2727 11Th StSpringfield, IL 62703

  • Commercial land
  • 0.93 AC
For Sale
$155,000 View listing

Property Details for 2727 11Th St

Lot size
0.93 AC
Property type
Commercial land
APN
22-10.0-183-002
APU
22100183002

Description

This exceptional 1.79-acre industrial land parcel, located at 2727 & 2759 S 11th St in Springfield, Illinois (zip code 62703), presents a unique investment opportunity. The property is zoned I-2 Heavy Industrial, offering significant flexibility for development. The site boasts frontage on 11th Street, situated between Stevenson Drive and Stanford Avenue. This offering comprises two lots: Lot #1 (2727 S 11th St) encompasses approximately 1.812 acres (35,350 square feet) and is priced at $65,000, while Lot #2 (2759 S 11th St) covers approximately 1.979 acres (42,663 square feet) and is listed at $90,000. The combined asking price for both lots is $155,000. Proposed build-to-suit options are available, providing potential buyers with the opportunity to tailor the development to their specific needs. Detailed drawings are available upon request. 2018 property tax records indicate $1,123.58 for Lot #1 and $1,858.06 for Lot #2. This prime location and flexible zoning make this an ideal site for various industrial uses. Don't miss this chance to acquire a valuable piece of Springfield real estate.

Location Insight

City
Springfield
County
Sangamon
State
Illinois
Latitude
39.7653
Longitude
-89.6417
CBSA code
44100
CBSA name
SPRINGFIELD, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,291
$14,602
-
$14,602
-
$43,806
-
$43,806

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