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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Janet Arns

Janet Arns

+1(217) 617-0751
Listed by JamesJ Skeeters • Keller Williams Capital
$699,000
Est. payment /mo
9,000 SqFt
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Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 9,000 sqft

Price per Sqft $77

MLS Listing ID CA1041484

Annual Tax Amount $12,592

Tax Year 2025

Property Sub-Type Commercial

Source rmlsa

Property Description

Exceptional restaurant and entertainment venue with front-row views of the Governor's Mansion. This impressive property features a chef's kitchen setup equipped with two large commercial hoods and ample gas and electric hookups ready to accommodate a full range of kitchen equipment. The main dining area seats 118 guests, complemented by a private lower-level party room with 125-person occupancy—ideal for banquets, meetings, or private events. Guests can also enjoy a beautiful bar and lounge area, along with a scenic outdoor dining patio offering one of the best views in the area. Nearly everything was updated in 2017, including HVAC, flooring, and mechanicals. Owners have invested over $1 million in property improvements and renovations, creating a turnkey opportunity for restaurateurs or investors. This property is also well-suited for a private club, event venue, or redevelopment into offices, mixed-use, or other commercial applications. A rare opportunity offering versatility, value, and a premier location. The total approximate sq feet is 9,000 sq ft, the main level is 4,500 sq ft, and the lower level is also 4,500 sq ft. The finished lower level is approximately 1,652 sq ft. One of the owners is a licensed realtor in Illinois.

Location

State IL

County Sangamon

Area Springfield

Zoning H-2

Direction 4th Street South of Lawrence, North of Capital.

Interior

Fireplace N

Exterior

View true

Garage 1

Building

Faces 4th Street South of Lawrence, North of Capital.

Others

Tax ID 14340156023

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Janet Arns

Janet Arns

+1(217) 617-0751

Broker | License ID: 475 130570

Broker License ID: 475 130570

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