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    3434 Freedom Dr Springfield, IL 62704

    Under Contract
    For Sale
    $1,250,000

    Commercial - Springfield, IL

    Property size:
    5,632 SF
    Days on Market:
    1305
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 3434 Freedom Dr

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active Under Contract
    Zoning
    S-2
    APN
    21130227022
    Size
    5,632 SF

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Flooring type
    Carpet, Tile, Vinyl
    Building materials
    Frame, Stone
    Roof type
    Flat, Membrane, Metal
    Architectural style
    Other

    The Real Estate Group, Inc. (217) 787-7000 [email protected]

    Listing agent Jay Clark (217) 787-7000 License #475103848

    Listing date May 11, 2022

    MLS# CA1002523 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

    Restaurant Ready in Parkway Pointe

    Located within the thriving Parkway Pointe shopping center, anchored by Super Walmart and Target, this property is ideally suited for restaurant operations. The center also includes retailers such as Starbucks, Verizon, and Aldi, along with fast-food options like McDonalds, and lodging such as Courtyard by Marriott, Fairfield by Marriott, Sleep Inn, and Quality Inn. Situated at the intersection of IL 4 and Lindbergh, at the Interstate 72 exit, the property benefits from high visibility. Previously a Bakers Square, the 5,632 square foot building is completely ready for a restaurant operation. The 1.32-acre lot provides 76 parking spaces. The zoning is S-2.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Yummy Bowl Restaurant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Sangamon
    State
    Illinois
    Longitude
    -89.707141
    Latitude
    39.750218

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    FAQs

    What type of property is this?
    Restaurant - Restaurant-ready property in a high-visibility shopping center location.
    Where is this restaurant located?
    The property is located at 3434 Freedom Dr Springfield, IL.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: - High visibility location at the intersection of IL 4 and Lindbergh, at the Interstate 72 exit.; - Located in Parkway Pointe, a thriving shopping center anchored by Super Walmart and Target.; - Ready for restaurant operation (previously Bakers Square).
    (217) 787-7000
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    Springfield, IL 62704
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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
    3434 Freedom Dr Springfield, IL 62704
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