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    Springfield, IL Conventional Restaurants for Sale

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    Grandview, IL Southern View, IL Sherman, IL
    9 listings
    Turnkey Standalone Restaurant Building
    $2,200,000
    0.25 Acres
    Turnkey Standalone Restaurant Building

    11055 W Roosevelt Road, Westchester, IL 60154

    Standalone newer construction restaurant building with parking and two outdoor patios for year-round dining operations.
    • Standalone commercial restaurant building with about 3,500 SF on Roosevelt Rd in Westchester, built in 2021
    • Set on an 11,000 SF lot with approximately 25 parking spaces and high‑visibility signage
    • Includes central air and two outdoor‑dining patios for seasonal seating
    • Split pricing: $1,800,000 for the real estate and $400,000 for the business/FF&E/recipes & operational infrastructure (combined $2,200,000)
    • Active liquor license: open liquor stays with the sale; closed liquor to be sold separately (inventory negotiable)
    Updated: Apr 20
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    Drive-Through Restaurant Building
    $200,000
    Drive-Through Restaurant Building

    630 E N Grand Avenue, Springfield, IL 62702

    Well-maintained all-brick building configured for food service with a drive-through window and ample parking.
    • All‑brick commercial building with tile flooring, central air, and forced‑air natural gas heating
    • Previously operated as a Subway restaurant and is configured for food service use
    • Drive‑through window and easy customer access with ample on‑site parking
    • Includes prominent signage potential and a sale package of 2 parcels for additional parking
    • Roof is asphalt; served by public sewer
    Updated: Jun 18
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    Springfield Commercial Package Deal
    $999,999
    0.74 Acres
    Springfield Commercial Package Deal

    Remodeled Subway franchise and commercial building for sale in Springfield.

    1295 TORONTO Road, Springfield, IL 62707

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    Restaurant Building in Prime Location
    $349,900
    0.30 Acres
    Restaurant Building in Prime Location

    Restaurant building for sale with fully built-out kitchen.

    915 W LAUREL Street, Springfield, IL 62704

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    Turnkey Restaurant Opportunity in Springfield
    $199,900
    1,400 SF
    Turnkey Restaurant Opportunity in Springfield

    Fully equipped restaurant with decades of goodwill in prime location.

    716 E Enos Avenue, Springfield, IL 62702

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    Restaurant and Entertainment Venue
    $699,000
    9,000 SF
    Restaurant and Entertainment Venue

    Exceptional venue with front-row views and extensive updates.

    517 North 4th Street, Springfield, IL 62702

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    Freestanding Restaurant Building
    Contact for pricing
    7,443 SF
    Freestanding Restaurant Building

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

    2660 S Dirksen Pkwy, Springfield, IL 62703

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    Freestanding Restaurant Building
    Contact for pricing
    7,443 SF
    Freestanding Restaurant Building

    Freestanding restaurant property on a signalized corner with long frontage and ample on-site parking.

    2660 S DIRKSEN PKWY, Springfield, IL 62702

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    Restaurant/Bar Opportunity on Corner Lot
    $489,000
    Restaurant/Bar Opportunity on Corner Lot

    Restaurant/bar with gaming on a corner lot for sale.

    301 W North Grand Avenue, Springfield, IL 62702

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    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 9 Active listings in Springfield, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Profitable Restaurant and Bar Opportunity
    $350,000
    0.28 Acres
    Profitable Restaurant and Bar Opportunity

    Established restaurant and bar with multiple revenue streams for sale.

    133 S 2ND Street, Girard, IL 62640

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    Commercial Building on State Route
    $169,000
    1,380 SF
    Commercial Building on State Route

    Commercial building with drive-thru, formerly a Subway restaurant.

    513 E CHESTNUT Street, Mt Pulaski, IL 62548

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    Profitable Restaurant & Bar on Route 66
    $350,000
    Profitable Restaurant & Bar on Route 66

    Established restaurant and bar with multiple revenue streams and gaming.

    133 S 2ND Street, Girard, IL 62640

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    Commercial Building on State Route
    $169,000
    1,380 SF
    Commercial Building on State Route

    Commercial building with dining area, drive-thru, and parking lot.

    513 E CHESTNUT Street, Mt Pulaski, IL 62548

    View details

    Springfield, IL Conventional Restaurants Market Trends and Statistics

    Explore 9 conventional restaurants for sale in Springfield, IL, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 10,400 square feet of properties for sale, with an estimated market value of $898,900.

    Sale prices for conventional restaurants in Springfield, IL start at $199,900, averaging $449,450, and reaching up to $699,000 — 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

    Drive through restaurants 15
    Conventional restaurants 11
    Bars & Pubs 10
    Commercial kitchens 3
    Turn key restaurants 2

    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
    62704 $400K
    62702 $462.6K
    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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    Most Searched ZIP Codes in Springfield, IL

    • 62702
    • 60154
    • 62703
    • 62704
    • 62707

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