# 1577 wabash, Springfield, IL 62704

> **TL;DR:** commercial, $450,000. Est. $1,950/mo. Listed 19 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $450,000 |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 19 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,950 |
| **Total** | **$1,950** |

## Description

### Agent Description
Online Auction   Auction Details - Don't miss your opportunity to bid on this premier Springfield asset.  Online Auction Date/Time: Wednesday, June 10th 2026, at 6:00 PM  Inspection Date/Time: Monday, June 8th 2026 from 3:30 PM - 5:00 PM  Location: 1577 Wabash Ave. Springfield, IL  Prime Commercial Opportunity: Previously Barrel Head Restaurant and Bar   Seize the chance to own a high-visibility, commercial property located at 1577 Wabash Ave, Springfield, IL. Known locally as "The Barrel Head," this strategically positioned venue offers an exceptional layout designed for high-volume hospitality and entertainment.    Property Highlights  Strategic Location: Situated on a high-traffic corner lot, ensuring maximum exposure and easy accessibility for your patrons.  Versatile Floor Plan: Spanning over 5,000 sq. ft., the facility features a spacious bar area, dual dining sections, and a dedicated game room to maximize revenue streams.  Professional Infrastructure: Includes a large, well-organized kitchen, a dedicated dish room, a walk-in cooler, and private office space.  Turnkey Potential: The building is purpose-built for restaurant or tavern operations, featuring distinct entryways and well-appointed restroom facilities.   Parcel #s 22-08.0-178-020, 22-08.0-156-039, & 22-08.0-178-021  Additional Photos and information coming soon.    NOBODY IS EVER ALLOWED ON A PROPERTY UNLESS THEY ARE WITH A REALTOR, THE AUCTIONEER, OR ATTENDING A PUBLIC OPEN HOUSE.                Terms: $15,000 Earnest Money with remaining balance due to closing.     If financing is required, please have pre-approved, Sale of Property is not subject to financing             No Buyer Contingencies        5% BUYER'S PREMIUM on the Real Estate     Real Estate Is "Subject To Seller Approval"

## Location

- **Address:** 1577 wabash, Springfield, IL 62704
- **Coordinates:** 39.764419, -89.680209
- **Google Maps:** https://www.google.com/maps?q=39.764419,-89.680209

## Listing Agent

- **Name:** Thomas Walsh
- **Brokerage:** Aumann Auctions
- **Phone:** 2175632523
- **Email:** Thomas@aumannauctions.com

## Primary Photo

![1577 wabash - Primary Photo](http://lh.rdcpix.com/f76cd01d7df440fda2c1b37a415ea4d4l-f2769302722r.jpg)

*94 total photos available on [listing page](https://www.propertysimple.com/listing/1577-wabash-springfield-il-62704-11742971)*

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**MLS#:** 11742971 | **Updated:** 2026-06-17
**Source:** listhub

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

[View on PropertySimple](https://www.propertysimple.com/listing/1577-wabash-springfield-il-62704-11742971)

---

## Structured Data

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  "description": "Online Auction   Auction Details - Don't miss your opportunity to bid on this premier Springfield asset.  Online Auction Date/Time: Wednesday, June 10th 2026, at 6:00 PM  Inspection Date/Time: Monday, June 8th 2026 from 3:30 PM - 5:00 PM  Location: 1577 Wabash Ave. Springfield, IL  Prime Commercial Opportunity: Previously Barrel Head Restaurant and Bar   Seize the chance to own a high-visibility, commercial property located at 1577 Wabash Ave, Springfield, IL. Known locally as "The Barrel H",
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