Rare Downtown Investment Opportunity grossing $91,000 annually. Own a piece of historic Springfield with this meticulously maintained mixed-use property located right on Old State Capitol Plaze. The main floor features a commercial office with long term lease already in place through 2028 featuring 5 offices, a conference room and reception area. Upstairs, discover two beautifully updated, fully furnished residential units. Both apartments currently operate as high-performing short-term rentals with a proven, turnkey track record of impressive occupancy rates and exceptional cash flow. Situated steps away from the Old State Capitol, this property is ideal for a savvy investor looking to capitalize on a seamless, multi-stream revenue generator. Location, history, and verified profitability—all in one package.
These buildings are in good shape and are both fully leased. One to a restaurant and one to a nightclub. Your chance to own a part of historic downtown Springfield. Call the listing agent for details
12,500 SF +/- office or flex building with 3+ acres of underutilized land, a secure fenced-in yard, and ample on-site parking. The property was occupied by the State for several decades, and is well-suited for a large office user. The building could be repurposed for warehouse given its two 12’t x 10’w loading docks, 16’ clear heights, 400A, 120/240V, 3-ph electrical service, and wet fire sprinkler system. Recent improvements include a 40-gal water heater (2023) and three HVAC units (2023-2026). The property is on the north side of Springfield near the Fairgrounds, Downtown, and the major healthcare institutions (Memorial, HSHS, SIU Medicine). The property is in the Peoria Road TIF District and may qualify for City assistance. *One or more photo(s) were virtually staged.
6,400 sqft Red Iron structured warehouse sitting on a 4/acre lot ! Formally utilized as the Saturn car lot. (2)10 ft overhead doors and (2) man doors. Fully heated and center drain across the entire building. Disclaimer: One or more photos have been virtually staged.
Excellent highway interchange location with built in traffic from adjacent/nearby businesses. The site has frontage on Stevenson Drive with 15,600ADT. I-55 has 57,000ADT at this interchange. Highly visible +/- .56 acre lot located just off the Stevenson/Dirksen intersection, sitting east of Starbucks, and south of Steak N Shake, and Drury Hotel.
If you’ve been looking for a commercial property that’s already set up for, this one is worth a look. Located just east of Walnut Street, this two bay shop sits on two lots and offers a practical layout with plenty of room to operate. The main shop features 14-foot ceilings, two 12-foot overhead doors in front and an additional smaller overhead door in the rear. In addition to the shop, the property includes office space and a separate storage area, giving you room to handle the business side while keeping the shop space dedicated to the work. The two lots provide added flexibility for parking, vehicles, equipment or future needs. Whether you're expanding an existing operation or looking for a location to establish your own business, this property offers a versatile commercial setup in a convenient location. *One or more photo(s) have been virtually staged.
Excellent investment opportunity on highly visible Adlai Stevenson Drive! This well-maintained and extensively remodeled multi-use commercial property offers approximately 5,989 sq. ft. with multiple income-producing spaces already in place. The building features (3) separate office spaces plus (2) upper-level apartments with private exterior entrances—one 1-bedroom/1-bath unit and one 2-bedroom/1-bath unit. The majority of the property is currently leased, providing immediate rental income, while approx 1700sq. ft. remains available for an owner-user, additional tenant, office or other commercial use. The current owner has worked diligently to remodel and improve the property, creating an attractive and versatile building with numerous possibilities. Great opportunity for an investor looking for established rental income with additional upside, or a business owner who wants to occupy their own space while generating income from the remaining tenants. Must see to appreciate all this property has to offer!
FOR SALE: Freestanding retail property with an open showroom near Hy-Vee. The property is currently operating as a specialty apparel and novelty shop and features a predominantly open retail showroom with flexible floor area and an existing sales counter. The rear portion of the property provides additional merchandise, storage and workspace, along with an ADA-compliant restroom. A loft/mezzanine above the back-of-house area provides additional storage. Recent property improvements include a parking lot resurface and overlay (2022), new 5-ton AC unit (2024), and new 10-gallon water heater (2026). MacArthur Blvd is a major arterial corridor with traffic counts of 19,800 vehicles/day. It is near Hy-Vee, Town & Country Shopping Center, Walgreens, and Autozone with numbers other retail, service and dining throughout the surrounding area. It is minutes from Interstate 72 and SCHEELS Sports Park. The property is located within the MacArthur Boulevard TIF District.
This building was formerly used as an animal hospital and is situated in an excellent, high-traffic location with strong public visibility. Key features of the space include: multiple office and exam rooms, lobby with a dedicated waiting room and reception desk area, grooming area with a wash tub, surgery and laboratory rooms, and two large kennel rooms. Most walls are free-standing that can be reconfigured for general office or business use. Lot is approximately 130ftx150ft. Possible Lease.
