Springfield, IL Specialty Properties for Sale

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Grandview, IL Southern View, IL Sherman, IL

15 listings

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$420,000

2,400 SF

Corner Retail Brick Building

1551 Westchester Boulevard, Westchester, IL 60154

Brick corner building with ample parking and updated roof, suited for retail, restaurant, or medical use.

2400 SF corner brick building with ample parking spaces near Mannheim & Cermak Rd, with easy access to I‑290
Sits on 4 city lots (4 pins) and offers space for a variety of business uses
Central air and concrete/sealed flooring throughout the building
Roof resurfaced in 2022
Security and fire alarm systems plus 4 automatic entry doors

Updated: Oct 20, 2025

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$199,900

Renovated Specialty Commercial Building

901 S 11TH Street, Springfield, IL 62703

Extensively renovated building with recently replaced HVAC, positioned for a straightforward move-in under B-1 zoning.

2,900 SF building with forced air heating and central air conditioning
Both A/C units recently replaced
B‑1 zoning and ready for a new user with no renovations noted as needed
Extensively renovated by Capitol Township
Utilities: water available; sewer: public sewer

Updated: Jan 27

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$295,000

Historic Italianate Mixed-Use Building

Italianate historic structure built in 1839, currently needing cleanout and repairs for the upper portion.

518 E CAPITOL Avenue, Springfield, IL 62701

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$699,000

9,000 SF

Restaurant and Entertainment Venue

Exceptional venue with front-row views and extensive updates.

517 North 4th Street, Springfield, IL 62702

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$2,860,000

5,100 SF

IHOP NNN Lease Investment Opportunity

NNN leased IHOP with established sales and rental increases.

4001 Wabash Ave, Springfield, IL

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Prime Springfield Commercial Land Opportunity

$1,300,000

0.00 Acres

Prime Springfield Commercial Land Opportunity

20+/- acre commercial property in a rapidly developing area.

4234 WABASH Avenue, Springfield, IL 62711

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Versatile Commercial Building with Greenhouses

$40,000

6,500 SF

Versatile Commercial Building with Greenhouses

B-2 zoned property suitable for commercial or residential use.

1428 N MACARTHUR Boulevard, Springfield, IL 62703

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$425,000

Dog Grooming and Daycare Business

Successful dog grooming and daycare business opportunity near downtown Springfield.

235 N English Avenue, Springfield, IL 62702

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Westchester Restaurant Property For Sale

$1,529,500

2,456 SF

Westchester Restaurant Property For Sale

NNN investment opportunity with a long-term lease.

9950 W Roosevelt Rd, Westchester, IL

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Freestanding Hardee's Restaurant Investment

$1,993,800

4,917 SF

Freestanding Hardee's Restaurant Investment

NNN investment opportunity: 4,917 SF Hardee's on 1.38 acres.

600 W Jefferson St, Springfield, IL 62702

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Dollar General Store Investment Opportunity

$2,700,000

21,843 SF

Dollar General Store Investment Opportunity

Two Dollar General stores in Illinois and Michigan for sale.

2015 N Grand Ave E, Springfield, IL

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$1,850,000

31,000 SF

Spacious Springfield Facility For Sale

31,000 sq ft facility in Springfield, Illinois.

805 Chatham Road, Springfield, IL 62704

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Arlington Heights Freestanding Commercial Building

$1,399,000

12,320 SF

Arlington Heights Freestanding Commercial Building

Freestanding 12,320 SF building with open floor plan.

1000 W Northwest Hwy, Arlington Heights, IL 60004

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$299,000

3,500 SF

Springfield Office Building For Sale

Office building near downtown Springfield with expansion potential.

1227 S 9th St, Springfield, IL 62703

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$540,000

Springfield Commercial Property For Sale

Commercial property available in Springfield, Illinois.

820 Converse Avenue, Springfield, IL 62702

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Based on your search, we've compiled 31 Potential Opportunities for your consideration. Besides 15 Active listings in Springfield, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 8 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.

$4,250,000

247,000 SF

Lincoln, IL Commercial Building

247,000 sq ft building with docks and drive-ins.

1119 N Kickapoo Street, Lincoln, IL 62656

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Versatile Commercial Property in Decatur, IL

$595,000

14,000 SF

Versatile Commercial Property in Decatur, IL

Spacious 14,000+ sq ft property on 8+ acres.

2882 N Dinneen St, Decatur, IL 62526

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$3,470,000

12,918 SF

Walgreens on Illinois Route 48

Net-leased Walgreens in Decatur, Illinois, a durable investment opportunity.

