0 Wabash AveSpringfield, IL 62711

For Sale
$8,500,000
28+ Acres, Multi-Use Development Potential

Overview

Added:
Dec 11, 2024
Days on market:
125
This exceptional 28.79-acre parcel presents a unique investment opportunity in Springfield, Illinois. Located on Wabash Avenue, this multi-use land is zoned for residential, commercial, and agricultural purposes, offering unparalleled flexibility for development. The property's prime West Side location boasts a thriving business environment, surrounded by established entities such as Wells Fargo, Bunn Corporate, new apartment complexes, and numerous auto dealerships. This strategic positioning ensures high visibility and accessibility, making it ideal for a variety of projects. The expansive acreage is readily divisible, allowing for tailored development plans to suit diverse needs and investment strategies. The asking price for this significant land holding is $8,500,000. The property is held under a partnership ownership structure. This is a rare chance to acquire a substantial tract of land in a rapidly growing area with significant potential for future appreciation. The property's versatility and strategic location make it an attractive proposition for developers, investors, and businesses seeking to establish a presence in a dynamic and prosperous market. The land is ready for immediate development, presenting a compelling opportunity to capitalize on the area's continued growth. Located in Sangamon County, Illinois, with a Springfield zip code of 62711.

Highlights

  • 28+ acres of developable land on Springfield's West Side, ready for immediate development.
  • Excellent location with surrounding businesses including Wells Fargo, Bunn Corporate, new apartments, and auto dealerships.
  • Divisible acreage allows for flexibility in development plans.

Property Details for 0 Wabash Ave

Property type
Land, Farms
Lot Size (sq. ft)
1,254,092 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 - 28+ Acres, Multi-Use Development Potential
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+ acres of developable land on Springfield's West Side, ready for immediate development.; Excellent location with surrounding businesses including Wells Fargo, Bunn Corporate, new apartments, and auto dealerships.; Divisible acreage allows for flexibility in development plans.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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0 Wabash Ave
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