6410 6Th StSpringfield, IL 62703

  • Commercial land
  • 0.87 AC
For Sale
$47,500 View listing

Property Details for 6410 6Th St

Lot size
0.87 AC
Property type
Commercial land
APN
22-34.0-177-003
APU
22340177003

Description

This 0.69-acre commercial and residentially-zoned lot (S-1) is ideally located in Springfield, Illinois, offering easy access to Interstate 55 via S. 6th St Frontage Rd. Situated just south of the Toronto Rd and I-55 intersection, this property presents a unique opportunity for various development projects. The site boasts on-site utilities, making it ready for immediate development. Potential uses include office space, warehouse facilities, mini-storage units, or multi-family residential construction. The asking price is $47,500, translating to $1.58 per square foot. The property's address is 6410 S 6th St Frontage Rd E, Springfield, IL 62703, and its APN is 22-34.0-177-003. This prime location and versatile zoning make this an exceptional investment opportunity for developers seeking a strategic foothold in a growing area. The property is easily accessible from Toronto Road, turning south onto S. 6th St Frontage Rd, located on the east side of the road. This presents a rare chance to capitalize on the high demand for commercial and residential properties in this thriving Springfield location. Don't miss this chance to acquire a highly desirable development site with excellent interstate access and immediate utility availability.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $11,632,838
    Hospitality
    $10,655,617
    Educational
    $8,865,348
    Medical
    $9,170,241
    Retail
    $13,790,542
6410 6Th St, Springfield, Illinois

Location Insight

City
Springfield
County
Sangamon
State
Illinois
Latitude
39.7092
Longitude
-89.6418
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
-
$30,381
-
$30,381
-
$91,143
-
$91,143

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