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

Commercial Lease, Springfield, IL

Space Size7,000 SF
Lot Size0.23 Acres
Days on Market572

Property Features for 620 S 1ST Street

General Information

Property type Commercial Lease
Property subtype Other
Directions Cook St to 1st St.
Standard status Active
APN 14-33.0-284-024
Lot size 0.23 Acres

Taxes and HOA fees

Tax Annual Amount 3507

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air

Building Details

Floors in Building 3
Flooring type Tile, Carpet, Wood
Building materials Brick, Frame
Roof type Composition
Listing Agency: The Real Estate Group, Inc.
Listed By: Dan Sperry · License #475118029
Added: Mar 13, 2025 Changed: Sep 16 Last Checked: Oct 5 at 12:06PM
MLS# CA1035077

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.

Originating as a carriage house in the 1800s, this three-level restaurant property contains approximately 7,000 square feet, two bars, and a full kitchen. Furniture and fixtures are included in the as-is offering. Interior finishes include wood, carpet, and tile, while the building is constructed with brick and frame materials.

The property is situated less than a block from the Statehouse in Springfield. Building systems include forced-air heating, central air conditioning, a composition roof, and public sewer service. Its prior restaurant use and existing hospitality improvements provide the physical framework of the offering, subject to the as-is condition.

Key Highlights

  • Approximately 7,000 square feet across 3 floors
  • Carriage house origins dating to the 1800s
  • Two bars and a full kitchen

Property Analytics

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Current Use

FGJI Limited Food Processing Plant vival Corporate Office

Suggested Use

Top Pick Storage Facility (Bike/Boat/Book/etc) Store Carpet & Flooring Store HVAC Service Pet Grooming Service Fish Market

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

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

What type of property is this?
Conventional restaurant - Includes a full kitchen, two bars, and furniture and fixtures offered with the building 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: Approximately 7,000 square feet across 3 floors; Carriage house origins dating to the 1800s; Two bars and a full kitchen
More about this property
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