1320 Macarthur BlvdSpringfield, IL 62704

Property Details for 1320 Macarthur Blvd

Lot size

0.98 AC

Property type

Commercial land

APN

22-04.0-102-028

APU

22040102028

Description

This exceptional 2-acre commercial land parcel, totaling 120,734 square feet, presents a unique investment opportunity in Springfield, Illinois. Situated at 1320 S MacArthur Blvd, this property boasts a highly visible location at the southeast corner of S MacArthur Blvd and S Grand Ave W, offering excellent exposure and landmark recognition. The site is ideally suited for build-to-suit development, catering to a variety of commercial uses, including retail or office space. Its established location within Springfield's business district ensures high traffic volume and easy access for customers and employees. Ample on-site parking, exceeding 40 spaces, is a significant advantage. This property has served as a well-known retail establishment for years, providing a strong foundation for future success. The substantial lot size and prime location make this an unparalleled opportunity to establish or expand a commercial presence in a thriving Springfield community. The property is located in Sangamon County, Illinois, with a zip code of 62704. This is a single-tenant property.

• Alternative Use

  Use

  Valuation

  Residential

  $13,005,983

  Hospitality

  $11,913,410

  Educational

  $9,911,818

  Medical

  $10,252,700

  Retail

  $15,418,383

Location Insight

City

Springfield

County

Sangamon

State

Illinois

Latitude

39.7859

Longitude

-89.668

CBSA code

44100

CBSA name

SPRINGFIELD, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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