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Three-Story Restaurant Building
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620 S 1st Street, Springfield, IL 62704

Historic hospitality property with two bars, a full kitchen, and furniture and fixtures conveyed as-is.

Space Size7,000 SF
Days on Market518

Property Features for 620 S 1st Street

General Information

Standard status Active
Size 7,000 SF
Net Rentable 7,000 SF
Lease Type Net
Lease Term Years - 5

Space & Availability

Available Space 7,000 SF
Contiguous Space 7,000 SF
Furnished Yes

Taxes and HOA fees

Annual Taxes $3,507

Building Details

Building Size 7,007 SF
Stories 3
Listing Agency: The Real Estate Group, Inc.
Listed By: Dan Sperry · License #475118029
Source: Shawneehillsrealestate
Added: Mar 13, 2025 Changed: Aug 9 Last Checked: Aug 11 at 2:58PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Real Estate Group, Inc.

Investment Insights

Based on property information with market context.

The property is a three-level restaurant building measuring 7,007 square feet, with two bars and a full kitchen. Furniture and fixtures are included in the offering on an as-is basis. The structure originated as a carriage house in the 1800s and has previously accommodated restaurant operations.

Located at 620 S 1st Street in Springfield, the building sits less than a block from the Statehouse. Its existing restaurant configuration and hospitality-oriented improvements provide a substantial physical base for continued restaurant use.

Key Highlights

  • 7,007‑square‑foot restaurant building with 3 floors
  • 2 bars and a full kitchen
  • Structure originated as a carriage house in the 1800s

Property Analytics

Current Use

FGJI Limited Food Processing Plant vival Corporate Office

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Storage Facility Catering Service Pet Grooming Service Bakery

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

2,970
Businesses Nearby
Under-served
Demand for This Use

Demographics for 62704, IL

39,157
Population
20,706
Households
1.9
Avg Household Size
40
Median Age
42%
College-Educated
95%
High-School Grad
12.2 sq mi
ZIP Area
3,210
Density / Sq Mi
$66,352
Median Household Income
$44,793
Median Earnings
$924
Median Rent
$166,900
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Historic hospitality property with two bars, a full kitchen, and furniture and fixtures conveyed as-is.
Where is this conventional restaurant located?
The property is located at 620 S 1st Street Springfield, IL.
What are key features of this property?
This property features: 7,007‑square‑foot restaurant building with 3 floors; 2 bars and a full kitchen; Structure originated as a carriage house in the 1800s
More about this property
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