Mixed-Use

Springfield, IL Mixed-use Properties for Sale

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Grandview, IL Southern View, IL Sherman, IL Riverton, IL Rochester, IL Chatham, IL Cantrall, IL Decatur, IL
Mixed-Use Retail and Residential Property
Updated: Jun 8
Mixed-Use Retail and Residential Property

9865-9869 W Roosevelt Rd, Westchester, IL 60154

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35,870 sqft
Mixed‑use property built in 1965 with ground‑floor commercial storefronts and upper‑level residential units
Approx. 21,000 SF across two buildings at 9865–9869 W Roosevelt Rd
Includes salon suites and residential units, offering a diversified tenant mix for service and living uses
On‑site parking and partial updates, including exterior improvements and select interior renovations
Configured for a variety of tenants with ground‑floor commercial space and residential occupancy above
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Historic Springfield Mixed-Use Building
Updated: Sep 29, 2023
Historic Springfield Mixed-Use Building

206 S 6th St, Springfield, IL 62701

$500,000
21,360 sqft
Prime downtown location in a vibrant area with government, medical, and historical significance.
Leased property with existing tenants including a craft beer pub, watch company, and catering business.
Located diagonally across from the Old State Capitol Plaza with ample underground parking.
3‑story office and retail building with elevator and stairway access.
Historic building (built in 1888) with exposed brick, fireplace, and high ceilings.
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Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 2 Active listings in Springfield, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, 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.

Expansive Commercial Building on Large Lot
Expansive Commercial Building on Large Lot

3001 W LAFAYETTE Avenue, Jacksonville, IL 62650

$375,000
8,000 sqft 1.94 AC lot

8,000 sq ft building on 1.94 acres for sale.

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Multi-Building Mixed-Use Property
Multi-Building Mixed-Use Property

1111 W MORTON Avenue, Jacksonville, IL 62650

$1,890,000
3.47 AC lot

Multi-building mixed-use asset with retail, office, and residential units on 3.47 acres, updated interiors and newer roofs.

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Historic Mixed-Use Investment Opportunity
Historic Mixed-Use Investment Opportunity

160 North Merchant Street, Decatur, IL 62523

$495,000
12,480 sqft

Three-story brick building in Downtown Decatur with diversified income streams.

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Mixed-Use Property with Income Potential
Mixed-Use Property with Income Potential

334 W Main St, Decatur, IL

$800,000
14,500 sqft 0.55 AC lot

Value-add investment opportunity in Decatur's downtown commercial corridor.

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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.

Corner Commercial Land Tract
Corner Commercial Land Tract

7735 State Route 143, Edwardsville, IL 62025

$11,340,000
84.67 AC lot

84+ acre corner parcel in the I-55 corridor with utilities available at the property line.

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Mixed-Use Conversion Land Parcel
Mixed-Use Conversion Land Parcel

3733 Blackburn Road, Edwardsville, IL 62025

$950,000
11.00 AC lot

11-acre parcel near I-55 with road frontage and existing structures sold as-is for mixed-use redevelopment planning.

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Glen Avenue Commercial Development Opportunity
Glen Avenue Commercial Development Opportunity

1105 W Glen Ave, Peoria, IL 61614

$275,000
0.80 AC lot

Prime commercial land for development in Peoria's retail corridor.

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Prime Commercial Land Opportunity
Prime Commercial Land Opportunity

8215 N ALLEN Road, Peoria, IL 61615

$1,300,000
2.92 AC lot

3-acre commercial land in high-traffic Peoria area.

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Off-Market Properties in Springfield, IL

Consider similar Off-Market properties in Springfield, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

700 Grand Ave
Automotive properties

700 Grand Ave, Springfield, IL 62702

Value Estimation by Request
3,074 sqft
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Springfield, IL Mixed-Use Properties Market Trends and Statistics

Explore 3 mixed-use properties for sale in Springfield, IL on our real estate platform. These investment opportunities span a total of 21,360 square feet of properties for sale, with an estimated market value of $500,000.

Sale prices for multi use buildings in Springfield, IL start at $500,000, averaging $500,000, and reaching up to $500,000 — 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

Commercial property segments ranked by active listings on the market

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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 average listing prices of real estate assets

Neighborhood Average Price
62704 $119K
62701 $295K
62703 $717.5K

Taxes & Financing

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

Listings Trend

New vs delisted commercial listings in Sangamon County

New Delisted

Property Size Breakdown

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

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