Renovated Restaurant Building with
For Sale
$499,900
517 S 4TH Street, Springfield, IL 62701
Commercial Sale, Springfield, IL
Property Size9,000 SF
Price / SF$55.54
Days on Market82
Property Features for 517 S 4TH Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
H-2
Directions
Down town 04th Street
Standard status
Active
APN
14-34.0-156-023
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
13015
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Cooling system
Central Air
Amenities
full-service bar
lounge area
Building Details
Flooring type
Concrete, Carpet
Building materials
Brick, Frame
Roof type
Membrane
Listing Agency:
Keller Williams Capital · Keller Williams Realty
(217) 303-8445
Listed By:
Khaled Hussein
(217) 801-7749
Added: Jun 25
Changed: Sep 12
Last Checked: Sep 14 at 8:06PM
MLS# CA1044692
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 two-level restaurant property offers approximately 9,000 square feet, with 4,500 square feet on each level. The building includes a professional kitchen with dual commercial exhaust hoods, substantial gas and electrical service, a full-service bar, lounge area, and outdoor patio. The main floor accommodates approximately 118 guests, while the lower level provides seating for an additional 125. Renovations completed in 2017 included HVAC, flooring, and mechanical system updates.
Located at 517 S 4TH Street in Springfield, the property overlooks the Illinois Governor's Mansion. Brick and frame construction, concrete and carpet flooring, central air, natural gas heating, public sewer, and a membrane roof are included. H-2 zoning is in place.
Located at 517 S 4TH Street in Springfield, the property overlooks the Illinois Governor's Mansion. Brick and frame construction, concrete and carpet flooring, central air, natural gas heating, public sewer, and a membrane roof are included. H-2 zoning is in place.
Key Highlights
- Approximately 9,000 square feet across two levels, with 4,500 square feet on each level
- Main floor seating for approximately 118 guests; lower level seats an additional 125
- Professional kitchen with dual commercial exhaust hoods and extensive gas and electrical service
Property Analytics
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Current Use
Lease Details
Yes
Commercial hood
Location Intelligence
Trade Area within ½ mile
3,048
Businesses Nearby
Under-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
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Two-level commercial property with a full-service bar, event-oriented layout, and H-2 zoning in Springfield.
Where is this conventional restaurant located?
The property is located at 517 S 4TH Street Springfield, IL.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Approximately 9,000 square feet across two levels, with 4,500 square feet on each level; Main floor seating for approximately 118 guests; lower level seats an additional 125; Professional kitchen with dual commercial exhaust hoods and extensive gas and electrical service
