Springfield, IL Conventional restaurants for sale

Updated: Aug 26

Freestanding Drive-Through Restaurant

1700 WABASH Avenue, Springfield, IL 62704

$850,000

0.70 AC lot

+/-4,413 SF freestanding commercial building
+/-0.70‑acre parcel with existing drive‑thru infrastructure
Former Hardee's restaurant location
Monument signage and ample on‑site parking
B‑2 zoning with public sewer and water available

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Updated: Sep 28

Corner Restaurant Building

635 W JEFFERSON Street, Springfield, IL 62702

$350,000

0.36 AC lot

Restaurant property on a 0.3645‑acre corner parcel
Currently leased and operating as a Mexican restaurant
Billboard included in the sale
Built in 1983; brick, wood siding, and frame construction
Central air conditioning and public sewer service

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Standalone Restaurant with Outdoor Patios

11055 W Roosevelt Road, Westchester, IL 60154

$1,500,000

3,500 sqft Built 2021 1 building

Newer construction restaurant on Roosevelt Road with two seasonal dining areas, central air, and on-site parking.

25 spaces Liquor license Patio Equipment included Furnished

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Freestanding Restaurant with Highway Frontage

2696 S DIRKSEN PKWY, Springfield, IL 62702

Contact for pricing

7,468 sqft 185 ft frontage 1 building

Highway access

B-1-zoned property offers substantial parking, prominent signage, and access to a signalized intersection.

114 spaces Pylon signage Access easements to stoplight via Horizon Drive

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Remodeled Restaurant with New Hood

2126 S MACARTHUR Boulevard, Springfield, IL 62704

$434,900

Built 1950

B1 B2-zoned property on South MacArthur Boulevard with updated interior finishes and commercial food-service improvements.

Commercial hood

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Fully Leased Mixed-Use Property

217-219 S 5TH Street, Springfield, IL 62701

$350,000

2 buildings Multi-tenant

100% occupied

A restaurant and a nightclub occupy separate buildings on the property.

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Renovated Restaurant Building with Patio

517 S 4TH Street, Springfield, IL 62701

$469,999

9,000 sqft Renovated 2017

Two-level commercial property with a full-service bar, event-oriented layout, and H-2 zoning in Springfield.

Commercial hood Patio Equipment included Full-service bar Lounge area

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Thai Restaurant Business

10026 W ROOSEVELT Road, Westchester, IL 60154

$79,000

Business included 1,800 sqft

The Chai Yo operation serves Thai cuisine through dine-in and takeout service.

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Three-Story Restaurant with Full Kitchen

620 S 1ST Street, Springfield, IL 62704

$175,000

7,000 sqft 1 building

Historic hospitality building with multiple levels, bar service, and a full kitchen.

Furnished

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Historic Shopping Center with Restaurant Space

107 W COOK Street, Springfield, IL 62704

$450,000

Built 1908 1.3 acres

Brick retail center with flexible commercial areas, restaurant space, and an atrium setting in Springfield.

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Restaurant-Ready Retail Building

3434 Freedom Drive, Springfield, IL 62704

$1,250,000

Highway access

Restaurant-ready space in a high-visibility shopping center anchored by Super Walmart and Target.

76 spaces

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Full-Service Restaurant with Bar

2709 S MACARTHUR Boulevard, Springfield, IL 62704

$585,000

Distinct dining and bar areas include booths for two within the restaurant’s existing layout.

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Equipped Restaurant with Bar

301 W N Grand Avenue, Springfield, IL 62702

$429,900

4,800 sqft

Established restaurant infrastructure includes dining, bar, kitchen, equipment, fixtures, and parking within a flexible commercial layout.

Equipment included Furnished

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Double-Lane Drive-Through Restaurant

3100 W White Oaks Drive, Springfield, IL 62704

Contact for pricing

The 2023-built, single-tenant property is leased under an absolute NNN structure.

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Furnished Restaurant with Full Kitchen

716 Enos Avenue, Springfield, IL 62702

$184,900

Business included 1,400 sqft 50 seats Built 1914 brick 1 building

R-5(b) zoning accompanies a furnished restaurant with dedicated dining, kitchen, storage, and parking components.

Equipment included Furnished

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Restaurant and Adjacent Lot

951 Durkin Drive, Springfield, IL 62704

$425,000

Business included Built 1975 1 building

Established restaurant property with dining, bar, lounge, stage, and additional land for future use.

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Pizza Ranch Drive-Through Restaurant

1001 Lejune Dr, Springfield, IL 62703

Contact for pricing

Renovated 2024

The restaurant property was renovated in 2024 and includes drive-through service.

Drive-thru

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Historic Mixed-Use Property

518 E CAPITOL Avenue, Springfield, IL 62701

$95,000

Built 1837 Italianate

The building retains Italianate architectural details and requires cleanout and extensive repairs.

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Restaurant Building with Gaming Room

1577 W WABASH Avenue, Springfield, IL 62704

$450,000

Renovated 2007

Rebuilt commercial property with dining areas, bar service, offices, and flexible retail or restaurant use.

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Springfield, IL Conventional Restaurants Market Trends and Statistics

Explore 19 conventional restaurants for sale in Springfield, IL, showcased through 19 active listings on our real estate platform. These investment opportunities span a total of 9,268 square feet of properties for sale, with an estimated market value of $8,078,699.

Sale prices for conventional restaurants in Springfield, IL start at $79,000, averaging $504,918, and reaching up to $1,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
62701	$305K
62702	$321.6K
62704	$577.5K

Neighborhood

Average Price

62701

$305K

62702

$321.6K

62704

$577.5K

Featured Springfield Real Estate Agencies

Realmo connects you with licensed Springfield CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

Keller Williams Capital

3171 Robbins Road Springfield, IL 62704

Phone: (217) 553-4368

www.kwspi.com

Real Estate Associates, LLC

2030 Timberbrook Springfield, IL 62711

Phone: (217) 789-7200

reahouses.com

The Real Estate Group, Inc.

3701 W Wabash Ave Springfield, IL 62711

Phone: (217) 787-7000