Restaurant Building with
For Lease
Under Contract
$1,250,000
3434 FREEDOM Drive, Springfield, IL 62704
Commercial Lease, Springfield, IL
Space SizeContact for details
Lot Size1.32 Acres
Days on Market2195
Property Features for 3434 FREEDOM Drive
General Information
Property type
Commercial Lease
Property subtype
Other
Zoning
S-2
Directions
Lindbergh to Freedom Dr.
Standard status
Active Under Contract
APN
21130227022
Lot size
1.32 Acres
Taxes and HOA fees
Tax Year
2018
Tax Annual Amount
34897
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Building Details
Floors in Building
1
Flooring type
Tile, Carpet
Building materials
Frame, EFIS, Stone
Roof type
Metal, Membrane, Flat
Listing Agency:
The Real Estate Group Inc.
(217) 787-7000
Listed By:
Jay Clark · License #475103848
(217) 725-3402
Added: Sep 13, 2020
Changed: Sep 16
Last Checked: Sep 16 at 11:06PM
MLS# CA1002523
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This restaurant property is available for lease in Springfield’s Parkway Pointe shopping center. The building previously operated as Bakers Square and is described as ready for restaurant use. Interior finishes include carpet and tile, while the structure combines frame, EFIS, and stone construction. Heating is provided by natural gas and forced air, with central air conditioning. The property also includes a flat metal membrane roof and public sewer service.
The site contains 1.32 acres and provides 76 parking spaces. It sits near the intersection of IL 4 and Lindbergh, with access to Interstate 72. Parkway Pointe includes Super Walmart, Target, Starbucks, Verizon, Aldi, McDonalds, several hotels, and other retail businesses. The property is zoned S-2.
The site contains 1.32 acres and provides 76 parking spaces. It sits near the intersection of IL 4 and Lindbergh, with access to Interstate 72. Parkway Pointe includes Super Walmart, Target, Starbucks, Verizon, Aldi, McDonalds, several hotels, and other retail businesses. The property is zoned S-2.
Key Highlights
- 76 parking spaces on a 1.32‑acre site
- Located in Parkway Pointe with Super Walmart and Target as shopping center anchors
- Positioned near IL 4 and Lindbergh with access to Interstate 72
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
606
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 62704, IL
39,157
Population
20,706
Households
1.9
Avg Household Size
40
Median Age
42%
College-Educated
95%
High-School Grad
12.2 sq mi
ZIP Area
3,210
Density / Sq Mi
$66,352
Median Household Income
$44,793
Median Earnings
$924
Median Rent
$166,900
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Former restaurant location available for lease within an anchored shopping center near major regional access routes.
Where is this conventional restaurant located?
The property is located at 3434 FREEDOM Drive Springfield, IL.
What is the lease rate?
The lease rate is $1,250,000.
What are key features of this property?
This property features: 76 parking spaces on a 1.32‑acre site; Located in Parkway Pointe with Super Walmart and Target as shopping center anchors; Positioned near IL 4 and Lindbergh with access to Interstate 72
