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.
Reach out to the broker for more info on lease terms and amenities
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Contacts
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
Getting Around
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Walk Score ®
Very Walkable (82) -
Transit Score ®
Some Transit (49) -
Bike Score ®
Very Bikeable (76)
Location
- City Springfield, IL
- Neighborhood Downtown Springfield
- Zip Code 62701
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
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What is the asking price at Centre@501?
Centre@501 is currently listed for sale at Contact for pricing.
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What is the total size of Centre@501?
Centre@501 has a total of 50,691 square feet.
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What is the year built for Centre@501?
The year built for Centre@501 is 1854.
KW Commercial | Garrison Group