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    Springfield, IL Grocery And Convenience Stores for Sale

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    Grocery-Anchored Shopping Center
    Updated: Jun 2
    Grocery-Anchored Shopping Center

    1861-1927 E Sangamon Ave, Springfield, IL 62707

    $17,385,000
    Schnucks serves as the grocery anchor
    100% occupied retail center
    Tenant roster includes Planet Fitness, USPS, Pet Supplies Plus, Rent‑A‑Center, and Sally Beauty
    Average tenancy exceeds 16 years
    Direct access to I‑55 from E Sangamon Avenue
    View details
    See hot listings in Springfield

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Springfield, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

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

    Licensed Butcher Shop Manufacturing Property
    Licensed Butcher Shop Manufacturing Property

    304 Chapin St, Ivesdale, IL 61851

    $499,900
    7,155 sqft

    Established meat-processing facility with upgraded refrigeration and an on-site employee residence.

    View details
    Mixed-Use Building with Rental Units
    Mixed-Use Building with Rental Units

    3611 W Harmon Highway, Peoria, IL 61604

    $195,000
    0.32 AC lot

    Grocery-oriented main level with kitchen features, walk-in cooler, fenced yard, and two occupied residential units above.

    View details
    Convenience Store Building with Parking
    Convenience Store Building with Parking

    1624 N KNOXVILLE Avenue, Peoria, IL 61603

    $170,000

    The building includes one bathroom, several parking spaces, and commercial zoning.

    View details
    Licensed Grocery and Convenience Store
    Licensed Grocery and Convenience Store

    304 Chapin Street, Ivesdale, IL 61851

    $499,900
    0.55 AC lot

    Operating butcher shop with upgraded refrigeration, employee housing, and central air conditioning in Ivesdale, Illinois.

    View details

    Off-Market Properties in Springfield, IL

    Consider similar Off-Market properties in Springfield, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    920 Grand Ave
    Individual retail properties

    920 Grand Ave, Springfield, IL 62702

    Estimated value: by Request
    15,251 sqft 1.95 AC lot
    View details
    1413-1429 Cook St
    Individual retail properties

    1413-1429 Cook St, Springfield, IL 62703

    Estimated value: by Request
    7,706 sqft 0.79 AC lot
    View details
    3100 Ridge Ave
    Individual retail properties

    3100 Ridge Ave, Springfield, IL 62702

    Estimated value: by Request
    10,640 sqft 1.38 AC lot
    View details

    Springfield, IL Grocery And Convenience Stores Market Trends and Statistics

    Explore 5 grocery and convenience stores for sale in Springfield, IL on our real estate platform.

    Sale prices for supermarkets in Springfield, IL average $17,385,000 — 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

    Storefront properties 33
    Shopping centers 22
    Automotive properties 8
    Drug stores 5
    Auto shops 4

    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
    62707 $17.4M

    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.

    How Realmo verifies these figures

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    Popular Searches in Springfield, IL

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    Most Searched ZIP Codes in Springfield, IL

    • 62707

    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: 12175534368
    www.kwspi.com
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