Springfield, IL Strip malls for sale

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

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Updated: Aug 6

Strip Mall with Drive-Up Window

2601 STEVENSON Drive, Springfield, IL 62707

$899,000

Approximate traffic count of 33,000
3 min to the I‑55 ramp and 5 min from downtown Springfield
Four roof air units replaced in 2025
Drive‑up window installed in 2024
B‑2 zoning

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Strip Mall Near Lincoln’s Tomb

121 E N Grand Avenue, Springfield, IL 62702

$899,000

S-2-zoned retail property with a varied tenant mix near downtown Springfield.

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Scored against comparables nationwide. These are worth a look.

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Community Retail Center with 10 Tenants

1814 Adlai Stevenson Dr, Springfield, IL 62703

$1,411,576

32,080 sqft 2.35 AC lot

Fully occupied multi-tenant community retail center built in 1956 with 10 tenants and long-term anchors.

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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.

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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.

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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.

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Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 7 Active listings in Springfield, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 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.

Two-Tenant Strip Mall

757 W Pershing Rd, Decatur, IL 62526

$1,582,000

12,883 sqft

Renovated retail center with specialized office, classroom, and workforce-service improvements.

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Two-Story Strip Center

1717 R T Dunn Dr, Bloomington, IL 61701

Contact for pricing

21,468 sqft

Two-story multi-tenant strip center anchored by local services and fitness tenants.

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B-3 Zoned Strip Center

1423 E Mound Rd, Decatur, IL 62526

Contact for pricing

11,856 sqft

B-3 zoned strip center offering flexible space within a multi-tenant retail configuration.

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Retail Strip Center with Parking

1605 Morrissey Dr, Bloomington, IL 61704

Contact for pricing

23,181 sqft

Retail strip center offering visibility from Veterans Parkway and ample on-site parking, with recent upgrades to the property and lot.

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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 with Service Station

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

$550,000

1.63 AC lot

B-1-zoned land includes an existing gas and service-station structure with an NFR certificate.

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Springfield, IL Strip Malls Market Trends and Statistics

Explore 7 strip malls for sale in Springfield, IL, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 88,273 square feet of properties for sale, with an estimated market value of $7,608,575.

Sale prices for retail strips in Springfield, IL start at $899,000, averaging $1,268,095, 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.

Neighborhood	Average Price
62702	$899K
62707	$949.5K
62703	$1.4M
62704	$2.5M

Neighborhood

Average Price

62702

$899K

62707

$949.5K

62703

$1.4M

62704

$2.5M