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517 S 4TH Street
Springfield IL 62701 US

$699,000

Active Listing ID CA1041484
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$699,000

Active Listing ID CA1041484
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517 S 4TH Street 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.

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Property Features

  • Facts
  • Property Type: Commercial Sale
  • Property Sub-type: Other

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 699000
  • unparsedaddress: 517 S 4TH Street
  • postalcity: Springfield
  • stateorprovince: IL
  • country: US
  • postalcode: 62701
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 39.796649
  • longitude: -89.651128
  • listagentfullname: James Skeeters
  • listagentemail: skeetersrealtors@yahoo.com
  • listagentkey: 3yd-PAARIL-CA0968
  • listagentmlsid: CA0968
  • listagentpreferredphone: 2179716775
  • listofficekey: 3yd-PAARIL-CA1220
  • listofficemlsid: CA1220
  • disclaimer: 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.
  • sourcesystemid: PAARIL
  • listingcontractdate: 2026-01-26
  • listagenturl: http://www.kwspi.com
  • countyorparish: Sangamon
  • parcelnumber: 14340156023
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -89.65113, 39.79665
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Keller Williams Capital", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"skeetersrealtors@yahoo.com", "ListBrokerageCity":"Springfield", "ListBrokerageCountry":"US", "ListBrokerageEmail":"john.kerstein@gmail.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/PAARIL/99b07c1f920611e983de0242ac11000b/20190731185544100.png", "ListBrokerageName":"Keller Williams Capital", "ListBrokeragePhone":"(217) 553-4368", "ListBrokeragePostalCode":"62704", "ListBrokerageStateOrProvince":"IL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"3171 Robbins Road", "ListBrokerageWebsiteUrl":"http://www.kwspi.com", "ListOfficeAddress1":"3171 Robbins Rd ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"CA1220", "ListOfficeCity":"Springfield", "ListOfficeCountry":"USA", "ListOfficeEmail":"john.kerstein@kw.com", "ListOfficePostalCode":"62704", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"COMMERCIAL - Springfield, IL", "ListingURL":null, "MLSModificationTimestamp":"2026-01-30 20:01:34", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":12593, "TaxDescription":"LOT 4 CHAS RIDGELY ADD & LOT55 EX NORTH WEST PT ASSRS SUB OF NE1/4 SEC 33 & PT W 1/2 NW1/4 SEC 34 1", "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 1/30/2026 9:53:45 PM GMT
Source Updated Date: 2/4/2026 6:48:34 PM GMT

Courtesy of: James Skeeters, Keller Williams Capital, skeetersrealtors@yahoo.com

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.