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Restaurant with Lounge and Stage
For Sale
$425,000

951 Durkin Drive, Springfield, IL 62704

Established restaurant property with dining, bar, lounge, entertainment space, and an adjoining grassy parcel.

Property Size4,548 SF
Lot Size0.49 Acres
Price / SF$93.45
Days on Market500

Property Features for 951 Durkin Drive

General Information

Standard status Active
Size 4,548 SF
Lot size 0.49 Acres
Property subtype Commercial
Zoning S2

Additional Details

Business Included Yes

Taxes and HOA fees

Annual Taxes $11,911

Building Details

Building Size 4,548 SF
Year Built 1975
Buildings 1
Listing Agency: The Real Estate Group, Inc.
Listed By: Melissa Grady · License #475114067
Source: Craggsrealtors
Added: Apr 8, 2025 Changed: Aug 20 Last Checked: Aug 20 at 1:34PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Real Estate Group, Inc.

Investment Insights

Based on property information with market context.

The property combines a restaurant business with its underlying real estate at 951 Durkin Drive in Springfield, Illinois. Built in 1975, the 4,548-square-foot facility includes a formal dining room, bar area, lounge seating, pub and table seating, and a stage for live music. The offering includes a 0.49-acre adjoining lot with parking areas and open grassy space. The building and additional lot are identified under separate tax IDs. Zoning is S2. The restaurant’s recipes are included with the ownership transfer.

Key Highlights

  • 4,548‑square‑foot restaurant building constructed in 1975
  • Formal dining room, bar, lounge, pub seating, and table seating
  • Stage for live music and entertainment

Property Analytics

Current Use

Lime Street Cafe Restaurant

Suggested Use

Top Pick Building Supply HVAC Service Kitchen & Bath Showroom Big Box & Wholesale Store Grocery & Convenience Store Plumbing Service

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

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

1,024
Businesses Nearby
Under-served
Demand for This Use

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

Market

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 - Established restaurant property with dining, bar, lounge, entertainment space, and an adjoining grassy parcel.
Where is this conventional restaurant located?
The property is located at 951 Durkin Drive Springfield, IL.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 4,548‑square‑foot restaurant building constructed in 1975; Formal dining room, bar, lounge, pub seating, and table seating; Stage for live music and entertainment
More about this property
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