- For Sale $3,200,000
- Property Type Retail - Strip
- Property Size 56,193 SF
- Property Tenancy Multi-Tenant
- Year Built 1964
- Year Renovated 2019
- Date Updated Aug 19, 2026
Description
Springfield, Illinois is the state capital and a historic Midwestern city known for its strong
government presence, cultural institutions, and deep ties to Abraham Lincoln. As the
center of Illinois state government, Springfield hosts numerous state agencies, legislative
offices, and the Governor’s headquarters, creating a stable employment base anchored by
public-sector jobs. The city blends historic charm with modern amenities, drawing visitors
to sites such as the Abraham Lincoln Presidential Library and Museum, the Old State
Capitol, and Lincoln’s Home National Historic Site.
The local economy is supported by a diverse mix of industries including government,
healthcare, education, insurance, and service-sector employment. Major employers
include the State of Illinois, Memorial Health, HSHS St. John’s Hospital, SIU School of
Medicine, and Horace Mann Insurance. Springfield benefits from its central location along
I-55 and I-72, providing strong connectivity to Chicago, St. Louis, and the rest of central
Illinois. Stable public-sector employment and a sizeable healthcare network make
Springfield less volatile than many similarly sized cities.
Springfield offers a comfortable quality of life with affordable housing, extensive parkland,
and a strong network of schools and community services. Outdoor recreation is anchored
by Washington Park, Lake Springfield, and a variety of trails and public green spaces. The
city’s vibrant downtown continues to evolve with restaurants, breweries, cultural venues,
and annual events that draw both residents and visitors. With its mix of historic
significance, government stability, and Midwest affordability, Springfield remains a
dependable regional hub for business, tourism, and everyday living.Capital City Shopping Center consisting of over 56,193 SF Situated on 14 Acres
Irreplaceable location with frontage to I-72 | 54,000+ vehicles per day
Five Below recently signed a 10 year lease | New 2025 lease signed with Sports
Training facility for the 3,500 SF suite
Massive upside in backfilling the Former Big Lots box with 31,751 SF
New 15-year Valvoline ground lease signed in front of the center
Valvoline Ground Lease also for sale through Encore – Inquire with brokers
Surrounding retailers include: McDonalds, Panera Bread, Starbucks, McAlister's Deli,
Steak N' Shake, Long John Silvers, Dollar Tree, & more
$20 Million dollar Amazon warehouse and distribution center opened in 2025 on North
Dirksen Parkway | 100+ Jobs created
6 miles from Springfield Memorial Hospital | 500 Acute Care Beds
Dollar Tree Ranks #1 in the Local Area in Annual Visits
Highlights
- $20 Million dollar Amazon warehouse and distribution center opened in 2025 on North
- 6 miles from Springfield Memorial Hospital 500 Acute Care Beds
- Capital City Shopping Center consisting of over 56,193 SF Situated on 14 Acres
- Dirksen Parkway 100+ Jobs created
- Dollar Tree Ranks #1 in the Local Area in Annual Visits
- Five Below recently signed a 10 year lease New 2025 lease signed with Sports
- Irreplaceable location with frontage to I-72 54,000+ vehicles per day
- Massive upside in backfilling the Former Big Lots box with 31,751 SF
- New 15-year Valvoline ground lease signed in front of the center
- Steak N' Shake, Long John Silvers, Dollar Tree, & more
- Surrounding retailers include: McDonalds, Panera Bread, Starbucks, McAlister's Deli,
- Training facility for the 3,500 SF suite
- Valvoline Ground Lease also for sale through Encore Inquire with brokers
False
Contacts
Mike West
Encore Real Estate Investment Services
Location
Located at 3101 - 3173 South Dirksen Parkway, Springfield, IL 62703, this property is part of the Glen Aire neighborhood.
Contact Listing Broker
Mike West
Encore Real Estate Investment Services