Springfield, IL Land for Sale

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Grandview, IL Southern View, IL Sherman, IL

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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: May 5, 2025

Prime Commercial Property in Springfield

4234 WABASH Avenue, Springfield, IL 62711

$2,400,000

9,900 sqft

9,900 sq ft building on W. Wabash, prime west side location
High visibility and accessibility due to proximity to other thriving businesses and high traffic flow
Additional 20+\/- Acres contiguous land available for sale
Convenient access to all areas of Springfield
Suitable for a wide range of commercial ventures

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Springfield Commercial Land For Sale

2501 Marketplace Drive, Springfield, IL 62702

$2,132,262

9.79 AC lot

9.79 acres of commercial land ready for development.

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County Retail Zoned Development Land

S PARK Avenue, Springfield, IL 62704

$225,000

2.08 AC lot

Over two acres with direct access and retail zoning, offering substantial frontage along South Park and Junction Circle.

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Springfield Commercial Development Opportunity

4685 WABASH Avenue, Springfield, IL 62707

$1,435,000

40.78 AC lot

40+ acre commercial land for sale in Springfield, IL.

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Commercial Land in Legacy Pointe

Lincolnshire Boulevard lot: 19, Springfield, IL 62704

$1,003,622

1.44 AC lot

Commercial lots available in a large sports and entertainment development.

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Land Near Scheels Sports Park

Lincolnshire Boulevard lot: 17, Springfield, IL 62704

$975,744

1.40 AC lot

Commercial land available near a major sports and retail development.

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Commercial Land at Legacy Pointe

Lincolnshire Boulevard lot: 18, Springfield, IL 62704

$947,865

1.36 AC lot

Commercial land available within a large sports and entertainment development.

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Land in Legacy Pointe Development

Lincolnshire Boulevard lot: 16D, Springfield, IL 62704

$1,554,220

2.23 AC lot

Commercial land available in a large sports and entertainment development.

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Large Acreage Commercial Site

1901 TRUMAN Road, Springfield, IL 62703

$550,000

35.43 AC lot

56+ acre commercial site for fill operations or redevelopment.

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B-2 Zoned Commercial Land

S PARK Avenue, Springfield, IL 62704

$225,000

2.08 AC lot

A 2.08-acre B-2 property with direct access and 328 feet of frontage for retail and other approved uses.

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Commercial Land Near Sports Park

Lincolnshire Boulevard lot: 10, Springfield, IL 62704

$1,965,427

2.82 AC lot

Land available within Scheels Sports Park at Legacy Pointe Development.

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Legacy Pointe Commercial Development Opportunity

Lincolnshire Boulevard lot: 11, Springfield, IL 62704

$3,401,164

4.88 AC lot

Commercial lots available in a large sports and entertainment development.

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Riverfront Recreational Land Tract

N OAKLANE Road, Springfield, IL 62712

$155,000

19.27 AC lot

Wooded riverfront acreage with private gated access, currently under CRP contract through 2027.

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Springfield Commercial Land Opportunity

3104 CONSTITUTION Drive, Springfield, IL 62704

$818,120

3.75 AC lot

3.75 acres of prime land in a high-traffic location.

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Prime Springfield Commercial Land Opportunity

4234 WABASH Avenue, Springfield, IL 62711

$1,300,000

20+/- acre commercial property in a rapidly developing area.

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Prime Commercial Land on Parkway

2901 Mathers Rd, Springfield, IL 62711

$1,495,000

4.26 AC lot

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

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Residential Land in Springfield, IL

Panther Creek W lot: 59, Springfield, IL 62711

$110,000

Residential land for sale in Springfield, Illinois, with utilities.

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Residential Land in Springfield, IL

Panther Creek W lot: 60, Springfield, IL 62711

$110,000

Residential land for sale in Springfield, Illinois, with utilities.

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Commercial Lot in Springfield, IL

310 E S Grand Avenue, Springfield, IL 62703

$155,000

Zoned B-1 lot on major city street near downtown.

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Prime Commercial Lot in Springfield

4351 Conestoga Drive, Springfield, IL 62707

$440,000

2.46 acre commercial lot with high visibility frontage.

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Residential Land with Pond Frontage

3509 BLUE HERON Court, Springfield, IL 62711

$150,000

0.89 AC lot

Expansive residential lot with pond frontage in North Reserve.

