Springfield, IL
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    Springfield, IL Live-work Space for Sale

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    Grandview, IL Southern View, IL Sherman, IL
    Versatile Commercial Building with Greenhouses
    $40,000
    6,500 SF
    Versatile Commercial Building with Greenhouses

    1428 N MACARTHUR Boulevard, Springfield, IL 62703

    B-2 zoned property suitable for commercial or residential use.
    • B‑2 zoning allows for commercial or residential use.
    • Over 6,500 square feet across multiple structures.
    • Large corner lot with generous paved parking.
    • Includes attached and detached 2‑car garages.
    • Formerly used as a flower shop with 2 greenhouses.
    Updated: Jan 20
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    Live/Work Space, Prime Location
    $115,000
    Live/Work Space, Prime Location

    1509 S MACARTHUR Boulevard, Springfield, IL 62704

    R5B zoned property ideal for small business and living.
    • R5B Zoning: Ideal for live/work small business opportunity.
    • Prime location just off MacArthur Blvd with excellent visibility and easy access.
    • Includes living quarters with 2 bedrooms, full bath, kitchen & dining room.
    • Spacious front room suitable for storefront, office, or studio.
    • Convenient rear parking for clients or deliveries.
    Updated: Apr 24, 2025
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Springfield, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Turnkey Irish Pub in Alton
    $589,000
    3,000 SF
    Turnkey Irish Pub in Alton

    Established Irish pub for sale in historic downtown Alton, Illinois.

    200 State Street, Alton, IL 62002

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    Downtown Alton Mixed-Use Property
    $275,000
    4,000 SF
    Downtown Alton Mixed-Use Property

    Mixed-use property in downtown Alton with business and living space.

    205 State Street, Alton, IL 62002

    View details
    Mixed-Use Building with Retail Space
    $475,000
    7,540 SF
    Mixed-Use Building with Retail Space

    7,540 SF mixed-use building featuring retail and live/work space.

    Saint Louis, MO

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    Renovated Mixed-Use Building in Patch
    $399,000
    3,009 SF
    Renovated Mixed-Use Building in Patch

    3,009 SF mixed-use building with live/work potential in St. Louis.

    Saint Louis, MO

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Carmel Arts District Corner Lot
    $1,495,000
    0.20 Acres
    Carmel Arts District Corner Lot

    Prime corner lot in Carmel's Arts & Design District.

    41 1st Avenue SW, Carmel, IN 46032

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    Kalamazoo Land For Sale
    $55,000
    0.16 Acres
    Kalamazoo Land For Sale

    Land zoned Live Work 1 with downtown views.

    209 E North Street, Kalamazoo, MI 49007

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    Land in Jackson Center, OH
    $59,900
    0.27 Acres
    Land in Jackson Center, OH

    Commercial land suitable for business with residential potential in Jackson Center.

    406 E Pike Street, Jackson Center, OH 45334

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    Grand Rapids Retail Opportunity
    $1,475,000
    7,316 SF
    Grand Rapids Retail Opportunity

    Retail property in growing Grand Rapids market with development potential.

    407 Turner Avenue NW, Grand Rapids, MI 49504

    View details

    Springfield, IL Live-Work Space Investment Opportunities Market Analysis

    Explore 2 live-work space for sale in Springfield, IL on our real estate platform. These investment opportunities span a total of 6,500 square feet of properties for sale, with an estimated market value of $40,000.

    Sale prices for live-work properties in Springfield, IL start at $40,000, averaging $40,000, and reaching up to $40,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Office Units 138
    Office buildings 79
    Medical Office Space 35
    Coworking space 5

    Property Size Breakdown

    The majority of commercial real estate listings in Springfield fall within the 100,000+ square foot range.

    Demographics Overview

    Population 138K
    Population Growth (5Y) +1.9%
    Median Household Income $70,314
    College Educated 9.5%

    High-Yield Neighborhoods for Investment

    Identify Springfield submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    62703 $40K
    62704 $115K

    Taxes & Financing

    Tax Rate (average for all types) 8.64%
    Average Loan-to-Value 65.0%

    Listings Trend

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