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Restaurant and Adjacent Lot
For Sale
$425,000

951 Durkin Drive, Springfield, IL 62704

Commercial Sale, Springfield, IL

Property SizeContact for details
Lot Size0.49 Acres
Days on Market537

Property Features for 951 Durkin Drive

General Information

Property type Commercial Sale
Property subtype Other
Zoning S2
Directions West Monroe to Durkin Dr - Clock Tower Complex
Standard status Active
APN 14310377004
Lot size 0.49 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description PT L 13 CLOCK TOWER VILLAGE 95.37' X 225.78
Tax Annual Amount 11911
Legal Description PT L 13 CLOCK TOWER VILLAGE 95.37' X 225.78

Utilities

Utilities Water Available
Sewer type Public Sewer
Heating system Hot Water(Heating), Natural Gas, Forced Air, Electric (Heating)
Cooling system Central Air

Building Details

Year built 1975
Floors in Building 1
Flooring type Tile, Concrete, Carpet
Building materials Wood Siding, Frame
Roof type Shake
Listing Agency: The Real Estate Group, Inc.
Listed By: Melissa Grady · License #475114067
Added: Apr 8, 2025 Changed: Sep 16 Last Checked: Sep 26 at 10:06AM
MLS# CA1035589

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 restaurant property includes a formal dining room, bar area, lounge seating, and a stage suited to live entertainment. The interior combines pub-style and table seating with concrete, carpet, and tile flooring. Central air, forced-air and hot-water heating, natural gas, and electric heating systems are present, along with a shake roof and wood-frame construction.

The offering also includes a .49-acre grassy lot with parking next door and separate tax identification for the building and lot. The additional parcel is described as suitable for a future venue, wine shop, office, or temporary event setup. The property is located at 951 Durkin Drive in Springfield, Illinois, and is served by public sewer with water available. Zoning is S2.

Key Highlights

  • Restaurant includes formal dining, a bar, lounge seating, and a stage
  • Adjacent .49 acre lot with parking and separate tax identification
  • Two tax IDs: one for the building and one for the lot

Property Analytics

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Current Use

Lime Street Cafe Restaurant

Suggested Use

Top Pick Building Supply HVAC Service Kitchen & Bath Showroom Big Box & Wholesale Store Auto Repair Shop Grocery & Convenience Store

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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

1,024
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
View Realmo Analytics

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 - Established restaurant property with dining, bar, lounge, stage, and additional land for future use.
Where is this conventional restaurant located?
The property is located at 951 Durkin Drive Springfield, IL.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Restaurant includes formal dining, a bar, lounge seating, and a stage; Adjacent .49 acre lot with parking and separate tax identification; Two tax IDs: one for the building and one for the lot
More about this property
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