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  1. Commercial Properties
  2. IL
  3. Springfield

Capital City

For Sale

3101 - 3173 South Dirksen Parkway, Springfield, IL 62703

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

Key features

  • $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

Building Details

  • For Sale $3,200,000
  • Property Type Retail - Strip
  • Property Size 56,193 SF
  • Additional Rent Price on request
  • Property Tenancy Multi-Tenant
  • Year Built 1964
  • Year Renovated 2019
  • Date Updated Aug 19, 2026
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

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Contacts

broker
Mike West

Encore Real Estate Investment Services

Location

  • City Springfield, IL
  • Neighborhood Glen Aire
  • Zip Code 62703
  • Map
  • Street
  • Walk score 40/100 Car-Dependent
  • Transit score 29/100 Some Transit
  • Bike score 39/100 Somewhat Bikeable
Powered by Walk Score ®

Points of Interest

Springfield

3.61 miles

Circle K

0.17 miles

Shell

0.25 miles

Qik-N-EZ

1.57 miles

Marathon

1.79 miles

Thorntons

2.05 miles

Citgo

2.68 miles

Moto Mart

2.68 miles

Tesla Supercharger

3.36 miles

Blink

5.68 miles

Lot C-North

2.06 miles

Lot B

2.08 miles

Lot C-South

2.12 miles

Accessible Parking

2.17 miles

Lot D

2.18 miles

Softball Complex and Soccer Field Parking

2.20 miles

Lot E

2.21 miles

Lot A

2.30 miles

Lot J

2.34 miles

Lot G

2.35 miles

Big Lots

0.04 miles

County Market

1.77 miles

ALDI

1.89 miles

Walmart Supercenter

1.92 miles

JCPenney

1.94 miles

Humphrey's Market

2.01 miles

Save-A-Lot

2.85 miles

Little World International

3.09 miles

Hy-Vee

3.35 miles

The Keep Store

3.50 miles

Listing Summary

  • What is the asking price at Capital City?

    Capital City is currently listed for sale at Price on request.

  • What is the total size of Capital City?

    Capital City has a total of 56,193 square feet.

  • What is the year built for Capital City?

    The year built for Capital City is 1964.

Contact Mike West
broker
Mike West

Encore Real Estate Investment Services

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