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    517 S 4TH ST, Springfield, IL 62701
    517 S 4TH ST, Springfield, IL 62701
    517 S 4TH ST, Springfield, IL 62701
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    Jackie Weisenburger

    Jackie Weisenburger

    +1(217) 430-9353
    Listed by Khaled Hussein • Keller Williams Capital
    $499,900
    Est. payment /mo
    9,000 SqFt
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    UPDATED:

    Key Details

    Property Type Commercial

    Sub Type Commercial

    Listing Status Active

    Purchase Type For Sale

    Square Footage 9,000 sqft

    Price per Sqft $55

    MLS Listing ID CA1044692

    Annual Tax Amount $13,014

    Tax Year 2025

    Property Sub-Type Commercial

    Source rmlsa

    Property Description

    Prime commercial property offering an exceptional opportunity for a restaurant, entertainment venue, or redevelopment project in a highly visible location overlooking the Illinois Governor's Mansion. Designed for high-volume operations, the property includes a professional-grade kitchen with dual commercial exhaust hoods and extensive gas and electrical service. The spacious main floor accommodates approximately 118 guests, while the lower level seats an additional 125, providing an ideal setting for dining, receptions, private events, business meetings, and special occasions. A full-service bar, inviting lounge area, and outdoor patio with scenic views further enhance the guest experience. The property underwent extensive renovations in 2017, including updated HVAC, flooring, and mechanical systems, with more than $1 million invested in improvements. Offering approximately 9,000 square feet of total space, including 4,500 square feet on each level, this turnkey building is ready for immediate use. Its flexible layout and premier location also make it an excellent candidate for conversion to an event center, private club, office space, mixed-use development, or other commercial ventures. This is a rare investment opportunity combining location, versatility, and long-term value.

    Location

    State IL

    County Sangamon

    Area Springfield

    Zoning H-2

    Direction Down town 04th Street

    Interior

    Heating Natural Gas

    Cooling Central Air

    Flooring Carpet, Concrete

    Fireplace N

    Exterior

    View true

    Roof Type Membrane

    Garage 1

    Building

    Faces Down town 04th Street

    Sewer Public Sewer

    Structure Type Brick,Frame,Other

    Others

    Tax ID 14-34.0-156-023

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    Jackie Weisenburger

    Jackie Weisenburger

    +1(217) 430-9353

    Broker | License ID: 475.141177

    Broker License ID: 475.141177

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