The view looking from Court Square toward the corner of Main and Court Streets, around 1878-1885. Photo courtesy of New York Public Library.
The scene in 2014:
The ornate building in the center of the first photo is the Springfield Five Cents Savings Bank, which was built in 1876 at the corner of Main and Court Streets, diagonally across from Court Square. The building is still there, although the Main Street facade was completely renovated at some point in the past 50 years or so. However, the Court Street (today Falcons Way) facade is still largely intact, and reveals the fact that this building is not just another nondescript mid-20th century commercial building in the city.
Next to the Five Cents Savings Bank building in the first photo is the 1878 Republican Block, which was the home of the Springfield Republican newspaper. I don’t know what happened to the building, but it apparently isn’t there anymore, unless it was renovated even more than its neighbor was.