Springfield, IL Bars & Pubs for Sale

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12 properties

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Updated: Jul 23, 2025

Full-Service Restaurant with Bar

2709 S MACARTHUR Boulevard, Springfield, IL 62704

$585,000

Proximity to new sports complex and Scheels Sporting Goods.
Full‑service restaurant with separate dining area and bar.
Located next to over a hundred apartments and numerous rooftops.
Opportunity for a successful gaming operation.
Full‑service bar with a nostalgic 70s atmosphere and cozy booths.

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Updated: Dec 1, 2024

Corner Mixed-Use Commercial Building

427 MONROE Street, Springfield, IL 62701

$600,000

0.50 AC lot

Third‑floor office suites available in a downtown Springfield building on the corner of 5th and Monroe
Ground‑level retail space available, plus 6,000 sq. ft. entertainment space with open floor plan
Entertainment space includes 2 bars and a stage, with 2 outdoor seating areas
Building services include forced air heating and central air cooling
Utilities include public sewer

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Fully Equipped Restaurant and Bar

301 W N Grand Avenue, Springfield, IL 62702

$469,900

Restaurant and bar space with open dining, bar area, and a fully outfitted kitchen, including pizza ovens and walk-ins.

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Historic Office and Retail Building

206 S 6th Street Unit #204, Springfield, IL 62701

$500,000

Three-story building with elevator and stairway access, currently leased to a craft beer pub and other local businesses.

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Mixed-Use Retail and Restaurant Property

107 W COOK Street, Springfield, IL 62704

$450,000

1.30 AC lot

Historic shopping center offers multiple retail and restaurant lease options, including atrium space and a former restaurant location.

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Historic Multi-Story Restaurant Building

620 S 1ST Street, Springfield, IL 62704

$175,000

0.23 AC lot

Three-floor restaurant building features two bars and a full kitchen, with building, furniture, and fixtures offered as-is.

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Restaurant and Bar Property

951 Durkin Drive, Springfield, IL 62704

$475,000

Restaurant property with formal dining, bar and lounge seating, plus an adjacent lot and parking.

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Historic Springfield Mixed-Use Building

206 S 6th St, Springfield, IL 62701

$500,000

21,360 sqft

Three-story office and retail building in downtown Springfield.

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Restaurant and Event Venue Building

517 S 4TH Street, Springfield, IL 62701

$499,900

Turnkey restaurant and entertainment facility with a full-service bar, professional kitchen, and patio overlooking a state landmark.

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Historic Italianate Bar and Restaurant

518 E CAPITOL Avenue, Springfield, IL 62701

$149,900

Built in 1839, this Italianate building is zoned S-3, with the upper portion needing cleanout and repairs.

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Springfield Commercial Property with Bar

1220 Old Toronto Road, Springfield, IL 62712

$850,000

1.26 AC lot

Active bar business with remodeled interior and large beer garden.

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Retail and Restaurant Building with Gaming

1577 W WABASH Avenue, Springfield, IL 62704

$450,000

Completely rebuilt in 2007 offering two dining rooms, a gaming room, and office space with on-site parking.

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Based on your search, we've compiled 20 Potential Opportunities for your consideration. Besides 12 Active listings in Springfield, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Restaurant and Bar with Beer Garden

1230 5TH Street, Lincoln, IL 62656

$199,900

0.33 AC lot

Fully equipped restaurant and bar offering an on-site beer garden and event-ready spaces for dining and gatherings.

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Restaurant with Outdoor Bar

133 S 2ND Street, Girard, IL 62640

$350,000

0.28 AC lot

Full-service restaurant and bar with an outdoor bar and beer garden, plus gaming as part of the operation.

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Turn-Key Bar in Lincoln, IL

401 Limit Street, Lincoln, IL 62656

$250,000

Thriving bar with party room and outdoor area for sale.

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Profitable Restaurant & Bar on Route 66

133 S 2ND Street, Girard, IL 62640

$350,000

Established restaurant and bar with multiple revenue streams and gaming.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial Corner Development Site

700 W JEFFERSON Street, Springfield, IL 62702

$175,000

0.59 AC lot

Corner lot on West Jefferson and Walnut Streets with utilities onsite and two access points.

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Dwight Commercial Development Opportunity

900 N Union Street, Dwight, IL 60420

$1,200,000

5.50 AC lot

Restaurant, bar, and commercial land for sale in Dwight, IL.

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Commercial Land in Itasca, IL

100 S Walnut Street, Itasca, IL 60143

Contact for pricing

0.17 AC lot

Commercial land available for sale in Itasca, Illinois.

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Golf Course Frontage Lot

1711-12 Golf Course Boulevard, Independence, IA 50644

$60,000

1.09 AC lot

1.09 acre lot in River Ridge Development, Independence, Iowa.

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Springfield, IL Bars & Pubs Market Trends and Statistics

Explore 12 bars & pubs for sale in Springfield, IL, showcased through 12 active listings on our real estate platform. These investment opportunities span a total of 24,884 square feet of properties for sale, with an estimated market value of $1,350,000.

Sale prices for pubs in Springfield, IL start at $500,000, averaging $675,000, and reaching up to $850,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 138K

Population Growth (5Y) +1.9%

Median Household Income $70,314

College Educated 9.5%

High-Yield Neighborhoods for Investment

Identify Springfield submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
62701	$465K
62702	$479.5K
62704	$503.3K
62712	$850K

Taxes & Financing

Tax Rate (average for all types) 8.64%

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Sangamon County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Springfield fall within the 10,000 to 25,000 square foot range.

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