Springfield, IL Storefront Properties for Sale

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9 properties

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Updated: Nov 7, 2025

Multi-Unit Retail Strip Center

212 W LAUREL Street, Springfield, IL 62704

$123,000

0.27 AC lot

Four separate units with all units fully rented and generating stable income
Tenants pay all utilities; owner pays trash removal and groundskeeping
Utilities include water available and public sewer
Central air cooling and natural gas forced‑air heating
Brick and vinyl siding exterior with tile and wood flooring

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Updated: Jun 8

Multi-Use Building with Parking

115 & 117 N 6TH Street, Springfield, IL 62701

$499,000

3‑level mixed‑use building with 3 long‑term occupied storefronts, 8 fully occupied individual office spaces, and three apartments
Zoned S‑3 Central Shopping District and located on Route 66 across from the Abraham Lincoln Presidential Library and Museum, near the Amtrak station
2nd floor includes a large office suite with individual office spaces, two restrooms, lobby area, office kitchen, and a very large balcony
3rd floor offers three apartments with high ceilings and individual metered utilities, plus laundry in each unit and a very large balcony
Fire sprinklers throughout and floors connected by an elevator plus stairs

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Corner Mixed-Use Commercial Building

427 MONROE Street, Springfield, IL 62701

$600,000

0.50 AC lot

Corner building offers third-floor office suites and ground-level retail and entertainment space in downtown Springfield.

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Multi-Unit Retail Building with Flat Roof

212 W Laurel Street, Springfield, IL 62704

$123,000

3,254 sqft

Four fully rented retail units in Springfield, with a flat rubber roof reported as six years old.

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Corner Retail-Office Building

1200 North 5th Street, Springfield, IL 62702

Contact for pricing

3,372 sqft

Freestanding corner building with flexible office/retail layout and multiple ingress/egress at a signalized intersection.

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Brick Retail Building Zoned B1

1106 E Ash Street, Springfield, IL 62703

$125,000

3,480 sqft

Brick commercial building available for sale, zoned B1 for flexible retail and service uses.

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Mixed-Use Retail and Residential Property

9865-9869 W Roosevelt Rd, Westchester, IL 60154

Contact for pricing

35,870 sqft

Ground-floor storefronts with upper-level residential units offer diversified space for service and living tenants.

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Mixed-Use Commercial Building

1428 N Macarthur Boulevard, Springfield, IL 62703

$40,000

3,314 sqft

Large corner-lot building with multiple structures, greenhouses, and paved parking on a B-2 zoned site.

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Mixed-Use Building with Salon

612 W South Grand Avenue, Springfield, IL 62704

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Main level has operated as a hair and nail studio, with two apartments above and finished basement income space.

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Based on your search, we've compiled 23 Potential Opportunities for your consideration. Besides 9 Active listings in Springfield, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 6 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.

Versatile Retail Flex Building

108 Mulberry Street, Chatham, IL 62629

$425,000

3,869 sqft

Property currently operates as a salon and includes substantial additional space behind for flexible reconfiguration.

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Historic Two-Level Commercial Building

156 N Dye Street, Virden, IL 62690

$35,000

3,276 sqft

Two-level commercial building totaling about 3,276 sq. ft., with matching main and second-floor space.

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Updated Strip Mall Building

602 E WALNUT Street, Chatham, IL 62629

$225,000

Strip style building offers four separate retail units with a newly installed roof.

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Historic Two-Story Commercial Building

156 N Dye Street, Virden, IL 62690

$35,000

Two-story commercial building offers equal main-level and second-floor space and is being sold as-is.

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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.

Commercial Land in Springfield, IL

1106 E ASH Street, Springfield, IL 62703

$125,000

0.12 AC lot

Commercial land for sale in Springfield, Illinois.

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Commercial Land in Springfield, IL

Park S Drive lot: 9, Springfield, IL 62703

$180,000

1.00 AC lot

Commercial land for sale in a mixed-use development.

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Chatham Commercial Lots Available

135 Independence Drive, Chatham, IL 62629

Contact for pricing

141,382 sqft 3.25 AC lot

Commercial lots for sale in rapidly growing Chatham, Illinois.

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B-3 Zoned Commercial Development Lot

353 ANN ELIZA Street, Pekin, IL 61554

$165,000

0.14 AC lot

Vacant commercial lot zoned B-3, suitable for a range of business uses in downtown Pekin.

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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.

Lifestyle centers

2939 Veterans Pkwy, Springfield, IL 62704

Value Estimation by Request

320,933 sqft 34.88 AC lot

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Individual retail properties

1413-1429 Cook St, Springfield, IL 62703

Value Estimation by Request

7,706 sqft 0.79 AC lot

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Individual retail properties

2719 Monroe St, Springfield, IL 62704

Value Estimation by Request

25,200 sqft

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Individual retail properties

3201 Horizon Dr, Springfield, IL 62703

Value Estimation by Request

6,163 sqft 1.89 AC lot

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Neighborhood centers

924 Grand Ave, Springfield, IL 62703

Value Estimation by Request

4,000 sqft

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Individual retail properties

3100 Ridge Ave, Springfield, IL 62702

Value Estimation by Request

10,640 sqft 1.38 AC lot

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Springfield, IL Storefront Properties Market Trends and Statistics

Explore 15 storefront properties for sale in Springfield, IL, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 49,290 square feet of properties for sale, with an estimated market value of $1,510,000.

Sale prices for retail units in Springfield, IL start at $40,000, averaging $251,666, and reaching up to $600,000 — 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	$40K
62702	$200K
62701	$575K
62704	$899.3K

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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