Industrial
For Sale
Contact for pricing
313 W Madison Street, Springfield, IL 62702
Commercial Sale, Springfield, IL
Property SizeContact for details
Lot Size0.09 Acres
Days on Market213
Property Features for 313 W Madison Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
INDUS
Directions
on W Madison between Logan and Rutledge
Subdivision
Springfield
Standard status
Active
APN
14280476013000
Lot size
0.09 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
3237
Building Details
Year built
1900
Floors in Building
2
Listing Agency:
Parkvue Realty Corporation
(312) 788-4040
Listed By:
Anthony Disano · License #471010606
(312) 788-4040
Added: Jan 28
Changed: Aug 20
Last Checked: Aug 29 at 3:06AM
MLS# 12556773
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This warehouse property occupies a 0.0868-acre site at 313 W Madison Street in Springfield, Illinois. Built in 1900, the asset is positioned for storage, packaging, logistics, and shipping and receiving functions. The stated use profile also includes light manufacturing, component or goods assembly, processing, fabrication, and related industrial support activities.
The property carries INDUS zoning. The described district framework includes utility and public service functions, while contractor yards and equipment maintenance may be allowed conditionally. Cannabis craft growing or processing is also identified as a conditional use within I1 when applicable requirements are met, including restricted public access and compliant fencing.
The property carries INDUS zoning. The described district framework includes utility and public service functions, while contractor yards and equipment maintenance may be allowed conditionally. Cannabis craft growing or processing is also identified as a conditional use within I1 when applicable requirements are met, including restricted public access and compliant fencing.
Key Highlights
- Warehouse property on a 0.0868‑acre site
- INDUS zoning
- Built in 1900
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
4,305
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 62702, IL
33,712
Population
17,083
Households
2
Avg Household Size
41
Median Age
20%
College-Educated
90%
High-School Grad
15.4 sq mi
ZIP Area
2,189
Density / Sq Mi
$52,748
Median Household Income
$38,160
Median Earnings
$858
Median Rent
$102,300
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Warehouse - INDUS zoning supports storage, distribution, packaging, and light industrial operations.
Where is this warehouse located?
The property is located at 313 W Madison Street Springfield, IL.
What are key features of this property?
This property features: Warehouse property on a 0.0868‑acre site; INDUS zoning; Built in 1900
