Restaurant with
For Lease
Contact for pricing
427 MONROE Street, Springfield, IL 62701
COMMERCIAL - Springfield, IL
Property Size6,000 SF
Lot Size0.50 Acres
Days on Market622
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
Building Details
Floors in Building
4
Flooring type
Carpet, Tile
Building materials
Brick, Frame
Roof type
Membrane
Listing Agency:
The Real Estate Group, Inc.
(217) 787-7000
Listed By:
Curtis Tillett · License #475089421
(217) 553-7022
Added: Nov 15, 2024
Changed: Jul 12
Last Checked: Jul 30 at 11:06PM
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 retail entertainment space offering an open floor plan built around two bar areas. The suite includes two bars, a stage, and two outdoor seating areas, creating a setup suited for both social events and live programming. The space can be divided into separate sections based on the two distinct bar areas.
Located at the corner of 5th and Monroe in Springfield, Illinois, the property is zoned S-3.
With the presence of two separate bar zones, the layout supports flexible configuration within the overall entertainment space.
Located at the corner of 5th and Monroe in Springfield, Illinois, the property is zoned S-3.
With the presence of two separate bar zones, the layout supports flexible configuration within the overall entertainment space.
Key Highlights
- Ground level retail space available at the corner of 5th and Monroe in downtown
- 6,000 sq. ft. entertainment space with an open floor plan
- Includes 2 bars, a stage, and 2 outdoor seating areas
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
3,366
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
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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 retail space with an open floor plan, two bars, a stage, and two outdoor seating areas.
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: Ground level retail space available at the corner of 5th and Monroe in downtown; 6,000 sq. ft. entertainment space with an open floor plan; Includes 2 bars, a stage, and 2 outdoor seating areas
