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  1. Commercial Properties
  2. IL
  3. Springfield
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  • POI
For Sale

Centre@501

501 East Capitol Avenue, Springfield, IL 62701

Rare opportunity to own a mixed use masterpiece in the heart of downtown Springfield IL. Originally constructed in 1854 as the First United Methodist Church, this iconic

structure has stood as a pillar of architectural heritage for decades. Thoughtfully rehabilitated in 1978 and again in 2019. It now offers a seamless blend of historic charm and contemporary

living. 25 apartments, each with in unit washer and dryers, Island, large full bathroom, updated appliances, with every unit offering a different floorplan. 3 separate office spaces, 1 currently

with long term lease agreement and 2 additional commercial spaces. A turnkey investment. Full basement with a full kitchen, bathrooms, and more! This space has a ton of additional

potential, and income while currently sitting at an impressive NOI. Whether you're drawn to its storied past or its strong financial future, this building delivers both character and

performance. A cornerstone of Springfields urban fabric, ready for its next visionary owner.

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
Melissa Gates

KW Commercial | Garrison Group

Building Details

  • For Sale $2,999,999
  • Property Type Other
  • # of Floors 3
  • Property Tenancy Multi-Tenant
  • Building Class A
  • Year Built 1854
  • Year Renovated 2019
  • Date Updated Aug 4, 2026

Attachments

  • Apartment Plans (PDF)opens in new window
  • Brochure (PDF)opens in new window
  • Commercial first floor - floor plan (PDF)opens in new window
  • Downtown Map (PDF)opens in new window

Getting Around

  • Walk Score ®

    Very Walkable (82)
  • Transit Score ®

    Some Transit (49)
  • Bike Score ®

    Very Bikeable (76)
Powered by Walk Score ®

Location

  • City Springfield, IL
  • Neighborhood Downtown Springfield
  • Zip Code 62701
  • Map
  • Street

Points of Interest

Citgo

0.81 miles

Moto Mart

0.83 miles

Gas Depot

1.08 miles

Qik-N-EZ

1.19 miles

BP

1.27 miles

Casey's General Store

1.33 miles

Express Mart

1.60 miles

Circle K

1.61 miles

Mobil

1.68 miles

Christ Church Parking

0.13 miles

Municipal Parking Deck

0.17 miles

Lincoln Home Parking

0.18 miles

Municipal Parking

0.23 miles

Bank of Springfield Center Parking

0.23 miles

Sangamon County Parking Lot

0.25 miles

Elijah Iles House Visitor Parking

0.31 miles

Dana-Thomas House Parking

0.34 miles

Monthly Parking

0.35 miles

Water Works Car Wash

1.67 miles

U-Haul

2.08 miles

Quality Car Wash

2.14 miles

Sparkling Clean Car Wash

2.24 miles

Enterprise

2.30 miles

Rainstorm Car Wash

2.44 miles

Hertz

2.50 miles

On Track Car Wash

2.54 miles

Car Rental Wash Bay

3.31 miles

Aunt Lou's Soul Food

0.05 miles

Gallina's Pizza

0.07 miles

Maldaner's Restaurant

0.09 miles

Jimmy John's

0.09 miles

La Piazza Cucina Italiana

0.09 miles

Jerk Shop Go

0.10 miles

Replay Lounge

0.10 miles

3rd Shift Kitchen

0.11 miles

6 St. Cafe

0.11 miles

County Market

0.58 miles

Humphrey's Market

1.33 miles

Save-A-Lot

1.66 miles

Robert's Seafood Market

1.82 miles

Hy-Vee

1.93 miles

JCPenney

2.23 miles

Little World International

2.44 miles

Schnucks

2.57 miles

Big Lots

3.35 miles

Fire Station #1

0.25 miles

Complete Care Pharmacy

0.30 miles

Illinois State Police Troop 6 - Springfield Post

0.38 miles

Prairie Heart Institute

0.48 miles

HSHS Saint John's Hospital

0.52 miles

Springfield Clinic Main Campus East

0.53 miles

Springfield Clinic Main Campus West

0.53 miles

HSHS Women & Children's Clinic

0.57 miles

SIU Center For Family Medicine

0.58 miles

501 East Capitol Avenue Listing Summary

  • What is the asking price at Centre@501?

    Centre@501 is currently listed for sale at Contact for pricing.

  • What is the total size of Centre@501?

    Centre@501 has a total of 50,691 square feet.

  • What is the year built for Centre@501?

    The year built for Centre@501 is 1854.

Contact Listing Broker
broker
Melissa Gates

KW Commercial | Garrison Group

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