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    1325 S 5Th St Springfield, IL 62703

    Picture of Commercial land at S 5Th St 1325, Springfield, IL
    For Sale
    $59,900

    Commercial - Springfield, IL

    Days on Market:
    188
    Last Refresh:
    Dec 8 at 3:06 am

    Property Features for 1325 S 5Th St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    B 1
    APN
    22040228008

    Building Details

    Architectural style
    Other

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

    Listing agent James Skeeters (217) 303-8445 License #475097981

    Listing date Jun 4, 2025

    MLS# CA1036917 Listing URL

    Copyright © 2025 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

    Commercial Land in Springfield, IL

    This property consists of two parcels of commercial land, totaling 24,320 square feet. Each parcel measures 80 x 152. The property is located on 5th St., one block south of S. Grand in Springfield, IL. The zoning is B 1, making it suitable for various business uses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Sangamon
    State
    Illinois
    Longitude
    -89.650044
    Latitude
    39.786383

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    FAQs

    What type of property is this?
    Commercial land - Two parcels of land totaling 24,320 SF for development.
    Where is this commercial land located?
    The property is located at 1325 S 5Th St Springfield, IL.
    What is the asking price?
    The asking price for this property is $59,900.
    What are key features of this property?
    This property features: - Prime location on 5th St., one block south of S. Grand.; - Total of 24,320 SF across two parcels.; - Two parcels, each measuring 80 x 152.
    (217) 303-8445
    Request Owner's contact information
    1325 S 5Th St Springfield, IL 62703
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    Springfield, IL 62703
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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
    1325 S 5Th St Springfield, IL 62703
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