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    1279 Toronto Rd Springfield, IL 62712

    Sponsored
    For Lease
    Contact for pricing

    COMMERCIAL - Springfield, IL

    Days on Market:
    6
    Last Refresh:
    Jan 6 at 9:06 pm

    Property Features for 1279 Toronto Rd

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    B-1
    APN
    22270401099

    Keller Williams Capital (217) 553-4368 [email protected]

    Listing agent James J Skeeters

    Listing date Jan 1, 2026

    Copyright © 2026 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space Near University Campus

    This retail space is located in a strip center near the University of Illinois Springfield campus and Lincoln Land Community College. The location benefits from high traffic counts and offers easy access from I-55. The property features a variety of shops and ample parking. The lease is modified gross.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Sangamon
    State
    Illinois
    Longitude
    -89.637384
    Latitude
    39.714562

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    FAQs

    What type of property is this?
    Strip mall - Retail space with high traffic and easy highway access.
    Where is this strip mall located?
    The property is located at 1279 Toronto Rd Springfield, IL.
    What are key features of this property?
    This property features: - High traffic count location; - Easy access from I-55; - Near University of Illinois Springfield and Lincoln Land Community College
    (217) 971-6775
    Request Owner's contact information
    1279 Toronto Rd Springfield, IL 62712
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    Springfield, IL 62712
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1279 Toronto Rd Springfield, IL 62712
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