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    1220 Old Toronto Rd Springfield, IL 62712

    For Sale
    $850,000

    Commercial - Springfield, IL

    Property size:
    3,524 SF
    Lot size:
    1.26 Acres
    Days on Market:
    256
    Last Refresh:
    Dec 14 at 11:06 pm

    Property Features for 1220 Old Toronto Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    APN
    22-35.0-102-005
    Size
    3,524 SF
    Lot size
    1.26 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Building materials
    Block, Brick
    Roof type
    Composition, Shingle
    Architectural style
    Other

    RMP of Springfield,LLC dba Remax Professionals (217) 787-7215 [email protected]

    Listing agent Michael Castleman (217) 787-7215 License #475165043

    Listing date Apr 4, 2025

    MLS# CA1034358 Listing URL

    Copyright © 2025 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Springfield Bar and Entertainment Venue

    This commercial property in Springfield, Illinois, features a recently remodeled bar business with interior and basement areas. The property includes a beer garden and entertainment center, featuring a large stage and multi-level viewing deck. The bar offers gaming, bar food, and drinks with no cover charge for entertainment. The property, zoned for commercial use, spans 1.26 acres and includes the building, acreage, and parking areas. The building has 3,524 square feet of living area. This property presents a business opportunity.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bars

    Similar Places Nearby

    Circle K, Crows Mill Pub, Pier 55 Lounge, Mowie's Cue

    Map

    City
    Springfield
    County
    Sangamon
    State
    Illinois
    Longitude
    -89.627225711823
    Latitude
    39.713960438742

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    FAQs

    What type of property is this?
    Bar - Remodeled bar with beer garden and entertainment center for sale.
    Where is this bar located?
    The property is located at 1220 Old Toronto Rd Springfield, IL.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: - Established bar business with significant revenue potential.; - Recently remodeled interior and basement.; - **Exceptional beer garden and entertainment center with large stage and multi-level viewing deck.**
    (217) 787-7215
    Request Owner's contact information
    1220 Old Toronto Rd Springfield, IL 62712
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    Springfield, IL 62712
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1220 Old Toronto Rd Springfield, IL 62712
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