For Sale
$8,500,000

Wabash Ave Springfield, IL 62711

Prime Springfield, IL commercial land, 28+ acres.

Overview

Added:
Dec 11, 2024
Days on market:
131
This exceptional 28.79-acre commercial land parcel presents a remarkable investment opportunity in Springfield, Illinois. Located on W Wabash Avenue, this property boasts a significant 1,306,800 square foot area, ideal for large-scale development. The site is strategically positioned in a thriving commercial district, surrounded by established businesses including Wells Fargo, newly constructed Bunn Corporate apartments, and various auto dealerships. This prime location offers excellent visibility and accessibility, making it an attractive proposition for a wide range of commercial ventures. The property is currently held under a partnership ownership and is offered at an asking price of $8,500,000. Its substantial size allows for flexibility in development plans, with the possibility of subdividing the land to suit individual investor needs. This is a rare chance to acquire a substantial tract of land in a high-growth area, ready for immediate development. The property is situated in Sangamon County, Illinois, with a Springfield zip code of 62711. The location offers easy access to major transportation routes, further enhancing its commercial appeal. This presents a unique opportunity for developers and investors seeking a significant land holding in a dynamic and expanding commercial zone. Don't miss this chance to secure a piece of Springfield's vibrant commercial landscape.

Highlights

  • 28.79-acre commercial land parcel in Springfield, IL, ideal for large-scale development.
  • Located on W Wabash Ave., with 1,306,800 square feet, in a thriving commercial district near established businesses.
  • Excellent visibility and accessibility, suitable for various commercial ventures.
  • Asking price: $8,500,000; potential for subdivision.
  • Situated in Sangamon County, zip code 62711, with easy access to major transportation routes.

Property Details for 0 Wabash Ave

Property type
Land
Square Feet
1,306,800 SF

Location Insight

City
Springfield
County
Sangamon
State
Illinois
Latitude
39.7628661
Longitude
-89.7105905
Wabash Ave, Springfield, Illinois

FAQs

What type of property is this?
Land - Prime Springfield, IL commercial land, 28+ acres.
Where is the land located?
The property is located at Wabash Ave Springfield, IL.
What is the asking price?
The asking price for this property is $8,500,000.
What are key features of this property?
This property features: 28.79-acre commercial land parcel in Springfield, IL, ideal for large-scale development.; Located on W Wabash Ave., with 1,306,800 square feet, in a thriving commercial district near established businesses.; Excellent visibility and accessibility, suitable for various commercial ventures.
How can I contact the broker?
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0 Wabash Ave
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