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Freestanding Restaurant with Highway Frontage
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2696 S DIRKSEN PKWY, Springfield, IL 62702

B-1-zoned property offers substantial parking, prominent signage, and access to a signalized intersection.

Property Size7,468 SF
Lot Size1.75 Acres
Days on Market10

Property Features for 2696 S DIRKSEN PKWY

General Information

Standard status Active
Size 7,468 SF
Total Parking Spaces 114
Lot size 1.75 Acres
Property subtype Retail
Zoning B-1

Site & Location

Frontage 185 ft
Pylon Signage Yes
Highway Access Yes
Road Access Yes

Amenities

access easements to stoplight via Horizon Drive

Building Details

Buildings 1
Units 1
Listing Agency: Citadel Property Advisors
Listed By: Brenton Schrader · License #IL 471021025
Source: Crexi
Added: Aug 26 Changed: Sep 3 Last Checked: Sep 3 at 2:22AM

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 Citadel Property Advisors

Investment Insights

Based on property information with market context.

This freestanding restaurant building contains 7,468 SF on a 1.75-acre parcel, with approximately 185 feet of frontage along S. Dirksen Parkway. The property includes 114 on-site parking spaces and pole signage positioned on Dirksen and I-172. B-1 Highway Business zoning supports retail, restaurant, automotive, and other commercial uses.

Access easements connect the site to a stoplight via Horizon Drive. The property is near the Springfield Convention Center and the I-72 interchange, where more than 1,300 hotel rooms are located nearby.

Key Highlights

  • 7,468 SF freestanding restaurant building
  • 1.75‑acre parcel with approximately 185 feet of S. Dirksen Parkway frontage
  • 114 on‑site parking spaces

Property Analytics

Current Use

Red Lobster Restaurant

Suggested Use

Top Pick Law Firm Hair Salon Garden Center Storage Facility Plumbing Service Dental Office

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

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

219
Businesses Nearby
Balanced
Demand for This Use

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?
Conventional restaurant - B-1-zoned property offers substantial parking, prominent signage, and access to a signalized intersection.
Where is this conventional restaurant located?
The property is located at 2696 S DIRKSEN PKWY Springfield, IL.
What are key features of this property?
This property features: 7,468 SF freestanding restaurant building; 1.75‑acre parcel with approximately 185 feet of S. Dirksen Parkway frontage; 114 on‑site parking spaces
(312) 458-4392 Call to check price and availability
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