Rebuilt Restaurant with Gaming
For Sale
$450,000
1577 W WABASH Avenue, Springfield, IL 62704
COMMERCIAL - Springfield, IL
Property SizeContact for details
Lot Size0.50 Acres
Days on Market2310
Property Features for 1577 W WABASH Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
B-1
Directions
On corner of Wabash and Leonard in Jerome.
Standard status
Active
APN
22080178020
Lot size
0.50 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
27729
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air
Amenities
dining rooms
center bar
gaming room
manager's office
office suite
kitchenette
full bathroom
overflow parking lot
Building Details
Floors in Building
2
Flooring type
Tile
Building materials
Frame, Vinyl Siding
Roof type
Composition
Listing Agency:
The Real Estate Group, Inc.
(217) 787-7000
Listed By:
Megan Pressnall · License #475162500
(217) 341-8323
Added: Apr 24, 2020
Changed: Aug 4
Last Checked: Aug 20 at 3:06PM
MLS# CA999276
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 conventional restaurant property was completely rebuilt in 2007 and is configured for retail or restaurant use. The interior includes two dining rooms, a centrally positioned bar, a gaming room, and a manager’s office. A private upper-level office suite adds a kitchenette and full bathroom.
The offering includes 3 parcels totaling approximately 1/2 acre, with an overflow parking lot located across Leonard Street. The property is zoned B-1 and served by public sewer. Frame construction with vinyl siding, tile flooring, forced-air heat, central air, and a composition roof complete the building profile.
The offering includes 3 parcels totaling approximately 1/2 acre, with an overflow parking lot located across Leonard Street. The property is zoned B-1 and served by public sewer. Frame construction with vinyl siding, tile flooring, forced-air heat, central air, and a composition roof complete the building profile.
Key Highlights
- Completely rebuilt in 2007
- Two dining rooms, center bar, and large gaming room
- Private upper‑level office suite with kitchenette and full bathroom
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
834
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
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Similar Off Market Nearby
- Hibachi Grill Supreme Buffet — 2309 S MacArthur Blvd, Springfield, IL 62704
Frequently Asked Questions
What type of property is this?
Conventional restaurant - The building includes two dining rooms, a bar, gaming room, and office accommodations.
Where is this conventional restaurant located?
The property is located at 1577 W WABASH Avenue Springfield, IL.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Completely rebuilt in 2007; Two dining rooms, center bar, and large gaming room; Private upper‑level office suite with kitchenette and full bathroom
