Listing Agency: Retail Specialists j***@retailspecialists.com Show Phone

Listed By: Clay Craft · License #AL

Source: Crexi

Added: Apr 11 Changed: Aug 31 Last Checked: Aug 31 at 5:40AM

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Investment Insights

Based on property information with market context.

This conventional restaurant property was previously operated as a fast-food establishment. The property is located at 2901 S Grand Ave E in Springfield, Illinois 62703.

Key Highlights

• Former fast‑food restaurant use
• Located at 2901 S Grand Ave E, Springfield, IL 62703

Property Analytics

Property Profile

Current Use

Bulk Water Services Big Box & Wholesale Store

Suggested Use

Top Pick Real Estate Agency Restaurant Spa & Massage Center Gym & Fitness Center Dental Office Skin Care Clinic

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

338

Businesses Nearby

Balanced

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

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Conventional restaurant - Previously operated as a quick-service dining establishment.

Where is this conventional restaurant located?

The property is located at 2901 S Grand Ave E Springfield, IL.

What are key features of this property?

This property features: Former fast‑food restaurant use; Located at 2901 S Grand Ave E, Springfield, IL 62703