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    Springfield, IL Wedding Venues for Sale

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    Grandview, IL Southern View, IL Sherman, IL
    Restaurant and Entertainment Venue
    $699,000
    9,000 SF

    Restaurant and Entertainment Venue

    517 North 4th Street, Springfield, IL 62702

    Exceptional venue with front-row views and extensive updates.

    • Premier location with front‑row views of the Governor’s Mansion.
    • Turnkey restaurant/entertainment venue with over $1 million in recent improvements and renovations.
    • Chef's kitchen equipped with two large commercial hoods and ample gas/electric hookups.
    • High‑capacity: Main dining area (118 seats) and private lower‑level party room (125‑person occupancy).
    • Versatile property suitable for restaurant, private club, event venue, or redevelopment (offices, mixed‑use, etc.).
    Updated: Mar 2
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    Historic Springfield Landmark For Sale
    $295,000

    Historic Springfield Landmark For Sale

    518 E CAPITOL Avenue, Springfield, IL 62701

    Iconic 1839 building, former home of Norb Andy's Tabarin.

    • Iconic historic property: The Virgil Hickox House, offering unmatched prestige.
    • Prime location in the heart of Illinois' Capital city.
    • Versatile potential: Suitable for an investment property, architectural showpiece, or historic venue.
    • Rich history: Built in 1839, served as a private home, the original Sangamo Club, Prohibition‑era speakeasy, and beloved local bar/restaurant.
    • Strong association with Abraham Lincoln through Virgil Hickox.
    Updated: Nov 6, 2025
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 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.

    Florissant Commercial Church Building
    $750,000
    13,751 SF

    Florissant Commercial Church Building

    13,751 sq ft commercial church building on 5.745 acres.

    10192 Halls Ferry Road, Florissant, MO 63136
    View details
    Expansive Commercial Building on Large Lot
    $375,000
    8,000 SF

    Expansive Commercial Building on Large Lot

    8,000 sq ft building on 1.94 acres for sale.

    3001 W LAFAYETTE Avenue, Jacksonville, IL 62650
    View details
    Historic Multi-Story Landmark Building
    $165,000

    Historic Multi-Story Landmark Building

    Three-story brick landmark with commercial kitchen and elevator, positioned for event, worship, office, or mixed-use redevelopment.

    520 W College, Jacksonville, IL 62650
    View details
    Turn-Key Event/Banquet Center Opportunity
    $1,395,000
    15,917 SF

    Turn-Key Event/Banquet Center Opportunity

    Fully operating event venue with versatile spaces and full kitchen.

    407 Dunn Rd, Florissant, MO 63031
    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.

    47 Acres Commercial Land Opportunity
    $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
    View details
    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
    View details
    Prime Lafayette Avenue Development Opportunity
    $1,100,000
    0.83 Acres

    Prime Lafayette Avenue Development Opportunity

    Architecturally striking building with vacant lots in vibrant neighborhood.

    2701-2729 Lafayette Ave, St, Louis, MO 63104
    View details
    Lafayette Avenue Development Opportunity
    $1,100,000

    Lafayette Avenue Development Opportunity

    Architecturally striking building with vacant lots in vibrant neighborhood.

    2701-2729 Lafayette Avenue, St, Louis, MO 63104
    View details

    Springfield, IL Wedding Venues Investment Opportunities Market Analysis

    Explore 2 wedding venues for sale in Springfield, IL on our real estate platform. These investment opportunities span a total of 9,000 square feet of properties for sale, with an estimated market value of $699,000.

    Sale prices for event centers in Springfield, IL start at $699,000, averaging $699,000, and reaching up to $699,000 — 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

    Day care centers 8
    NNN properties 5
    Nursery and garden centers 2
    Wedding venues 2
    1031 exchange properties 1

    Property Size Breakdown

    The majority of commercial real estate listings in Springfield fall within the 100,000+ 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
    62701 $295K
    62702 $699K

    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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