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Historic Mansion Event Venue

1500 N 5th Street Springfield, IL 62702

1500 N 5th Street, Springfield, IL, 62702
$525,000
For Sale
$525,000

National Historic Registry mansion offers event use and eight second-floor office rentals for added income.

Property Size6,850 SF
Price / SF$76.64
Days on Market74

Property Features for 1500 N 5th Street

General Information

Standard status
Active
Size
6,850 SF
Property subtype
Commercial
Listing agency Garrison Group Keller Williams
Listed by Larry Sapp
Source Craggsrealtors
Added: May 11 Updated: Jul 22 at 7:02PM Checked: Jul 22 at 7:02PM

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 Garrison Group Keller Williams


Investment Insights

Based on property information with market context.

Built in 1869, this National Historic Registry Brinkerhoff Mansion is currently operated as an events venue, with eight individual office rentals on the second floor for additional income. The property features nine fireplaces, though only one is usable and needs a new liner.

Restoration-related updates include inspection and needed repairs in 2024, with a partial roof replacement in 2025. Additional improvements reported by the owner include a south side steel basement door replacement in 2023, a water heater installed in 2022, and HVAC work in 2017. Front gutters and downspouts were replaced in 2023.

The events business and personal property are not included, but could be purchased by other agreement, and events are booked throughout 2026. The owner also pays $201.25 per month for shared mowing and snow removal with other campus owners.

Key Highlights

  • Built in 1869 and listed on the National Historic Registry
  • Currently used as an events venue and includes 8 individual office rentals on the 2nd floor
  • Recent improvements: needed inspections and repairs in 2024; partial roof replacement in 2025

Property Analytics

Location Intelligence

Current Use by Public Records

Salve Regina Counseling ... Medical Clinic Five Fold University Training Center The Brinkerhoff Mansion Hotel & Motel Studio Bliss Photography (Bike/Boat/Book/etc) Store

Suggested Use

Real Estate Agency Law Firm HVAC Service Big Box & Wholesale Store Bakery Hair Salon Auto Parts Store Grocery & Convenience Store Furniture & Home Goods Electrical Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Wedding venue - National Historic Registry mansion offers event use and eight second-floor office rentals for added income.
Where is this wedding venue located?
The property is located at 1500 N 5th Street Springfield, IL.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Built in 1869 and listed on the National Historic Registry; Currently used as an events venue and includes 8 individual office rentals on the 2nd floor; Recent improvements: needed inspections and repairs in 2024; partial roof replacement in 2025
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