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Retail Space in Springfield
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1525 W JEFFERSON Street, Springfield, IL 62702

COMMERCIAL - Springfield, IL

Days on Market479

Property Features for 1525 W JEFFERSON Street

General Information

Property type Commercial Lease
Property subtype Other
Zoning B-3
Directions West Jefferson
Standard status Active
APN 14290401011

Taxes and HOA fees

Tax Year 2024
Tax Description PT NE1/4 NW1/4 SE1/4 29-16-5 (ALSO .4# WITH RES PT)
Tax Annual Amount 4322
Legal Description PT NE1/4 NW1/4 SE1/4 29-16-5 (ALSO .4# WITH RES PT)
Listing Agency: Keller Williams Capital · Keller Williams Realty
Listed By: James Skeeters · License #475097981
Added: Apr 8, 2025 Changed: May 14 Last Checked: Jul 30 at 4:06PM
MLS# CA1035592

Copyright © 2026 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This commercial space, previously used as a retail wedding dress store and a dog grooming business, offers approximately 1,250 square feet of space. The property is located between Amos and Bruns Lane, just west of downtown Springfield, Illinois. The space does not include the basement or second level. It is zoned B-3 and would be an ideal location for various small businesses. The lease is a modified gross at $1,000 per month.

Key Highlights

  • Versatile 1,250 sq ft space suitable for various small businesses.
  • Prime location between Amos and Bruns Lane, near downtown Springfield.
  • Affordable $1,000 per month modified gross lease.

Property Analytics

Current Use

Josie's jackpot Gambling House

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Restaurant Skin Care Clinic HVAC 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

Modified Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

164
Businesses Nearby

Demographics for 62702, IL

33,712
Population
17,083
Households
2
Avg Household Size
41
Median Age
20%
College-Educated
90%
High-School Grad
15.4 sq mi
ZIP Area
2,189
Density / Sq Mi
$52,748
Median Household Income
$38,160
Median Earnings
$858
Median Rent
$102,300
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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Versatile retail space near downtown Springfield, ideal for small businesses.
Where is this retail space located?
The property is located at 1525 W JEFFERSON Street Springfield, IL.
What are key features of this property?
This property features: Versatile 1,250 sq ft space suitable for various small businesses.; Prime location between Amos and Bruns Lane, near downtown Springfield.; Affordable $1,000 per month modified gross lease.
More about this property
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