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About This Home

This 0-bedroom, 0-bathroom commercial at 517 S 4TH Street in Springfield, IL is listed for $699,000. on a N/A lot.

Agent 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.

Monthly Cost Estimate

$3,738/mo

20% down · 6.5% · 30 years

Principal$506
Interest$3,029
Insurance$204

Estimates only. Actual payments may vary.

Location

517 S 4TH Street

Springfield, IL 62701

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 517 S 4TH Street is listed at $699,000. The estimated monthly payment is $3,029 based on 20% down at 6.5% interest.

This property is listed by James Skeeters and can be reached at 2179716775 or skeetersrealtors@yahoo.com.

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JS

James Skeeters

Agent at Keller Williams Capital

(217) 971-6775

Listed by Keller Williams Capital

MLS# CA1041484· Source: listhub· Updated 74 days ago

Copyright © 2026 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

517 S 4TH Street, Springfield, IL 62701

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