Historic Mixed-Use
For Sale
$95,000
Pending
518 E CAPITOL Avenue, Springfield, IL 62701
Commercial Sale, Springfield, IL
Property SizeContact for details
Days on Market333
Property Features for 518 E CAPITOL Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
S-3
Directions
CAPITOL BETWEEN 5TH AND 6TH
Standard status
Pending
APN
14-34.0-176-014
Taxes and HOA fees
Tax Year
24
Tax Annual Amount
10122
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Building Details
Year built
1837
Floors in Building
3
Flooring type
Concrete, Tile, Wood
Building materials
Wood Siding, Brick
Roof type
Flat
Listing Agency:
RE/MAX Professionals · RE/MAX International
(217) 787-7215
Listed By:
Crystal Commean
(217) 685-9575
Added: Nov 6, 2025
Changed: Sep 27
Last Checked: Oct 5 at 12:06PM
MLS# CA1040399
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 Italianate-style property is identified with the Virgil Hickox House and Norb Andy’s Tabarin. Its documented uses include a private residence, the original Sangamo Club, and a bar and restaurant. The upper residential portion needs cleanout and extensive repairs, while original elements remain in place.
Located at 518 E Capitol Avenue in Springfield, the property is zoned S-3.
Located at 518 E Capitol Avenue in Springfield, the property is zoned S-3.
Key Highlights
- S‑3 zoning
- Italianate‑style architecture
- The upper residential portion requires cleanout and extensive repairs
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
3,451
Businesses Nearby
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?
Mixed-use property - The building retains Italianate architectural details and requires cleanout and extensive repairs.
Where is this mixed-use property located?
The property is located at 518 E CAPITOL Avenue Springfield, IL.
What is the asking price?
The asking price for this property is $95,000.
What are key features of this property?
This property features: S‑3 zoning; Italianate‑style architecture; The upper residential portion requires cleanout and extensive repairs
