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

2709 S MACARTHUR Boulevard, Springfield, IL 62704

COMMERCIAL - Springfield, IL

Days on Market373

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: May 14 Last Checked: Jul 30 at 6:06PM
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 large, full-service restaurant features a comfortable dining area separate from a full-service bar, which includes cozy booths for two. The bar offers a nostalgic atmosphere reminiscent of the early 70s. The restaurant recently experienced a soft closure and could potentially reopen in a short time. It is located on South MacArthur, approximately one mile north of the new sports complex and Scheels Sporting Goods. The property is zoned B-1 and is suitable for restaurants, retail, bars, and turn-key restaurant operations. The restaurant is situated next to over a hundred apartments and numerous rooftops, which opens up the possibility for a successful gaming operation.

Key Highlights

  • Proximity to new sports complex and Scheels Sporting Goods.
  • Full‑service restaurant with separate dining area and bar.
  • Located next to over a hundred apartments and numerous rooftops.

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.

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

Properties on Market for Restaurants in Springfield

Jan
Feb
Mar
Apr
May
Jun

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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Similar Off Market Nearby

  • Utter's Catering & BBQ — 2905 S MacArthur Blvd, Springfield, IL 62704, United States

Frequently Asked Questions

What type of property is this?
Restaurant - Restaurant with bar, near apartments and new sports complex.
Where is this 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: Proximity to new sports complex and Scheels Sporting Goods.; Full‑service restaurant with separate dining area and bar.; Located next to over a hundred apartments and numerous rooftops.
More about this property
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