# 517 S 4TH Street, Springfield, IL 62701

> **TL;DR:** commercial, $499,900.
> A/C. Est. $2,674/mo. Listed 83 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $499,900 |
| Property Type | Commercial (Other) |
| Status | Active |
| Days on Market | 83 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $2,528 |
| Estimated Insurance | $146 |
| **Total** | **$2,674** |

## Key Amenities

- A/C

## Description

### Agent Description
Prime commercial property offering an exceptional opportunity for a restaurant, entertainment venue, or redevelopment project in a highly visible location overlooking the Illinois Governor's Mansion. Designed for high-volume operations, the property includes a professional-grade kitchen with dual commercial exhaust hoods and extensive gas and electrical service. The spacious main floor accommodates approximately 118 guests, while the lower level seats an additional 125, providing an ideal setting for dining, receptions, private events, business meetings, and special occasions. A full-service bar, inviting lounge area, and outdoor patio with scenic views further enhance the guest experience. The property underwent extensive renovations in 2017, including updated HVAC, flooring, and mechanical systems, with more than $1 million invested in improvements. Offering approximately 9,000 square feet of total space, including 4,500 square feet on each level, this turnkey building is ready for immediate use. Its flexible layout and premier location also make it an excellent candidate for conversion to an event center, private club, office space, mixed-use development, or other commercial ventures. This is a rare investment opportunity combining location, versatility, and long-term value.

## Location

- **Address:** 517 S 4TH Street, Springfield, IL 62701
- **County:** Sangamon
- **Coordinates:** 39.796649, -89.651128
- **Google Maps:** https://www.google.com/maps?q=39.796649,-89.651128

## Listing Agent

- **Name:** Khaled Hussein
- **Brokerage:** Keller Williams Capital
- **Phone:** 2178017749
- **Broker Phone:** (217) 553-4368
- **Listing URL:** [View original listing](https://listings.listhub.net/pages/PAARIL/CA1044692/?channel=propsimple)

## Photos

![517 S 4TH Street - Photo 1](http://lh.rdcpix.com/0838e9dd4c24d845a1a1b76e669eb692l-f3115891962r.jpg)

![517 S 4TH Street - Photo 2](http://lh.rdcpix.com/0838e9dd4c24d845a1a1b76e669eb692l-f660032667r.jpg)

![517 S 4TH Street - Photo 3](http://lh.rdcpix.com/0838e9dd4c24d845a1a1b76e669eb692l-f2157991825r.jpg)

![517 S 4TH Street - Photo 4](http://lh.rdcpix.com/0838e9dd4c24d845a1a1b76e669eb692l-f3532641367r.jpg)

![517 S 4TH Street - Photo 5](http://lh.rdcpix.com/0838e9dd4c24d845a1a1b76e669eb692l-f4019567961r.jpg)

![517 S 4TH Street - Photo 6](http://lh.rdcpix.com/0838e9dd4c24d845a1a1b76e669eb692l-f1789458733r.jpg)

![517 S 4TH Street - Photo 7](http://lh.rdcpix.com/0838e9dd4c24d845a1a1b76e669eb692l-f587402756r.jpg)

![517 S 4TH Street - Photo 8](http://lh.rdcpix.com/0838e9dd4c24d845a1a1b76e669eb692l-f237038195r.jpg)

![517 S 4TH Street - Photo 9](http://lh.rdcpix.com/0838e9dd4c24d845a1a1b76e669eb692l-f3343130232r.jpg)

![517 S 4TH Street - Photo 10](http://lh.rdcpix.com/0838e9dd4c24d845a1a1b76e669eb692l-f629671313r.jpg)

![517 S 4TH Street - Photo 11](http://lh.rdcpix.com/0838e9dd4c24d845a1a1b76e669eb692l-f142746501r.jpg)

![517 S 4TH Street - Photo 12](http://lh.rdcpix.com/0838e9dd4c24d845a1a1b76e669eb692l-f4176882749r.jpg)

![517 S 4TH Street - Photo 13](http://lh.rdcpix.com/0838e9dd4c24d845a1a1b76e669eb692l-f1453036790r.jpg)