1311 IL-48, Decatur, IL 62526

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$149,900

4,454 SF

Commercial Property on Hickox Drive

Commercial property available for sale, showings begin after December 10.

725 Hickox Drive, Lincoln, IL 62656

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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.

$1,240,000

12.40 Acres

Bethalto Commercial Land For Sale

12.4-acre commercial land suitable for various development projects.

705 S Moreland, Bethalto, IL 62010

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$600,000

47.04 Acres

Prime Commercial Land Opportunity

47 acres of B-3 zoned land near major highways.

0 State Route 111 Road, Wood River, IL 62095

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$600,000

47.04 Acres

47 Acres Commercial Land Opportunity

47 acres of commercial land near major highways.

0 State Route 111 Road, Wood River, IL 62095

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Income-Producing Property with Event Center

$370,000

0.12 Acres

Income-Producing Property with Event Center

Mixed-use property featuring office, event center, and garage.

7954 N Broadway, St, Louis, MO 63147

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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.

Multifamily properties

1,200 SF

Value Estimation by Request

10351 Dickens St, Westchester, IL 60154

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Specialty properties

55,640 SF

Value Estimation by Request

251 4Th St, Springfield, IL 62701

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Specialty properties

Value Estimation by Request

2200 Hilton Head Dr, Springfield, IL 62702

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Specialty properties

Value Estimation by Request

6th St Frontage St, Springfield, IL 62703

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Specialty properties

Value Estimation by Request

3501 Cockrell Ln, Springfield, IL 62711

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Specialty properties

Value Estimation by Request

2430 Grand Ave, Springfield, IL 62703

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Individual retail properties

10,640 SF Lot: 1.38 Acres

Value Estimation by Request

3100 Ridge Ave, Springfield, IL 62702

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Specialty properties

Value Estimation by Request

Lots 65&66 Pkwy Pointe Development Dr

0 Lots 65&66 Pkwy Pointe Development Dr, Springfield, IL 62704

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Springfield, IL Specialty Properties Investment Opportunities Market Analysis

Explore 23 specialty properties for sale in Springfield, IL, showcased through 15 active listings on our real estate platform. These investment opportunities span a total of 99,036 square feet of properties for sale, with an estimated market value of $13,790,300.

Sale prices for properties in Springfield, IL start at $40,000, averaging $1,379,030, and reaching up to $2,860,000 — 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
62703	$169.5K
62701	$295K
62702	$914.5K
62711	$1.3M
62704	$1.9M

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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Springfield, IL Specialty Properties for Sale

1551 Westchester Boulevard, Westchester, IL 60154

901 S 11TH Street, Springfield, IL 62703

518 E CAPITOL Avenue, Springfield, IL 62701

517 North 4th Street, Springfield, IL 62702

4001 Wabash Ave, Springfield, IL

4234 WABASH Avenue, Springfield, IL 62711

1428 N MACARTHUR Boulevard, Springfield, IL 62703

235 N English Avenue, Springfield, IL 62702

9950 W Roosevelt Rd, Westchester, IL

600 W Jefferson St, Springfield, IL 62702

2015 N Grand Ave E, Springfield, IL

805 Chatham Road, Springfield, IL 62704

1000 W Northwest Hwy, Arlington Heights, IL 60004

1227 S 9th St, Springfield, IL 62703

820 Converse Avenue, Springfield, IL 62702

Opportunities in Nearby Cities

1119 N Kickapoo Street, Lincoln, IL 62656

2882 N Dinneen St, Decatur, IL 62526

1311 IL-48, Decatur, IL 62526

725 Hickox Drive, Lincoln, IL 62656

Potential Development Sites for Consideration

705 S Moreland, Bethalto, IL 62010

0 State Route 111 Road, Wood River, IL 62095

0 State Route 111 Road, Wood River, IL 62095

7954 N Broadway, St, Louis, MO 63147

Off-Market Properties in Springfield, IL

10351 Dickens St, Westchester, IL 60154

251 4Th St, Springfield, IL 62701

2200 Hilton Head Dr, Springfield, IL 62702

6th St Frontage St, Springfield, IL 62703

3501 Cockrell Ln, Springfield, IL 62711

2430 Grand Ave, Springfield, IL 62703

3100 Ridge Ave, Springfield, IL 62702

0 Lots 65&66 Pkwy Pointe Development Dr, Springfield, IL 62704

Springfield, IL Specialty Properties Investment Opportunities Market Analysis

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Property Size Breakdown

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