Springfield, IL Restaurants for Sale

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Updated: Dec 23, 2025

Renovated Restaurant with Kitchen

716 E Enos Avenue, Springfield, IL 62702

$189,900

1,440 sqft

40–50‑seat restaurant configuration with dining area, bar or counter, kitchen, and two restrooms
Approximately 900‑square‑foot dining area and approximately 500‑square‑foot kitchen
Includes large kitchen equipment, tables, seating, dishware, paper supplies, and operating items
Interior, bathrooms, and roof renovated within the last 5 years or so
200 amp service, zoned cooling, and functioning dumbwaiter

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716 E Enos Avenue, Springfield, IL 62702

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Est. Cap Rate

4.5%
NOI ÷ price
Est. NOI

$9K
Annual
Mortgage

$115K
Jun 2017
Last Sold

Jul 2017
$110K

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Updated: Jul 28

3-Bay Former Golf Simulation Bar

3941 PINTAIL Drive, Springfield, IL 62711

$629,000

0.51 AC lot

New asphalt roof plus newer kitchen updates
Approximately 5,000 SF former golf simulation restaurant and bar
3 garage/truck bays for deliveries, storage, or service access
Wiring and 220V power ready for future buildout
B‑1 zoning on a 0.51‑acre lot

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Standalone Restaurant with Outdoor Patios

11055 W Roosevelt Road, Westchester, IL 60154

$1,500,000

0.25 AC lot

Newer standalone restaurant with prominent roadside signage, seasonal patio seating, and a dedicated customer parking area.

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Remodeled Restaurant with New Hood System

2126 S MACARTHUR Boulevard, Springfield, IL 62704

$459,900

0.14 AC lot

Fully remodeled conventional restaurant in Springfield with new equipment and a new hood system, plus B1/B2 zoning.

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Restaurant Building with Bar

3941 Pintail Drive, Springfield, IL 62711

$629,000

5,200 sqft

B-1 zoning, front and side parking, and updated building systems support restaurant reuse.

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Springfield Commercial Package Deal

1295 TORONTO Road, Springfield, IL 62707

$999,999

0.74 AC lot

Remodeled Subway franchise and commercial building for sale in Springfield.

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Restaurant Building with Patio

517 S 4TH Street, Springfield, IL 62701

$499,900

Restaurant building zoned H-2 with a professional kitchen, full bar, lounge, and outdoor patio for guest events.

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Mixed-Use Retail and Restaurant Property

107 W COOK Street, Springfield, IL 62704

$450,000

1.30 AC lot

Historic shopping center offers multiple retail and restaurant lease options, including atrium space and a former restaurant location.

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Standalone Restaurant with Outdoor Patios

11055 W Roosevelt Road, Westchester, IL 60154

$1,500,000

3,500 sqft 0.25 AC lot

Newer construction includes seasonal outdoor dining areas and on-site parking.

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Historic Multi-Story Restaurant Building

620 S 1ST Street, Springfield, IL 62704

$175,000

0.23 AC lot

Three-floor restaurant building features two bars and a full kitchen, with building, furniture, and fixtures offered as-is.

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Supplied Restaurant with Basement

716 Enos Avenue, Springfield, IL 62702

$184,900

Renovated restaurant space offers dining, kitchen, storage, and two restrooms for an operating food-service use.

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Two-Story Brewery Property

406 E Adams Street, Springfield, IL 62701

$240,000

3,740 sqft

Includes bars, seating, production space, and ADA restrooms across two remodeled levels.

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Historic Bar and Restaurant Building

518 E CAPITOL Avenue, Springfield, IL 62701

$149,900

S-3 zoned historic bar building with natural gas heat and public sewer service.

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Full-Service Restaurant with Separate Bar

2709 S MACARTHUR Boulevard, Springfield, IL 62704

$585,000

Distinct dining and bar areas support restaurant and cocktail service in a B-1-zoned property.

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Historic Restaurant and Bar Building

518 E Capitol Avenue, Springfield, IL 62701

$149,900

6,000 sqft

Historic Italianate property built in 1839 with existing bar/restaurant legacy, plus upper portion needing cleanout and repairs.

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Equipped Restaurant with Bar

301 W N Grand Avenue, Springfield, IL 62702

$429,900

Established restaurant infrastructure includes dining, bar, kitchen, equipment, fixtures, and parking within a flexible commercial layout.

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Restaurant with Bar, Lounge and Stage

951 Durkin Drive, Springfield, IL 62704

$425,000

Restaurant property with formal dining, bar and lounge seating, a stage for live music, and central air under S2 zoning.

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Remodeled Bar and Entertainment Venue

1220 Old Toronto Road, Springfield, IL 62712

$850,000

1.26 AC lot

Commercial-zoned bar property with a beer garden, stage, gaming, and dedicated parking areas.

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Freestanding Restaurant with Covered Parking

620 N Bruns Lane, Springfield, IL 62702

Contact for pricing

5,000 sqft 1.33 AC lot

Freestanding restaurant includes approximately 90 off-street parking spaces and a covered drop-off/pick-up area.

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Rebuilt Restaurant with Gaming Room

1577 W WABASH Avenue, Springfield, IL 62704

$450,000

The building includes two dining rooms, a bar, gaming room, and office accommodations.

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Freestanding Restaurant Building

2660 S Dirksen Pkwy, Springfield, IL 62703

Contact for pricing

7,443 sqft 2.27 AC lot

Freestanding restaurant property with substantial parking and frontage on a signalized hard-corner location.

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Freestanding Restaurant Building

2660 S DIRKSEN PKWY, Springfield, IL 62702

Contact for pricing

7,443 sqft 2.27 AC lot

Freestanding restaurant property on a signalized corner with long frontage and ample on-site parking.

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Standalone Restaurant with Dual Patios

11055 W Roosevelt Road, Westchester, IL 60154

Contact for pricing

3,500 sqft 0.25 AC lot

Newer 2021-built restaurant on an 11,000 SF lot with roughly 25 parking spaces and two outdoor dining patios.

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Two-Story Brewery and Taproom

406 East Adams Street, Springfield, IL 62701

Contact for pricing

3,740 sqft

Two-story masonry building with full unfinished basement, built-out bars, production space, and updated plumbing and electrical systems.

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Springfield, IL Restaurants Market Trends and Statistics

Explore 45 restaurants for sale in Springfield, IL, showcased through 39 active listings on our real estate platform. These investment opportunities span a total of 150,388 square feet of properties for sale, with an estimated market value of $13,552,199.

Sale prices for restaurant properties in Springfield, IL start at $149,900, averaging $564,674, and reaching up to $1,500,000 — 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

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
62702	$329.9K
62701	$409K
62704	$512.9K
62711	$629K
62712	$850K

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 10,000 to 25,000 square foot range.

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