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    1610 W Jefferson St Springfield, IL 62702

    For Sale
    $350,000

    Commercial - Springfield, IL

    Property size:
    450 SF
    Lot size:
    0.42 Acres
    Days on Market:
    189
    Last Refresh:
    Dec 13 at 8:06 pm

    Property Features for 1610 W Jefferson St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    APN
    14-29.0-402-006
    Size
    450 SF
    Lot size
    0.42 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Flooring type
    Tile
    Building materials
    Block
    Roof type
    Membrane
    Architectural style
    Other

    Springfield Real Estate LLC. (217) 525-2288 [email protected]

    Listing agent Peter Praia (217) 525-2288 License #475104303

    Listing date Jun 8, 2025

    MLS# CA1029868 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 Commercial Building with Drive-Thru

    This commercial property in Springfield, Illinois, is suitable for drive-through restaurants, restaurants, and retail purposes. The property includes a building with a double drive-thru. Situated on a 0.42-acre lot, the property offers the potential for constructing an additional building at the rear. An adjacent lot is also available, offering the opportunity to expand the total buildable area. The existing 450-square-foot building is currently leased to a tenant. Located on a high-traffic street, the property benefits from a daily car count exceeding 21,000 vehicles. The property is zoned for commercial use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Abelardo's Mexican fresh Mexican Restaurant

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Sangamon
    State
    Illinois
    Longitude
    -89.680261
    Latitude
    39.807221

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    FAQs

    What type of property is this?
    Drive through restaurant - Commercial building with double drive-thru on a high-traffic street.
    Where is this drive through restaurant located?
    The property is located at 1610 W Jefferson St Springfield, IL.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: - High demand double drive-thru building.; - Oversized lot with room for another building.; - Located on a HIGH TRAFFIC street (21,000+ daily car count).
    (217) 525-2288
    Request Owner's contact information
    1610 W Jefferson St Springfield, IL 62702
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    Springfield, IL 62702
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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
    1610 W Jefferson St Springfield, IL 62702
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