrice on request33,062
386 S Koke Mill Road H, Springfield, ILPrice on request12,500
3161 W WHITE OAKS Drive 203, Springfield, ILPrice on request52,500
3 N Old State Capitol Plaza, Springfield, ILPrice on request8,311
2509 W Iles Avenue, Springfield, ILPrice on request8,073

Moving Cost Estimate

EXIT Agents in Springfield

Listing Courtesy: The Real Estate Group, Inc. - Mobl: 217-553-7022

Presented by: Curtis D Tillett

Based on information submitted to the MLS GRID as of 2025-04-01. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by Capital Area Association of Realtors. MLS® Listing#CA1035427. © 2026EXIT Realty®. All rights reserved.