Single-Tenant Office
Illinois Department of Children & Family Services
1124 N Walnut St, Springfield, IL 62702
Listing Price: $2,155,270
Investment Overview
Marcus & Millichap is pleased to present 1124 N Walnut in Springfield, Illinois. The property is a 19,755 brick, single-story property that is home to the Administration Offices of the Department of Children and Family Services. The property was built in 1989 and has been home to state agencies since its erection. This site is used to intake children in need and has 24 hour on-site security.
The current owners are divesting the property as they move towards retirement. They maintain the property to high standards by having the roof, HVAC, and exterior of the property maintained regularly.
Springfield is the state capital of Illinois and the city's largest employer, making government leases quite attractive to buyers. The state is a stable tenant who rarely moves their offices and pays their rent on time.
Investment Highlights
- 100 Percent Occupied by the State of Illinois - Department of Children and Family Services
- Property is in Excellent Condition Due to Ongoing Preventive Maintenance
- Strong Historical Occupancy | Occupied By Illinois State Agencies Since Construction
- DCFS Renewed for Another Five Years in 2023 | 3.83 Years Remaining Term
- Springfield, Illinois State Capital, offers an Optimal Location for State Agencies, Ensuring Strong, Long-Term Tenant Retention
- Illinois Bonds Have Been Upgraded to A-
Exclusively Listed By
Financing By
Single-Tenant Office
Illinois Department of Children & Family Services
Listing Price: $2,155,270
Investment Highlights
- 100 Percent Occupied by the State of Illinois - Department of Children and Family Services
- Property is in Excellent Condition Due to Ongoing Preventive Maintenance
- Strong Historical Occupancy | Occupied By Illinois State Agencies Since Construction
- DCFS Renewed for Another Five Years in 2023 | 3.83 Years Remaining Term
- Springfield, Illinois State Capital, offers an Optimal Location for State Agencies, Ensuring Strong, Long-Term Tenant Retention
- Illinois Bonds Have Been Upgraded to A-
Investment Overview
Marcus & Millichap is pleased to present 1124 N Walnut in Springfield, Illinois. The property is a 19,755 brick, single-story property that is home to the Administration Offices of the Department of Children and Family Services. The property was built in 1989 and has been home to state agencies since its erection. This site is used to intake children in need and has 24 hour on-site security. The current owners are divesting the property as they move towards retirement. They maintain the property to high standards by having the roof, HVAC, and exterior of the property maintained regularly. Springfield is the state capital of Illinois and the city's largest employer, making government leases quite attractive to buyers. The state is a stable tenant who rarely moves their offices and pays their rent on time.
Exclusively Listed By
Financing By

