3434 Freedom Drive, Springfield, IL 62704

Listing office The Real Estate Group Inc Show Phone

Listing date Jun 29, 2026

Source Farlowrealestateexperts

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Overview

This offering includes a restaurant-ready building that was previously operated as Bakers Square and is completely set up for a restaurant operation. The property sits on 1.32 acres and includes a lot with 76 parking spaces, supporting straightforward customer access for day-to-day service.

The site is located in Parkway Pointe, a diverse shopping center anchored by Super Walmart and Target. The center also features tenants such as Starbucks, Verizon, Aldi, and McDonald’s, along with lodging operators including Courtyard by Marriott and Fairfield by Marriott, plus Sleep Inn and Quality Inn. The property is positioned at the intersection of IL 4 and Lindbergh and at the exit of Interstate 72, providing strong visibility for passing traffic.

For operators seeking a turn-key restaurant location, the existing restaurant setup reduces the lead time associated with getting open. The combination of ample on-site parking and the center’s established tenant mix can support consistent customer flow from both regional drivers and local shoppers.

Suggested Use

Hair Salon Big Box & Wholesale Store Discount Store Grocery & Convenience Store Bar & Pub Car Rental Facility Daycare Center Veterinary Clinic HVAC Service Department Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Springfield

County

Sangamon

State

Illinois

Longitude

-89.708489

Latitude

39.747913

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FAQs

What type of property is this?

Conventional restaurant - Restaurant-ready space in a high-visibility shopping center anchored by Super Walmart and Target.

Where is this conventional restaurant located?

The property is located at 3434 Freedom Drive Springfield, IL.

What is the asking price?

The asking price for this property is $1,250,000.

What are key features of this property?

This property features: Restaurant‑ready space in a shopping center with Super Walmart and Target as anchors; High‑visibility location at the intersection of IL 4 and Lindbergh, at the exit of Interstate 72; Previously Bakers Square; completely ready for restaurant operation