Springfield, IL Commercial Land for Sale

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Grandview, IL Carriere, MS Southern View, IL Williamsville, IL Sherman, IL Riverton, IL Rochester, IL Chatham, IL

120 properties

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Updated: May 7

45 Acres in Springfield, IL

TORONTO Road, Springfield, IL 62707

$750,000

45.03 AC lot

45 acres of land suitable for development.
Prime location at the NE corner of Toronto Road and North Cotton, near the I‑55 Toronto Road interchange.
Development potential for both residential and commercial (office/retail) use.
Engineering layouts available for both residential and commercial applications.
Located within a mile of UIS and LLCC.

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Updated: Feb 11

Industrial Land with I-1 Zoning

4685 WABASH Avenue, Springfield, IL 62707

$1,435,000

40.78 AC lot

40.78‑acre industrial land tract
I‑1 zoning with development, mixed‑use, or subdivision potential subject to approvals
Water available at the edge of the site
Public sewer identified for the property
Southern‑boundary access via Milby Lane at Alex Boulevard

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Commercial Land with Frontage

S PARK Avenue, Springfield, IL 62704

$199,000

2.08 AC lot

Commercial land offering direct access, street exposure, and a retail-oriented location near ongoing area expansion.

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2.75 Acres in Springfield, IL

3101 Taylor Avenue, Springfield, IL 62703

$210,000

2 sqft 2.75 AC lot

2.75 acres in southeast Springfield with strong traffic counts.

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Commercial Development Land Lot

Lincolnshire Boulevard lot: 19, Springfield, IL 62704

$1,003,622

1.44 AC lot

Commercial land lot totaling 1.44 acres near a mixed-use sports and retail development.

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Commercial Development Parcel

Lincolnshire Boulevard lot: 17, Springfield, IL 62704

$975,744

1.40 AC lot

Commercial land within the Legacy Pointe development, with planned access to sports, hospitality, dining, and retail amenities.

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B-2 Commercial Land

S PARK Avenue, Springfield, IL 62704

$199,000

2.08 AC lot

The site has B-2 County Retail Business zoning and water available.

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Undeveloped Land Near Veterans Parkway

2800 Mathers Rd, Springfield, IL 62711

$3,990,000

76 sqft

76.5 acres of mixed-zoned commercial land with highway frontage.

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Commercial Development Lot

Lincolnshire Boulevard lot: 18, Springfield, IL 62704

$947,865

1.36 AC lot

Development parcel within a commercial complex featuring sports, lodging, dining, and retail components.

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Industrial Land With Truck Access

1901 TRUMAN Road, Springfield, IL 62703

$550,000

35.43 AC lot

Commercial-zoned industrial land with water available and public sewer serving an established material-handling site.

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Restaurant with Lounge and Stage

951 Durkin Drive, Springfield, IL 62704

$425,000

4,548 sqft 0.49 AC lot

Established restaurant property with dining, bar, lounge, entertainment space, and an adjoining grassy parcel.

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Industrial-Zoned Commercial Land

3104 CONSTITUTION Drive, Springfield, IL 62704

$818,120

3.75 AC lot

Commercial land with industrial zoning and public sewer serving the site.

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Commercial Land at Sports Park

Lincolnshire Boulevard lot: 10, Springfield, IL 62704

$1,965,427

2.82 AC lot

Parcel within Legacy Pointe Development with an indoor sports facility and two hotels.

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Commercial Outlot Land

3112-3118 S Dirksen Pkwy, Springfield, IL 62703

Contact for pricing

0.40 AC lot

Pad site along South Dirksen Parkway with I-55 exposure and established retail nearby.

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Commercial Development Lot

Lincolnshire Boulevard lot: 16D, Springfield, IL 62704

$1,554,220

2.23 AC lot

Development parcel within the Legacy Pointe commercial and sports campus.

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Commercial Development Parcel

Lincolnshire Boulevard lot: 11, Springfield, IL 62704

$3,401,164

4.88 AC lot

Parcel within Legacy Pointe’s sports, hospitality, restaurant, and retail development in Springfield.

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Commercial Development Lot at Sports Park

Lot 19 Lincolnshire Boulevard, Springfield, IL 62704

$1,003,622

Lot 19 on Lincolnshire Boulevard offers development opportunities within Scheels Sports Park at Legacy Pointe.

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Nursery and Garden Center Property

4234 WABASH Avenue, Springfield, IL 62711

$1,300,000

The property includes a house, several outbuildings, water availability, and public sewer.

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B-2 Commercial Development Land

9848 W Roosevelt Road, Westchester, IL 60154

$260,000

B-2-zoned commercial land with existing paving and on-site parking.

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Springfield Commercial Land For Sale

2501 Marketplace Drive, Springfield, IL 62702

$2,132,262

9.79 acres of commercial land ready for development.

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Commercial Land Site

3104 Constitution Drive, Springfield, IL 62704

$818,120

3.75 AC lot

Over 3.75-acre parcel in Springfield, IL near Target, Wal-mart, and Skyzone.

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B-1 Commercial Land

4351 Conestoga Drive, Springfield, IL 62707

$440,000

2.46 AC lot

Commercial parcel with water available and exposure from Veterans Parkway near established retail and hospitality uses.

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Prime Commercial Land on Parkway

2901 Mathers Rd, Springfield, IL 62711

Contact for pricing

4.26 AC lot

Undeveloped 4.26-acre commercial land with high visibility and traffic.

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Commercial Corner Development Site

700 W JEFFERSON Street, Springfield, IL 62702

$175,000

0.59 AC lot

Corner lot on West Jefferson and Walnut Streets with utilities onsite and two access points.

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Springfield, IL Commercial Land Market Trends and Statistics

Explore 120 commercial land for sale in Springfield, IL, showcased through 120 active listings on our real estate platform. These investment opportunities span a total of 19,390,993 square feet of properties for sale, with an estimated market value of $47,968,646.

Sale prices for commercial lots in Springfield, IL start at $39,900, averaging $614,982, and reaching up to $7,900,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 138K

Population Growth (5Y) +1.9%

Median Household Income $70,314

College Educated 9.5%

High-Yield Neighborhoods for Investment

Identify Springfield submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
62712	$47.5K
62703	$250.7K
62701	$299K
62707	$473.8K
62702	$490.4K

Taxes & Financing

Tax Rate (average for all types) 8.64%

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Sangamon County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Springfield fall within the 50 to 100 acres range.

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