Springfield, IL Commercial Real Estate for Sale

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Commercial Property with Service Bays
Updated: Feb 13
Commercial Property with Service Bays

2595 S MACARTHUR Boulevard, Springfield, IL 62704

$399,000
7,000 sqft
High traffic count (approximately 17,800 per day)
Approximately 7,000 sq ft under roof with showroom, reception, and shop areas
7 bays with overhead doors
1.7 miles north of I‑72, near Scheels and other new businesses
On‑site parking
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Multi-Purpose Building with Basketball Court
Updated: Nov 6, 2025
Multi-Purpose Building with Basketball Court

1200 N Bradfordton Road, Springfield, IL 62711

$749,999
15,000 sqft 1.66 AC lot
15,000 sq. ft. multi‑purpose building with over 100 parking spaces suitable for many uses.
Full‑sized basketball court boasts a 22' ceiling height.
Spacious snack bar that can accommodate up to 75 people.
Large area leased to a full‑service exercise facility and a professional office/massage area.
Additional building used as a batting practice area.
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Versatile Commercial Property in Springfield
Versatile Commercial Property in Springfield

3112 NORMANDY Road, Springfield, IL 62703

$460,000
7,200 sqft 0.97 AC lot

7,200 sq ft commercial property with office and warehouse space.

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Fully Occupied Community Shopping Center
Fully Occupied Community Shopping Center

1812 Adlai Stevenson Drive, Springfield, IL 62703

$1,575,266
32,080 sqft 2.35 AC lot

32,080-square-foot community retail center in Springfield with 10 long-term tenants and below-average in-place rents.

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Downtown Springfield Commercial Building For Sale
Downtown Springfield Commercial Building For Sale

600 E ADAMS Street, Springfield, IL 62701

$1,330,000
15,000 sqft 0.12 AC lot

Well-kept building in ideal downtown location with leased floors.

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Springfield Strip Mall For Sale
Springfield Strip Mall For Sale

2940 CONSTITUTION Drive, Springfield, IL 62704

$2,500,000
2.97 AC lot

Strip mall in high-traffic location with reliable tenants.

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Well-Maintained Office Building
Well-Maintained Office Building

801 S Durkin Drive, Springfield, IL 62704

$650,000
91.00 AC lot

Move-in ready office building with private offices, conference rooms, and ample on-site parking.

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Standalone Restaurant with Dual Patios
Standalone Restaurant with Dual Patios

11055 W Roosevelt Road, Westchester, IL 60154

$2,200,000
3,500 sqft 0.25 AC lot

Newer 2021-built restaurant on an 11,000 SF lot with roughly 25 parking spaces and two outdoor dining patios.

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Versatile Commercial Property in Springfield
Versatile Commercial Property in Springfield

2505 E COOK Street, Springfield, IL 62703

$175,000
5,400 sqft 1.33 AC lot

5,400 SF building with fenced yard and additional storage.

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Turnkey Standalone Restaurant Building
Turnkey Standalone Restaurant Building

11055 W Roosevelt Road, Westchester, IL 60154

$1,500,000
0.25 AC lot

Newer standalone restaurant with high-visibility signage, parking, and two outdoor patios on a busy corridor.

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Restaurant & Entertainment Venue
Restaurant & Entertainment Venue

517 S 4TH Street, Springfield, IL 62701

$699,000
9,000 sqft

Turnkey restaurant with commercial kitchen hoods, bar lounge, and patio, plus private 125-person lower-level room.

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Warehouse & Flex Distribution Facility
Warehouse & Flex Distribution Facility

3350 Koke Mill Road, Springfield, IL 62711

$2,600,000
3.66 AC lot

Fenced warehouse flex space with refreshed office, 61 parking spaces, and recent warehouse lighting and safety upgrades.

