Historic Mixed-Use
For Sale
$139,900
518 E CAPITOL Avenue, Springfield, IL 62701
Commercial Sale, Springfield, IL
Property SizeContact for details
Days on Market312
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
Active
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
Brick, Wood Siding
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 13
Last Checked: Sep 14 at 6:06PM
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.
The Virgil Hickox House is a historic mixed-use property built in 1837, with Italianate character and a documented history of residential, club, speakeasy, bar, and restaurant use. Construction includes brick and wood siding, while interior flooring consists of wood, concrete, and tile. The building includes an upper residential or home portion that requires cleanout and extensive repairs, with original elements remaining in place.
Located at 518 E CAPITOL Avenue in Springfield, the property is within the 62701 postal area and carries S-3 zoning. Natural gas heating, a flat roof, and public sewer service are present. The property’s prior commercial use and surviving historic features provide a foundation for restoration-oriented redevelopment, subject to applicable approvals and renovation requirements.
Located at 518 E CAPITOL Avenue in Springfield, the property is within the 62701 postal area and carries S-3 zoning. Natural gas heating, a flat roof, and public sewer service are present. The property’s prior commercial use and surviving historic features provide a foundation for restoration-oriented redevelopment, subject to applicable approvals and renovation requirements.
Key Highlights
- Historic property built in 1837
- S‑3 zoning in Springfield, IL
- Brick and wood siding with Italianate architectural character
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 - Italianate brick and wood-sided property with restaurant history, original architectural elements, and public sewer service.
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 $139,900.
What are key features of this property?
This property features: Historic property built in 1837; S‑3 zoning in Springfield, IL; Brick and wood siding with Italianate architectural character
