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    Park Dr S, Unit 18 Springfield, IL 62703

    Sponsored
    For Sale
    $400,000

    COMMERCIAL - Springfield, IL

    Lot size:
    2.17 Acres
    Days on Market:
    26
    Last Refresh:
    Jan 5 at 2:06 pm

    Property Features for Park Dr S

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    B-1
    APN
    22100381009
    Lot size
    2.17 Acres

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

    Listing agent Curtis D Tillett

    Listing date Dec 11, 2025

    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

    Springfield Commercial Land For Sale

    This commercial land is one of several lots available for sale in a mixed-use office and retail development. The location benefits from high traffic counts on 6th Street and Stevenson Drive. It offers convenient access to the interstate, downtown Springfield, and the state capitol. The development has a strong base occupancy, including corporate headquarters, the FBI's new office, and financial and medical institutions. The lot size is 2.17 acres. The zoning is B-1. The property is located in Springfield, Illinois.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Springfield
    County
    Sangamon
    State
    Illinois
    Longitude
    -89.6462908
    Latitude
    39.7602429

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    FAQs

    What type of property is this?
    Commercial land - Commercial land in mixed-use development with high traffic and accessibility.
    Where is this commercial land located?
    The property is located at Park Dr S, Unit 18 Springfield, IL.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: - High traffic location on 6th St. & Stevenson Dr.; - Easy access to interstate, downtown, and state capitol.; - Located in a mixed-use office/retail development.
    (217) 553-7022
    Request Owner's contact information
    Park Dr S, Unit 18 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
    Park Dr S, Unit 18 Springfield, IL 62703
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