Shopping Center

Springfield, IL Shopping Centers for Sale

Notify Me
List
Map
Grandview, IL Southern View, IL Sherman, IL
6 properties
Fully Occupied Community Shopping Center
Updated: Jun 12
Fully Occupied Community Shopping Center

1812 Adlai Stevenson Drive, Springfield, IL 62703

$1,575,266
32,080 sqft · 2.35 AC lot
32,080‑SF community retail center at 1800 Stevenson Drive in Springfield, IL.
Fully occupied, multi‑tenant center with 10 tenants spanning fitness, food & beverage, personal services, office, and entertainment.
Built in 1956 and located on a 2.35‑acre site in a dense Springfield corridor.
100% occupancy with in‑place rents averaging $6.79/SF.
Largest tenants: BLH Computers (12,080 SF, nearly 38% of total GLA) and Progressive (4,800 SF), each with long‑term occupancy.
View details
Retail Hub in Springfield, IL
Updated: Nov 24, 2025
Retail Hub in Springfield, IL

2723-2779 S 6th St, Springfield, IL

$7,220,000
1,600 sqft · 9.42 AC lot
High traffic location: 30,500 vehicles per day on 6th Street.
Excellent location in central‑south Springfield.
Easy access via stoplight on 6th Street.
Well‑balanced mix of grocery, retail, restaurant, financial, and service businesses.
Proximity to major north‑south and east‑west corridors (Business 55/S 6th Street and Stanford Ave).
View details
Restaurant-Ready Retail Building
Restaurant-Ready Retail Building

3434 Freedom Drive, Springfield, IL 62704

$1,250,000
1.32 AC lot

Restaurant-ready space in a high-visibility shopping center anchored by Super Walmart and Target.

View details
Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
Fully Leased Commercial Property
Fully Leased Commercial Property

1533-1535 Wabash Ave, Springfield, IL

$460,000
8,364 sqft · 0.58 AC lot

Fully leased commercial property in Springfield, IL with strong income.

View details
Retail Outparcel in Shopping Center
Retail Outparcel in Shopping Center

2800-2808 SW Plaza Dr, Springfield, IL

$4,095,000
11,873 sqft · 1.04 AC lot

Retail property in high-traffic location near major retailers.

View details
Historic Mixed-Use Retail Destination
Historic Mixed-Use Retail Destination

107 W Cook St & 620 S 1st St, Springfield, IL 62704

$150,000
53,423 sqft

Historic Springfield mall with retail, restaurant, and flexible spaces.

View details
Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 6 Active listings in Springfield, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 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.

Retail Property with Ample Parking
Retail Property with Ample Parking

1603 Morrissey Dr, Bloomington, IL

$900,000
23,181 sqft · 1.50 AC lot

Retail property featuring recent upgrades and high visibility.

View details
Retail Strip Center For Sale
Retail Strip Center For Sale

2004-2010 N Knoxville Ave, Peoria, IL

$2,660,000
24,879 sqft · 1.42 AC lot

23,856 SF retail strip center anchored by national tenants.

View details
Retail Storefront Property
Retail Storefront Property

1603 Morrissey Dr, Bloomington, IL 61704

Contact for pricing
13,932 sqft

Stand-alone retail building totaling 13,932 square feet, available for sale.

View details
Three-Tenant Strip Center For Sale
Three-Tenant Strip Center For Sale

2014-2016 N Knoxville Ave, Peoria, IL

$899,000
6,119 sqft · 0.84 AC lot

6,119 SF strip center on 0.84 acres, renovated in 2016.

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.

Prime Commercial Land I-55 Access
Prime Commercial Land I-55 Access

6000 S 6th Street Frontage Road, Springfield, IL 62702

$550,000
1.63 AC lot

1.63 acre commercial land near I-55 in Springfield, IL.

View details
High Profile Commercial Land Available
High Profile Commercial Land Available

150 W Courtland Avenue, Morton, IL 61550

$1,800,000
3.55 AC lot

3.55 acres of commercial land with high traffic frontage.

View details
Morton Commercial Land For Sale
Morton Commercial Land For Sale

150 W COURTLAND Avenue, Morton, IL 61550

$1,800,000
3.55 AC lot

3.55 acre commercial land with high traffic frontage.

View details
Flat Commercial Development Land
Flat Commercial Development Land

6713 GODFREY RD, Godfrey, IL 62035

$1,800,000
18.16 AC lot

Flat, utility-ready commercial land with direct access and B-5 Planned Business District zoning.

View details

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.

2939 Veterans Pkwy
Lifestyle centers

2939 Veterans Pkwy, Springfield, IL 62704

Value Estimation by Request
320,933 sqft · 34.88 AC lot
View details
1802 Grand Ave
Neighborhood centers

1802 Grand Ave, Springfield, IL 62702

Value Estimation by Request
3,985 sqft
View details
3114-3130 6Th St
Neighborhood centers

3114-3130 6Th St, Springfield, IL 62703

Value Estimation by Request
13,350 sqft
View details
924 Grand Ave
Neighborhood centers

924 Grand Ave, Springfield, IL 62703

Value Estimation by Request
4,000 sqft
View details

Springfield, IL Shopping Centers Market Trends and Statistics

Explore 10 shopping centers for sale in Springfield, IL, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 107,340 square feet of properties for sale, with an estimated market value of $13,500,266.

Sale prices for plazas in Springfield, IL start at $150,000, averaging $2,700,053, and reaching up to $7,220,000 — 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

Shopping centers 36
Storefront properties 28
Automotive properties 16
Auto shops 7
Showrooms 5

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 $150K
62703 $1.6M

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