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    Springfield, IL Strip Malls for Sale

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    Chicago, IL Grandview, IL Southern View, IL
    Springfield Commercial Package Deal
    $999,999
    0.74 Acres

    Springfield Commercial Package Deal

    1295 TORONTO Road, Springfield, IL 62707

    Remodeled Subway franchise and commercial building for sale in Springfield.

    • Package deal: Remodeled Subway franchise and 3‑tenant commercial building being sold together.
    • Strategic location adjacent to Interstate 55 and directly serving University of Illinois Springfield (UIS) and Lincoln Land Community College (LLCC).
    • Strong visibility and steady traffic.
    • Proven locations.
    • Additional income from billboard: Approximately $300 per month.
    Updated: Dec 19, 2025
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    Springfield Strip Mall For Sale
    $2,500,000
    2.97 Acres

    Springfield Strip Mall For Sale

    2940 CONSTITUTION Drive, Springfield, IL 62704

    Strip mall in high-traffic location with reliable tenants.

    • Prime location in the highly sought‑after Parkway Point Development, a thriving commercial environment.
    • Four out of five units are currently occupied by long‑standing, reliable tenants, providing immediate income.
    • High visibility and steady traffic due to proximity to major national retailers and popular local businesses.
    • Strong upside potential for increased income and property value.
    • Durable construction with stone and tilt‑up walls, and a metal roof.
    Updated: Apr 14
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    Retail Hub in Springfield, IL
    $7,220,000
    1,600 SF

    Retail Hub in Springfield, IL

    Retail spaces available in established County Market Plaza.

    2723-2779 S 6th St, Springfield, IL
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    Retail Outparcel in Shopping Center
    $4,095,000
    11,873 SF

    Retail Outparcel in Shopping Center

    Retail property in high-traffic location near major retailers.

    2800-2808 SW Plaza Dr, Springfield, IL
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    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 4 Active listings in Springfield, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

    Commercial Building in Chatham, Illinois
    $225,000

    Commercial Building in Chatham, Illinois

    Strip-style building with four units and high visibility.

    602 E WALNUT Street, Chatham, IL 62629
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    Retail Strip Center For Sale
    $2,660,000
    24,879 SF

    Retail Strip Center For Sale

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

    2004-2010 N Knoxville Ave, Peoria, IL
    View details
    Three-Tenant Strip Center For Sale
    $899,000
    6,119 SF

    Three-Tenant Strip Center For Sale

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

    2014-2016 N Knoxville Ave, Peoria, IL
    View details
    Chatham Strip Mall For Sale
    $240,000
    2,240 SF

    Chatham Strip Mall For Sale

    Strip mall in Chatham with four units and new roof.

    602 E WALNUT Street, Chatham, IL 62629
    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
    $550,000
    1.63 Acres

    Prime Commercial Land I-55 Access

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

    6000 S 6th Street Frontage Road, Springfield, IL 62702
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    Prime Commercial Land Opportunity
    $632,000
    0.88 Acres

    Prime Commercial Land Opportunity

    Corner lot suitable for restaurant, car wash, or office building.

    9499 Lewis And Clark Boulevard .88 Acres Corner Lot, St, Louis, MO 63136
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    Prime Commercial Land Opportunity
    $999,000
    1.76 Acres

    Prime Commercial Land Opportunity

    1.76+/- acres with high visibility and access.

    9499 Lewis And Clark Boulevard, St, Louis, MO 63136
    View details
    Prime Commercial Land Opportunity
    $483,000
    0.88 Acres

    Prime Commercial Land Opportunity

    0.88+/- acre commercial property with high visibility frontage.

    9499 Lewis And Clark Boulevard .88 Acres, St, Louis, MO 63136
    View details

    Springfield, IL Strip Malls Investment Opportunities Market Analysis

    Explore 4 strip malls for sale in Springfield, IL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 13,473 square feet of properties for sale, with an estimated market value of $11,315,000.

    Sale prices for retail strips in Springfield, IL start at $4,095,000, averaging $5,657,500, 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.

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    Top Commercial Asset Segments

    Shopping centers 33
    Storefront properties 19
    Automotive properties 16
    Auto shops 7
    Parking lots & garages 6

    Property Size Breakdown

    The majority of commercial real estate listings in Springfield fall within the 10,000 to 25,000 square foot range.

    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 median listing prices of real estate assets

    Neighborhood Average Price
    62707 $1000K
    62704 $2.5M

    Taxes & Financing

    Tax Rate (average for all types) 8.64%
    Average Loan-to-Value 65.0%

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    Most Searched ZIP Codes in Springfield, IL

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