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Full-Service Restaurant with Separate Bar
For Sale
$585,000

2709 S MACARTHUR Boulevard, Springfield, IL 62704

Commercial Sale, Springfield, IL

Property SizeContact for details
Days on Market394

Property Features for 2709 S MACARTHUR Boulevard

General Information

Property type Commercial Sale
Property subtype Other
Zoning B-1
Directions South on MacArthur
Standard status Active
APN 22080228094

Taxes and HOA fees

Tax Year 2024
Tax Description LOT 1 RESUBDIVISION WEST GRAND PLACE EX E 7' ROAD ROW 8-15-5 157 X 389.42
Tax Annual Amount 19268
Legal Description LOT 1 RESUBDIVISION WEST GRAND PLACE EX E 7' ROAD ROW 8-15-5 157 X 389.42
Listing Agency: Keller Williams Capital · Keller Williams Realty
Listed By: James Skeeters · License #475097981
Added: Jul 23, 2025 Changed: Aug 19 Last Checked: Aug 20 at 2:06PM
MLS# CA1038038

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 full-service restaurant includes a dedicated dining area separated from a full-service bar with booths designed for two. The property recently underwent a soft closure, while the existing restaurant and bar configuration may support a relatively quick reopening for an experienced operator. Its layout accommodates both meal service and cocktails within the same commercial setting.

Positioned on South MacArthur Boulevard in Springfield, the property is approximately one mile north of the new sports complex and Scheels Sporting Goods. More than 100 apartments are located next to the restaurant, with numerous additional rooftops in the surrounding area. The property carries B-1 zoning and is offered for sale.

Key Highlights

  • Separate dining room and full‑service bar with booths for two
  • Restaurant recently experienced a soft closure
  • Approximately one mile north of the new sports complex and Scheels Sporting Goods

Property Analytics

Current Use

Fritz's Restaurant aka ... Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Daycare Center Dental Office Bakery

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
Paved road access

Location Intelligence

Trade Area within ½ mile

620
Businesses Nearby
Under-served
Demand for This Use

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

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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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 - Distinct dining and bar areas support restaurant and cocktail service in a B-1-zoned property.
Where is this conventional restaurant located?
The property is located at 2709 S MACARTHUR Boulevard Springfield, IL.
What is the asking price?
The asking price for this property is $585,000.
What are key features of this property?
This property features: Separate dining room and full‑service bar with booths for two; Restaurant recently experienced a soft closure; Approximately one mile north of the new sports complex and Scheels Sporting Goods
More about this property
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