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1577 W WABASH Avenue, Springfield, IL 62704

Sangamon County

Key Facts

5,056Sq Ft

Description

Commercial building available for retail or restaurant with large gaming room. Completely rebuilt in 2007. Building features two dining rooms, a large center bar, gaming room, manager's office, and a private upper level office suite with kitchenette and full bathroom. There are 3 parcels of land on approximately a 1/2 acre including the overflow parking lot across Leonard Street.

Property Information

Property Type

Commercial Sale

Living Area

5,056 sq ft

Lot Dimensions

80 x 180

Zoning

B-1

Days on Market

2231

MLS® Listing#

CA999276

Property Features

Cooling:
Central Air
Heating:
Forced Air
Flooring:
Tile
Lot Features:
Corner Lot
Construction:
Frame, Vinyl Siding
Roof:
Composition, Shingle
Sewer:
Public Sewer

HOA & Tax

HOA:
Yes
Annual Tax:
$27,729 (2024)
Parcel #:
22080178020

Directions

On corner of Wabash and Leonard in Jerome.

Affordability Calculator

$90,000

Estimated monthly payment

$2,395/mo

Principal $360,000 · Est. interest $502,232 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Springfield, IL

$236,170
Median Listing Price
35
Median Days on Market
1,978
Median Sq Ft
$121
Median Price / Sq Ft
165
Active Listings
  • This home’s price is 91% above the area median.
  • Its price per sq ft is 27% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Springfield, IL.

Location

  • 1577 W WABASH Avenue, Springfield, IL 62704

Nearby Schools

  • Sandburg Elementary School

    Elementary · 0.6 mi away

  • Franklin Middle School

    Secondary · 0.7 mi away

  • Christ the King School

    School · 0.8 mi away

  • Butler Elementary School

    Elementary · 1.4 mi away

  • Black Hawk Elementary School

    Elementary · 1.4 mi away

  • Blessed Sacrament School

    School · 1.5 mi away

  • Early Learning Center

    School · 1.5 mi away

  • Southern View Elementary School

    Elementary · 1.8 mi away

  • Springfield Learning Academy

    School · 1.9 mi away

  • Lawrence Education Center

    Secondary · 1.9 mi away

  • Owen Marsh Elementary

    Elementary · 1.9 mi away

  • Our Saviors Lutheran School

    School · 2.0 mi away

  • Little Flower Catholic School

    School · 2.1 mi away

  • Harvard Park Elementary School

    Elementary · 2.1 mi away

  • Goddard School

    School · 2.1 mi away

  • Graham Elementary School

    Elementary · 2.3 mi away

  • Lindsay Elementary School

    Elementary · 2.3 mi away

  • Trinity Lutheran School

    Elementary · 2.4 mi away

  • U S Grant Middle School

    Secondary · 2.4 mi away

  • Springfield Public Schools - District 186

    Secondary · 2.4 mi away

Commute Calculator

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EXIT Agents in Springfield

Listing Courtesy: The Real Estate Group, Inc. - Offc: 217-787-7000

Presented by: Megan M Pressnall

Based on information submitted to the MLS GRID as of 2020-04-24. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by Capital Area Association of Realtors. MLS® Listing#CA999276. © 2026EXIT Realty®. All rights reserved.