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Ground-Level Bar and Pub Space
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427 MONROE Street, Springfield, IL 62701

COMMERCIAL - Springfield, IL

Space Size6,000 SF
Lot Size0.50 Acres
Days on Market643

Property Features for 427 MONROE Street

General Information

Property type Commercial Lease
Property subtype Other
Zoning S-3
Directions Northwest corner of 5th and Monroe
Standard status Active
APN 14340107051
Lot size 0.50 Acres

Taxes and HOA fees

Tax Annual Amount 20562

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air

Amenities

outdoor seating areas
bars
stage

Building Details

Floors in Building 4
Flooring type Tile, Carpet
Building materials Brick, Frame
Roof type Membrane
Listing Agency: The Real Estate Group, Inc.
Listed By: Curtis Tillett · License #475089421
Added: Nov 15, 2024 Changed: Aug 4 Last Checked: Aug 20 at 9:06PM
MLS# CA1033142

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.

Ground-level bar and pub entertainment space available at 427 Monroe Street in Springfield. The space is configured as an open-floor-plan entertainment area with 6,000 sq. ft., including two bars, a stage, and two outdoor seating areas. It can be divided, with two separate bar areas.

The property is located at the corner of 5th and Monroe. Construction materials include brick and frame, and the space features tile and carpet flooring. Heating is forced air with central air cooling, with public sewer and a membrane roof.

The zoning is S-3, supporting use as a bar/entertainment concept within a downtown commercial environment.

Key Highlights

  • 6,000 sq. ft. entertainment space with an open floor plan
  • Two bars plus a stage for live or event‑style programming
  • Two outdoor seating areas

Property Analytics

Current Use

Brown Management Corp. Business Management Consultant Coldwell Banker Commercial ... Real Estate Agency Upper Echelon Marketing ... Advertising Agency Veloxinet Telecommunications Service Kristi Mitchell Photography Photography Service

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Storage Facility HVAC Service Auto Parts Store Building Supply

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

3,451
Businesses Nearby
Well-served
Demand for This Use

Demographics for 62701, IL

1,354
Population
832
Households
1.6
Avg Household Size
36
Median Age
35%
College-Educated
86%
High-School Grad
0.4 sq mi
ZIP Area
3,385
Density / Sq Mi
$32,444
Median Household Income
$31,472
Median Earnings
$667
Median Rent

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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Similar Off Market Nearby

  • Rawls Lounge 1231 E Cook St, Springfield, IL 62703
  • The Blueprint Bar & Grill 816 S 11th St, Springfield, IL 62703
  • Mac's Lounge 1231 E Cook St, Springfield, IL 62703
  • Unique's Bar & Grill 1231 E Cook St, Springfield, IL 62703
  • Boone's 301 W Edwards St, Springfield, IL 62704

Frequently Asked Questions

What type of property is this?
Bar & Pub - Ground-level entertainment space with an open layout, two bar areas, and S-3 zoning in downtown Springfield.
Where is this bar & pub located?
The property is located at 427 MONROE Street Springfield, IL.
What are key features of this property?
This property features: 6,000 sq. ft. entertainment space with an open floor plan; Two bars plus a stage for live or event‑style programming; Two outdoor seating areas
More about this property
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