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723 N Bruns Lane, Springfield, IL 62702

COMMERCIAL - Springfield, IL

Days on Market1138

Property Features for 723 N Bruns Lane

General Information

Property type Commercial Lease
Property subtype Other
Zoning B-1
Directions W Jefferson to Bruns Lane
Standard status Active
APN 14290152049

Utilities

Sewer type Public Sewer
Listing Agency: Keller Williams Capital · Keller Williams Realty
Listed By: James Skeeters · License #475097981
Added: Jun 19, 2023 Changed: May 12 Last Checked: Jul 30 at 5:06PM
MLS# CA1022934

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 commercial space is located just off W. Jefferson in a well-lit commercial strip center. On-site parking is available. The location is approximately 5 minutes from downtown Springfield and 10 minutes from I55 or I72. The space features a mostly open concept layout, along with a storage room and an ADA-compliant restroom. A large standard sign is available with space for advertising. The lease is a modified gross lease. The property is located at 723 N Bruns Lane, Springfield, IL 62702 and is zoned B-1.

Key Highlights

  • Convenient location: 5 minutes from downtown, 10 minutes to I55 and I72.
  • Ample on‑site parking in a well‑lit commercial strip center.
  • Mostly open concept layout.

Property Analytics

Current Use

Apple and Alice Creations Event Planning

Suggested Use

Top Pick Dental Office Real Estate Agency Kitchen & Bath Showroom HVAC Service (Bike/Boat/Book/etc) Store Garden Center

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

Modified Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

116
Businesses Nearby

Demographics for 62702, IL

33,712
Population
17,083
Households
2
Avg Household Size
41
Median Age
20%
College-Educated
90%
High-School Grad
15.4 sq mi
ZIP Area
2,189
Density / Sq Mi
$52,748
Median Household Income
$38,160
Median Earnings
$858
Median Rent
$102,300
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?
Retail space - Well-lit commercial space with parking, near downtown Springfield.
Where is this retail space located?
The property is located at 723 N Bruns Lane Springfield, IL.
What are key features of this property?
This property features: Convenient location: 5 minutes from downtown, 10 minutes to I55 and I72.; Ample on‑site parking in a well‑lit commercial strip center.; Mostly open concept layout.
More about this property
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