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Historic Multi-Story Restaurant Building
For Sale
$175,000

620 S 1ST Street, Springfield, IL 62704

COMMERCIAL - Springfield, IL

Property Size7,000 SF
Lot Size0.23 Acres
Price / SF$25
Days on Market526

Property Features for 620 S 1ST Street

General Information

Property type Commercial Sale
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: Aug 4 Last Checked: Aug 20 at 2:06PM
MLS# CA1035075

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.

Historic multi-story restaurant building originally began as a carriage house in the 1800s and has housed multiple restaurants. The property includes three floors, two bars, and a full kitchen. Building, furniture, and fixtures are offered as-is.

The building is located less than a block from the Statehouse. It is available for sale or lease.

The current offering includes the improvements and operating components in place, providing a ready-to-review setup for prospective buyers and tenants under an as-is condition.

Key Highlights

  • 7,000 SF, 3‑floor landmark carriage‑house structure dating to the 1800s
  • Includes 2 bars and a full kitchen
  • Building materials include brick and frame construction; roof is composition

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.

Location Intelligence

Trade Area within ½ mile

2,970
Businesses Nearby
Well-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
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Trish & Mary's Public House 107 W Cook St # A, Springfield, IL 62704
  • The Blueprint Bar & Grill 816 S 11th St, Springfield, IL 62703
  • Everything Intricate 1107 S Grand Ave E, Springfield, IL 62703
  • Boone's 301 W Edwards St, Springfield, IL 62704
  • Bourbon Street Rhythm & Ribs 1031 S Grand Ave E, Springfield, IL 62703

Frequently Asked Questions

What type of property is this?
Bar & Pub - Three-floor restaurant building features two bars and a full kitchen, with building, furniture, and fixtures offered as-is.
Where is this bar & pub located?
The property is located at 620 S 1ST Street Springfield, IL.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: 7,000 SF, 3‑floor landmark carriage‑house structure dating to the 1800s; Includes 2 bars and a full kitchen; Building materials include brick and frame construction; roof is composition
More about this property
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