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Indoor Trampoline Entertainment Facility
Indoor Trampoline Entertainment Facility

3454 LIBERTY Drive, Springfield, IL 62704

$2,500,000
2.39 AC lot

Well-known trampoline park with arcade, party rooms, offices, and a multi-use air court for active recreation.

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Five-Unit Neighborhood Retail Strip Mall
Five-Unit Neighborhood Retail Strip Mall

2940 Constitution Drive, Springfield, IL 62704

$2,500,000
29,000 sqft

Five-unit strip mall with four currently occupied by long-standing tenants, offering established retail income.

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Class A Office Building with Elevator Access
Class A Office Building with Elevator Access

400 W MONROE Street, Springfield, IL 62704

$6,500,000
2.50 AC lot

Brick-and-steel office building with multiple elevator access, floor-level climate control, and on-site parking for 173 vehicles.

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Self-Storage and Truck Parking Property
Self-Storage and Truck Parking Property

3100 E COOK Street, Springfield, IL 62703

$975,000
3.92 AC lot

Includes a 26-unit storage facility and a newly paved semi truck parking lot at a signalized intersection.

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Remodeled Restaurant with New Equipment
Remodeled Restaurant with New Equipment

2126 S Macarthur Boulevard, Springfield, IL 62704

$475,000
2,464 sqft

Fully remodeled restaurant featuring new equipment and a new hood system on a major commercial corridor.

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Zoned Industrial Warehouse with Office
Zoned Industrial Warehouse with Office

709 N LINCOLN Avenue, Springfield, IL 62702

$225,000
0.40 AC lot

Warehouse with 300 sq ft office, fenced 3-lot site, and a 24' wide, 12' high roller door on I-1 zoning.

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Corner Retail-Office Building
Corner Retail-Office Building

1200 North 5th Street, Springfield, IL 62702

$120,000
3,372 sqft

Freestanding corner building with flexible office/retail layout and multiple ingress/egress at a signalized intersection.

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Dental Office with 5 Operatories
Dental Office with 5 Operatories

2325 W WHITE OAKS Drive, Springfield, IL 62711

$220,000
0.56 AC lot

Fully equipped dental office with five operatories, plus waiting, reception, and shared common restrooms in the lobby.

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Multi-Use Industrial and Storage Facility
Multi-Use Industrial and Storage Facility

3100 E Cook Street, Springfield, IL 62703

$975,000
1,750 sqft 3.92 AC lot

Multi-tenant site with a retail/office building, storage units, and leased semi-truck parking on a signalized intersection.

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Remodeled Restaurant with New Hood
Remodeled Restaurant with New Hood

2126 S MACARTHUR Boulevard, Springfield, IL 62704

$475,000
0.14 AC lot

Fully remodeled restaurant featuring new equipment and hood system on a high-visibility commercial corridor.

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Springfield Office Building For Sale
Springfield Office Building For Sale

1001 N Walnut St, Springfield, IL 62702

$1,087,200
14,350 sqft

Single-tenant office building leased to the State of Illinois.

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45 Acres in Springfield, IL
45 Acres in Springfield, IL

TORONTO Road, Springfield, IL 62707

$750,000
45.03 AC lot

45 acres suitable for residential or commercial development.

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Springfield, IL Commercial Real Estate Market Trends and Statistics

Explore 276 commercial real estate for sale in Springfield, IL, showcased through 276 active listings on our real estate platform. These investment opportunities span a total of 1,343,347 square feet of properties for sale, with an estimated market value of $66,194,424.

Sale prices for business properties in Springfield, IL start at $30,000, averaging $882,592, and reaching up to $7,995,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 138K
Population Growth (5Y) +1.9%
Median Household Income $70,314
College Educated 9.5%

High-Yield Neighborhoods for Investment

Identify Springfield submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
62703 $381.1K
62712 $493.5K
62702 $512.7K
62707 $635K
62701 $655.6K

Taxes & Financing

Tax Rate (average for all types) 8.64%
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Sangamon County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Springfield fall within the 100,000+ square foot range.

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