Springfield, IL Retail Space for Sale

List

Map

Grandview, IL Southern View, IL Sherman, IL Rochester, IL Chatham, IL Cantrall, IL Decatur, IL Riverton, IL

17 properties

Sort:

Updated: Apr 14

Five-Unit Strip Mall

2940 CONSTITUTION Drive, Springfield, IL 62704

$2,500,000

2.97 AC lot

Five total retail units with four currently occupied
Current tenants include The Music Shoppe, Treasure Hunt Deals, The Vaporium, and Deo Gratias Food Mart
2.97‑acre commercial property
Commercial zoning
Stone and tilt‑up wall construction with metal roof

View details

Updated: Nov 7, 2025

Four-Unit Retail Storefront Property

212 W LAUREL Street, Springfield, IL 62704

$123,000

0.27 AC lot

Four separate units, all currently rented
S1 zoning permits small retail business use
0.2674‑acre property
Flat rubber roof approximately six years old
Tenants pay their own utilities

View details

Retail Space with Central Air

4234 WABASH Avenue, Springfield, IL 62711

$2,400,000

Commercial building with concrete flooring, forced-air natural gas heat, and public sewer service.

View details

See what stands out in Sangamon County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

Cap Rate available after sign in

NOI available after sign in

Local Demand available after sign in

Walgreens Drug Store

2140 N Peoria Rd, Springfield, IL 62702

$1,771,400

13,450 sqft

Established drug store property with a retail footprint suited to continued commercial use.

View details

Drive-Through Restaurant Package

1295 TORONTO Road, Springfield, IL 62707

$999,999

0.74 AC lot

A remodeled Subway franchise is paired with a three-tenant commercial building and billboard on the same parcel.

View details

Mixed-Use Property with Entertainment Space

427 MONROE Street, Springfield, IL 62701

$600,000

0.50 AC lot

Multi-level commercial building combining professional office suites, retail space, and an entertainment venue with outdoor seating.

View details

Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Historic Shopping Center with Restaurant Space

107 W COOK Street, Springfield, IL 62704

$450,000

1.30 AC lot

Brick retail center with flexible commercial areas, restaurant space, and an atrium setting in Springfield.

View details

Absolute NNN Property

3121-3173 South Dirksen Parkway, Springfield, IL 62703

$1,620,000

0.56 AC lot

Ground lease structure limits landlord obligations and includes multiple renewal options with scheduled increases.

View details

Brick Storefront Property

1106 E ASH Street, Springfield, IL 62703

$125,000

0.12 AC lot

B1 zoning, brick-and-block construction, tile flooring, and central air define this commercial space.

View details

Mixed-Use Commercial Building

3111 NORMANDY Drive, Springfield, IL 62703

$460,000

2.12 AC lot

Updated office and retail configuration with substantial on-site parking.

View details

Strip Mall with Interstate Frontage

3101 South Dirksen Parkway, Springfield, IL 62703

Contact for pricing

56,193 sqft 14.00 AC lot

Multi-tenant retail center with established retailers, a large-format vacancy, and newly executed lease commitments.

View details

Salon Storefront with Existing Buildout

1701 Adlai Stevenson Drive, Springfield, IL 62703

Contact for pricing

1,696 sqft

Renovated retail property with salon infrastructure, fixtures, parking, and a functional layout for beauty-service operations.

View details

Storefront Property with New HVAC

720 W S GRAND AVE, Springfield, IL 62704

Contact for pricing

2,150 sqft

Recent interior and building-system upgrades include new flooring, LED panel lighting, and ductwork.

View details

Multi-Tenant Strip Mall

121 E North Grand Avenue, Springfield, IL 62702

$899,000

S-2-zoned retail center near downtown Springfield and major local destinations.

View details

Operating Retail Space

1201 N 9th St, Springfield, IL 62702

Contact for pricing

1,100 sqft

Currently operating across from McDonald’s with a compact storefront format.

View details

Renovated Spa & Wellness Property

1701 STEVENSON Drive, Springfield, IL

Contact for pricing

Existing salon improvements, fixtures, parking, and business-ready infrastructure support continued beauty and personal-care use.

View details

Spacious 8,000 SF Retail Building

229 N Grand Ave W, Springfield, IL 62702

Contact for pricing

8,000 sqft

8,000 SF retail building with fenced lot for sale.

View details

Based on your search, we've compiled Potential Opportunities for your consideration. Besides 17 Active Listings in Springfield, IL, we suggest to view alternatives - similar 6 Off-Market properties to explore as potential leads.

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.

Lifestyle centers

2939 Veterans Pkwy, Springfield, IL 62704

Estimated value:

by Request

320,933 sqft 34.88 AC lot

View details

Individual retail properties

1413-1429 Cook St, Springfield, IL 62703

Estimated value:

by Request

7,706 sqft 0.79 AC lot

View details

Individual retail properties

2719 Monroe St, Springfield, IL 62704

Estimated value:

by Request

25,200 sqft

View details

Individual retail properties

3201 Horizon Dr, Springfield, IL 62703

Estimated value:

by Request

6,163 sqft 1.89 AC lot

View details

Neighborhood centers

924 Grand Ave, Springfield, IL 62703

Estimated value:

by Request

4,000 sqft

View details

Individual retail properties

3100 Ridge Ave, Springfield, IL 62702

Estimated value:

by Request

10,640 sqft 1.38 AC lot

View details

Springfield, IL Retail Space Market Trends and Statistics

Explore 23 retail space for sale in Springfield, IL, showcased through 17 active listings on our real estate platform. These investment opportunities span a total of 82,589 square feet of properties for sale, with an estimated market value of $11,948,399.

Sale prices for retail space in Springfield, IL start at $123,000, averaging $1,086,218, and reaching up to $2,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

List

Map

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
62701	$600K
62702	$899K
62707	$1000K
62703	$1M
62704	$1.8M

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.

Need Help?

Reach out if you need assistance with Realmo tools or have questions about your listings