Sangamon County Retail

3040 Hamlin Pkwy - Unit A/C Springfield, IL formerly owned by a church
Sep 15
15,950
sqft
Industrial Office Retail Other
3351 S 6th St - 4 Spaces Springfield, IL NNN charges: $3.00 per sqft
Sep 07
1,070 - 1,740
sqft
Office Retail
3700 Wabash Ave - Space Springfield, IL This listing is a nnn lease.
Sep 06
20,500
sqft
Industrial Retail
1001 Jason Pl - Unit 1073 Chatham, IL NNN expenses: $3.50 per sqft
Sep 06
2,390
sqft
Retail
2403 S MacArthur Blvd - Space Springfield, IL Onsite Parking.
Jul 31
1,000
sqft
Retail

Sangamon County

Market Report

Number of Listings
Posted in the last 90 days
10
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
2,000

Sangamon County Rates

The typical asking rate per listing is in the $10's per square foot per year. The Sangamon County region is experiencing a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 7% decrease in rent.

Sangamon County Listing Supply

In the last 90 days, 328 listings have come on the market, so you'll want to check back regularly for new listings. About 13% of the available space in the Sangamon County are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,000 sqft. Most properties in this market are close to 2 stories. Most buildings in this area were built in 1989 and are Class A.

Sangamon County Community

Market Data

Real time and historical data on commercial real estate listings in Sangamon County.
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