Conventional Restaurant

Springfield, IL Conventional Restaurants for Sale

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Freestanding Drive-Through Restaurant
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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Restaurant Building with Bar
Updated: Jul 28
Restaurant Building with Bar

3941 PINTAIL Drive, Springfield, IL 62711

$599,000
0.51 AC lot
5,000‑square‑foot former golf simulation restaurant and bar
0.51‑acre site adjacent to Panther Creek Golf Club
Three garage or truck bays
Newer roof and mechanical systems
Updated kitchen components and existing bar
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Standalone Restaurant with Outdoor Patios
Standalone Restaurant with Outdoor Patios

11055 W Roosevelt Road, Westchester, IL 60154

$1,500,000
0.25 AC lot

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

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Standalone Restaurant with Dual Patios
Standalone Restaurant with Dual Patios

11055 W Roosevelt Road, Westchester, IL 60154

$1,500,000
3,500 sqft 0.25 AC lot

Newer 2021-built restaurant on an 11,000 SF lot with roughly 25 parking spaces and two outdoor dining patios.

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Remodeled Restaurant with New Hood
Remodeled Restaurant with New Hood

2126 S MACARTHUR Boulevard, Springfield, IL 62704

$459,900
0.14 AC lot

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

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Renovated Restaurant Building with Patio
Renovated Restaurant Building with Patio

517 S 4TH Street, Springfield, IL 62701

$499,900

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

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Three-Story Restaurant with Full Kitchen
Three-Story Restaurant with Full Kitchen

620 S 1ST Street, Springfield, IL 62704

$175,000
0.23 AC lot

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

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Freestanding Restaurant with Highway Frontage
Freestanding Restaurant with Highway Frontage

2696 S DIRKSEN PKWY, Springfield, IL 62702

Contact for pricing
7,468 sqft 1.75 AC lot

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

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Historic Shopping Center with Restaurant Space
Historic Shopping Center with Restaurant Space

107 W COOK Street, Springfield, IL 62704

$450,000
1.30 AC lot

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

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Furnished Restaurant with Full Kitchen
Furnished Restaurant with Full Kitchen

716 Enos Avenue, Springfield, IL 62702

$184,900

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

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Freestanding Restaurant Building
Freestanding Restaurant Building

2660 S Dirksen Pkwy, Springfield, IL 62703

Contact for pricing
7,443 sqft 2.27 AC lot

Freestanding restaurant property with substantial parking and frontage on a signalized hard-corner location.

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Full-Service Restaurant with Bar
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
Equipped Restaurant with Bar

301 W N Grand Avenue, Springfield, IL 62702

$429,900

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

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Restaurant-Ready Retail Building
Restaurant-Ready Retail Building

3434 Freedom Drive, Springfield, IL 62704

$1,250,000
1.32 AC lot

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

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Historic Mixed-Use Property
Historic Mixed-Use Property

518 E CAPITOL Avenue, Springfield, IL 62701

$95,000

Historic wood-and-brick building with restaurant and bar history, public sewer, natural-gas heat, and S-3 zoning.

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Restaurant and Adjacent Lot
Restaurant and Adjacent Lot

951 Durkin Drive, Springfield, IL 62704

$425,000

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

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Chick-fil-A Absolute NNN Ground Lease
Chick-fil-A Absolute NNN Ground Lease

3200 NORTHFIELD DR, Springfield, IL 62702

Contact for pricing

Leased fee ownership with an absolute NNN structure and tenant responsibility for property expenses and maintenance.

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Restaurant Building with Gaming Room
Restaurant Building with Gaming Room

1577 W WABASH Avenue, Springfield, IL 62704

$450,000

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

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 18 Active Listings in Springfield, IL

Springfield, IL Conventional Restaurants Market Trends and Statistics

Explore 18 conventional restaurants for sale in Springfield, IL, showcased through 18 active listings on our real estate platform. These investment opportunities span a total of 18,411 square feet of properties for sale, with an estimated market value of $9,453,600.

Sale prices for conventional restaurants in Springfield, IL start at $95,000, averaging $630,240, 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.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Conventional restaurants 27
Bars & Pubs 14
Drive through restaurants 7
Commercial kitchens 5

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
62702 $307.4K
62701 $324.9K
62704 $542.1K
62711 $629K
62707 $1000K

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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