Perfect opportunity to own your own restaurant and your own real estate, and not have to lease space! This is one of Springfield's finest and oldest charm restaurants near downtown, conveniently located on the corner of Jefferson and Walnut Street, the two busiest streets in the city. It is surrounded by state and city government buildings, the hospitals, and residential subdivisions. Currently leasing and operating as a Mexican restaurant. This commercial building is presenting a fantastic opportunity for the restaurant or retail, big corner lot, and ample parking. The opportunities are endless due to the location. The billboard is included in the sale with $545 monthly income and can be potentially increased. The restaurant with all equipment can also be leased, additional information can be provided by the listing agent. Only serious inquiries and preapproved buyers! Square footage is believed to be accurate but not warranted.
Versatile commercial property offering approximately 915 square feet of functional space with a flexible layout suitable for a variety of potential business uses. Previously operated as a massage therapy business, the property may be well suited for professional office, retail, personal service, or other commercial uses, subject to applicable zoning and approvals. The interior features three separate rooms, including one interior room without an egress window, along with 1.5 bathrooms, a spacious reception or sitting area, kitchen, and laundry area. The layout provides multiple options for private offices, treatment rooms, workspaces, or customer-facing areas depending on the needs of the next owner or occupant. Additional improvements include a newer roof and HVAC system, new paint and new flooring, offering added value and reducing some of the major capital expenses typically associated with commercial ownership. Whether you are looking for space for your own business, a professional office, service-based operation, or an investment opportunity, this property offers an affordable and adaptable commercial space with plenty of potential. Schedule a showing today to explore the possibilities this property has to offer.
Great opportunity to own a local bar with excellent potential, plus a separate 2-bedroom home and additional lot! The approximately 2,125 sq. ft. bar features a large, rectangular layout with an inviting bar area, ample seating, and numerous round tables for guests. The space currently accommodates 5 poker/gaming machines and includes a kitchen area, large walk-in cooler, and additional storage room. The property also offers a parking lot located behind the building for customer convenience. An added bonus is the 2-bedroom, 1-bathroom single-family home located directly behind the bar, adjacent to the parking area. The home offers approximately 951 sq. ft. and could provide additional rental income or serve as a convenient residence for the owner. Also included is an additional lot next to the home, providing even more potential and flexibility. Bar + 2-bedroom home + additional lot all included in the sale, making this an opportunity for an owner-operator, investor, or someone looking to generate multiple income streams.
FOR SALE: 3,893 SF freestanding office building with 880 SF detached garage. The main level has a foyer, two walk-in closets, large central workspace, multiple offices/support rooms, a break room and a restroom. The lower level has additional office, work and storage space, two kitchen areas and two full bathrooms, with portion previously configured for residential use. Seller upgrades paint and security system in 2025. The detached garage is leased month-to-month. The building has an accessible front entrance ramp and monument signage visible from the street. Located near a signalized intersection with combined traffic counts of 24,600 AADT and directly across from a grocery-anchored shopping center.
Excellent opportunity to own this investment property or to be owner occupied on a highly visible street-directly across from HyVee. This versatile commercial property offers great potential office, retail or a variety of business uses. This property includes another building which is fully leased.
Versatile commercial B-2 zoned property offering flexibility for commercial or residential use. Property is being sold AS IS. Situated on a large corner lot, this unique property features over 6,500 square feet across multiple structures and was formerly operated as a flower shop with two greenhouses. Additional features include an attached 2-car garage, detached 2-car garage, and generous paved parking. Located directly across from the National Guard, this property presents an excellent opportunity for a business, storage, investment, redevelopment, or unique live/work concept.
Excellent opportunity, this great single store building has many potential uses, retail, office, restaurant, office even light industrial. Thie building is in like new condition. There is an additional newer 1,440sf building on the premises that the current owner uses for equipment storage. Located just off of Veterans Parkway (IL4) next to Walmart, Target, Aldi, Wendy's, Starbucks, Verizon, Taco Bell, McDonalds, Portillos and many more. Immediate traffic count 6,900, Veterans traffic count 31,800. For Sale of Lease
Prime commercial development opportunity in a highly visible and active area of Springfield. Approximately 3.67 acres in Prairie Crossing Development, conveniently located at I-72 and Veterans Parkway (IL Rt. 4) with easy highway access and excellent connectivity to major retail, restaurants, hotels, auto dealerships and office destinations. The property is just minutes from the Scheels Sports Park and Legacy Pointe, adding to the area's growing activity and traffic. Ideal location for a variety of office, business service or other commercial uses.
