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    1428 N Macarthur Blvd Springfield, IL 62703

    For Sale
    $50,000

    Commercial - Springfield, IL

    Property size:
    3,314 SF
    Days on Market:
    136
    Last Refresh:
    Dec 11 at 6:06 am

    Property Features for 1428 N Macarthur Blvd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    B-2
    APN
    14210376031
    Size
    3,314 SF

    Building Details

    Flooring type
    Concrete
    Building materials
    Block
    Architectural style
    Other

    The Real Estate Group, Inc. (217) 787-7000 [email protected]

    Listing agent Kyle Killebrew (217) 787-7000 License #475109198

    Listing date Jul 29, 2025

    MLS# CA1038140 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

    Corner Lot with Retail Potential

    This corner lot, zoned B-2, offers over 6,500 square feet across multiple structures, presenting endless potential. The property, previously used as a flower shop with a greenhouse, includes a detached 2-car garage and ample paved parking. With prime visibility across from the National Guard, it is ideally suited for retail, workshop, or storage needs. The property contains 3,314 square feet of living area and is located in Springfield, Illinois.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Sangamon
    State
    Illinois
    Longitude
    -89.668148
    Latitude
    39.819528

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    FAQs

    What type of property is this?
    Retail property - Large corner lot with multiple structures, ideal for retail.
    Where is this retail property located?
    The property is located at 1428 N Macarthur Blvd Springfield, IL.
    What is the asking price?
    The asking price for this property is $50,000.
    What are key features of this property?
    This property features: - Large corner lot zoned B-2 offering over 6,500 square feet.; - Prime visibility across from the National Guard.; - Includes a detached 2-car garage and ample paved parking.
    (217) 787-7000
    Request Owner's contact information
    1428 N Macarthur Blvd 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
    1428 N Macarthur Blvd Springfield, IL 62703
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