![517 S 4TH Street - Photo 14](http://lh.rdcpix.com/0838e9dd4c24d845a1a1b76e669eb692l-f1531446485r.jpg)

![517 S 4TH Street - Photo 15](http://lh.rdcpix.com/0838e9dd4c24d845a1a1b76e669eb692l-f2336370681r.jpg)

![517 S 4TH Street - Photo 16](http://lh.rdcpix.com/0838e9dd4c24d845a1a1b76e669eb692l-f1141167693r.jpg)

![517 S 4TH Street - Photo 17](http://lh.rdcpix.com/0838e9dd4c24d845a1a1b76e669eb692l-f1111685258r.jpg)

![517 S 4TH Street - Photo 18](http://lh.rdcpix.com/0838e9dd4c24d845a1a1b76e669eb692l-f2503690477r.jpg)

![517 S 4TH Street - Photo 19](http://lh.rdcpix.com/0838e9dd4c24d845a1a1b76e669eb692l-f685662933r.jpg)

![517 S 4TH Street - Photo 20](http://lh.rdcpix.com/0838e9dd4c24d845a1a1b76e669eb692l-f2608726719r.jpg)

![517 S 4TH Street - Photo 21](http://lh.rdcpix.com/0838e9dd4c24d845a1a1b76e669eb692l-f2094494455r.jpg)

![517 S 4TH Street - Photo 22](http://lh.rdcpix.com/0838e9dd4c24d845a1a1b76e669eb692l-f651380667r.jpg)

![517 S 4TH Street - Photo 23](http://lh.rdcpix.com/0838e9dd4c24d845a1a1b76e669eb692l-f1667857115r.jpg)

![517 S 4TH Street - Photo 24](http://lh.rdcpix.com/0838e9dd4c24d845a1a1b76e669eb692l-f2537867989r.jpg)

![517 S 4TH Street - Photo 25](http://lh.rdcpix.com/0838e9dd4c24d845a1a1b76e669eb692l-f3362521051r.jpg)

![517 S 4TH Street - Photo 26](http://lh.rdcpix.com/0838e9dd4c24d845a1a1b76e669eb692l-f810862345r.jpg)

![517 S 4TH Street - Photo 27](http://lh.rdcpix.com/0838e9dd4c24d845a1a1b76e669eb692l-f204833825r.jpg)

![517 S 4TH Street - Photo 28](http://lh.rdcpix.com/0838e9dd4c24d845a1a1b76e669eb692l-f1362664676r.jpg)

![517 S 4TH Street - Photo 29](http://lh.rdcpix.com/0838e9dd4c24d845a1a1b76e669eb692l-f1481932051r.jpg)

![517 S 4TH Street - Photo 30](http://lh.rdcpix.com/0838e9dd4c24d845a1a1b76e669eb692l-f3543161672r.jpg)

![517 S 4TH Street - Photo 31](http://lh.rdcpix.com/0838e9dd4c24d845a1a1b76e669eb692l-f560309559r.jpg)

![517 S 4TH Street - Photo 32](http://lh.rdcpix.com/0838e9dd4c24d845a1a1b76e669eb692l-f3707651346r.jpg)

![517 S 4TH Street - Photo 33](http://lh.rdcpix.com/0838e9dd4c24d845a1a1b76e669eb692l-f2981049390r.jpg)

![517 S 4TH Street - Photo 34](http://lh.rdcpix.com/0838e9dd4c24d845a1a1b76e669eb692l-f4161028047r.jpg)

![517 S 4TH Street - Photo 35](http://lh.rdcpix.com/0838e9dd4c24d845a1a1b76e669eb692l-f161476895r.jpg)

![517 S 4TH Street - Photo 36](http://lh.rdcpix.com/0838e9dd4c24d845a1a1b76e669eb692l-f1184259298r.jpg)

![517 S 4TH Street - Photo 37](http://lh.rdcpix.com/0838e9dd4c24d845a1a1b76e669eb692l-f1965262488r.jpg)

---

**MLS#:** CA1044692 | **Updated:** 2026-09-15
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.ai/listing/517-s-4th-street-springfield-il-62701-a1044692)

---

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