Opportunity knocks at this established Springfield salon property offering a turnkey opportunity for a stylist, barber or beauty professional ready to step into a space already designed for the business. A substantial renovation in 2017 brought a new parking lot, stone exterior accents, siding and roof, and new HVAC, hot water heater, shampoo bowls, lobby furniture, flooring throughout in 2020 with fresh paint added in 2026. Located along the well-traveled Adlai Stevenson Drive with convenient access, visibility and parking, the property offers the advantage of an existing salon layout and improvements—providing a head start without the time and expense of building out a space from scratch. Whether you're an established salon owner ready to own your location, an entrepreneur looking for a move-in-ready space, or a commercial buyer with a new vision, this property offers plenty of possibilities. Real estate, salon improvements and fixtures combine to create an appealing package ready for its next chapter!
±4,413 SF FREESTANDING RETAIL / RESTAURANT OPPORTUNITY ±0.70 Acres Former Hardee’s Existing Drive-Thru $975,000 EXECUTIVE SUMMARY 1700 Wabash Avenue presents an exceptional opportunity to acquire a highly visible, freestanding commercial configuration provides an ideal foundation for a new food-and-beverage operator, while the building and site also offer flexibility for repositioning, adaptive reuse, or lease-up to a new tenant. Offered at $850,000 the property is well suited for an owner-user or investor seeking a well-located Central Illinois commercial asset with strong surrounding retail fundamentals. INVESTMENT HIGHLIGHTS • ±4,413 SF freestanding commercial building • ±0.70-acre parcel • Former Hardee’s restaurant location • Existing drive-thru infrastructure • Monument signage • Ample on-site parking • Highly visible location along Wabash Avenue • Daily traffic counts exceeding 25,000 vehicles • Located near the intersection of Wabash Avenue and Chatham Road • Strong surrounding national and regional retail presence • Excellent opportunity for owner-user, investor, or new operator • Potential for repositioning, adaptive reuse, or re-tenanting • Offered at $850,000 PREMIER RETAIL CORRIDOR The property is strategically located along Wabash Avenue, one of Springfield’s most prominent commercial corridors. The area benefits from substantial daily traffic. Nearby national tenants include: • Target • Lowe’s • ALDI • Panera Bread • Chick-fil-A • Starbucks
7 parcels totaling 19.46 acres. Zoned I-1: Light Industrial. Can be sold together or separately. Please see the information sheet for more details on the lot breakdown and pricing. Parcels are located on the frontage road of Farmers Market and Atlanta Street, visible from I-55. Approximately 27,300 vehicles pass this site just north of the Sangamon Ave exit in Springfield, Illinois. In addition, the parcels are located near Northfield Plaza and S Dirksen Parkway, which have major retail, medical, and restaurant properties well established. The property also sits blocks away from the new Amazon distribution center.
Older warehouse building with 5 offices, a break room, restrooms, two shower/changing rooms. Spacious warehouse with 12 ft overhead door and two hanging heaters. Parking lot & yard space. Recessed truck well for two trucks.
Across from Air National Guard, building features 7 front parking spaces, open floor plan, LVP flooring, vaulted ceilings, kitchenette, full bath. A spiral staircase leads to finished loft, providing additional flexible space. Property also includes detached two story outbuilding with overhead door, offering excellent storage or workshop options. Property includes fully fenced, easily accessible 93’ x 65.5’ area in rear, ideal for rv, boat or vehicle storage.
This is a great opportunity to own a very nice strip mall featuring a diverse range of tenants. It is situated on the north side of Springfield, just a few blocks from Lincoln's Tomb, a major tourist attraction. The location is also a couple of miles from both the airport and Interstate 55, and it is close to downtown Springfield.
Have you ever wanted to get into the storage business and just weren't sure you wanted to make the great big investment? Well, here's a storage facility for a fraction of the cost of a large facility. This unit will show you what it's like to be in the business and how easy it is to run this property. This property has several popular-sized units and several outdoor vehicle, motorhome, and trailer storage spots. The lot is fenced, and the main building structure is block. It's located on a heavily traveled highway. The owner has owned it for several years and is ready for a change of pace.
Andrea D. Conner, License 471020674, Xome Inc., License 478026347, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067
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Springfield is located in Illinois. Springfield, Illinois has a population of 114,672. Springfield is less family-centric than the surrounding county with 21.63% of the households containing married families with children. The county average for households married with children is 25.59%.
The median household income in Springfield, Illinois is $57,596. The median household income for the surrounding county is $66,149 compared to the national median of $69,021. The median age of people living in Springfield is 39.7 years.
The average high temperature in July is 85.4 degrees, with an average low temperature in January of 18.4 degrees. The average rainfall is approximately 38.4 inches per year, with 17.7 inches of snow per year.
