1001 Lejune Dr, Springfield, IL 62703

Building Details

Year Renovated 2024 More

Listing Agency: Matthews

Listed By: Meghan Carroll · License IL #02151705 Show Phone

Source: Crexi

Added: Oct 6 Changed: Nov 8 Last Checked: Nov 8 at 5:36PM

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Investment Insights

Based on property information with market context.

This Pizza Ranch restaurant property includes drive-through service and underwent renovation in 2024. The reported cap rate is 8.10%. The property is located at 1001 Lejune Dr in Springfield, Illinois.

Key Highlights

• Pizza Ranch restaurant property with drive‑through service
• Renovated in 2024
• 8.10% cap rate

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Marathon Gas Station Pizza Ranch Restaurant

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Big Box & Wholesale Store Auto Parts Store Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

329

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 62703, IL

28,344

Population

14,320

Households

2

Avg Household Size

37

Median Age

21%

College-Educated

85%

High-School Grad

14.9 sq mi

ZIP Area

1,902

Density / Sq Mi

$44,580

Median Household Income

$36,345

Median Earnings

$971

Median Rent

$93,100

Median Home Value

Market

Properties on Market for Conventional restaurants in Springfield

Jul

Aug

Sep

Oct

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

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Frequently Asked Questions

What type of property is this?

Conventional restaurant - The restaurant property was renovated in 2024 and includes drive-through service.

Where is this conventional restaurant located?

The property is located at 1001 Lejune Dr Springfield, IL.

What is the asking price?

The asking price for this property is $3,960,725.

What are key features of this property?

This property features: Pizza Ranch restaurant property with drive‑through service; Renovated in 2024; 8.10% cap rate