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Springfield Commercial Land For Sale

4380 Acer Grove Drive, Springfield, IL 62711

$235,000

2.04 acre commercial land in a rapidly developing area.

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Prime Commercial Land in Springfield

3131 S MEADOWBROOK Road, Springfield, IL 62711

$265,000

1.2 acre commercial property in a rapidly developing area.

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Springfield, IL Land Market Trends and Statistics

Explore 253 land for sale in Springfield, IL, showcased through 253 active listings on our real estate platform. These investment opportunities span a total of 16,048 square feet of properties for sale, with an estimated market value of $10,428,000.

Sale prices for lots in Springfield, IL start at $100,000, averaging $1,489,714, and reaching up to $3,990,000 — 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
62703	$130.8K
62712	$215.5K
62702	$361.8K
62711	$384.7K
62707	$514.4K

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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Springfield, IL Land for Sale

TORONTO Road, Springfield, IL 62707

4234 WABASH Avenue, Springfield, IL 62711

2501 Marketplace Drive, Springfield, IL 62702

S PARK Avenue, Springfield, IL 62704

4685 WABASH Avenue, Springfield, IL 62707

Lincolnshire Boulevard lot: 19, Springfield, IL 62704

Lincolnshire Boulevard lot: 17, Springfield, IL 62704

Lincolnshire Boulevard lot: 18, Springfield, IL 62704

Lincolnshire Boulevard lot: 16D, Springfield, IL 62704

1901 TRUMAN Road, Springfield, IL 62703

S PARK Avenue, Springfield, IL 62704

Lincolnshire Boulevard lot: 10, Springfield, IL 62704

Lincolnshire Boulevard lot: 11, Springfield, IL 62704

N OAKLANE Road, Springfield, IL 62712

3104 CONSTITUTION Drive, Springfield, IL 62704

4234 WABASH Avenue, Springfield, IL 62711

2901 Mathers Rd, Springfield, IL 62711

Panther Creek W lot: 59, Springfield, IL 62711

Panther Creek W lot: 60, Springfield, IL 62711

310 E S Grand Avenue, Springfield, IL 62703

4351 Conestoga Drive, Springfield, IL 62707

3509 BLUE HERON Court, Springfield, IL 62711

4380 Acer Grove Drive, Springfield, IL 62711

3131 S MEADOWBROOK Road, Springfield, IL 62711

Springfield, IL Land Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Property Size Breakdown

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Browse Land for Sale Near Springfield, IL

Popular Searches in Springfield, IL

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Most Searched ZIP Codes in Springfield, IL

Springfield, IL Land for Sale

TORONTO Road, Springfield, IL 62707

4234 WABASH Avenue, Springfield, IL 62711

2501 Marketplace Drive, Springfield, IL 62702

S PARK Avenue, Springfield, IL 62704

4685 WABASH Avenue, Springfield, IL 62707

Lincolnshire Boulevard lot: 19, Springfield, IL 62704

Lincolnshire Boulevard lot: 17, Springfield, IL 62704

Lincolnshire Boulevard lot: 18, Springfield, IL 62704

Lincolnshire Boulevard lot: 16D, Springfield, IL 62704

1901 TRUMAN Road, Springfield, IL 62703

S PARK Avenue, Springfield, IL 62704

Lincolnshire Boulevard lot: 10, Springfield, IL 62704

Lincolnshire Boulevard lot: 11, Springfield, IL 62704

N OAKLANE Road, Springfield, IL 62712

3104 CONSTITUTION Drive, Springfield, IL 62704

4234 WABASH Avenue, Springfield, IL 62711

2901 Mathers Rd, Springfield, IL 62711

Panther Creek W lot: 59, Springfield, IL 62711

Panther Creek W lot: 60, Springfield, IL 62711

310 E S Grand Avenue, Springfield, IL 62703

4351 Conestoga Drive, Springfield, IL 62707

3509 BLUE HERON Court, Springfield, IL 62711

4380 Acer Grove Drive, Springfield, IL 62711

3131 S MEADOWBROOK Road, Springfield, IL 62711

Springfield, IL Land Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Property Size Breakdown

Need Help?

Browse Land for Sale Near Springfield, IL

Popular Searches in Springfield, IL

Popular Categories

Most Searched ZIP Codes in Springfield, IL

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