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    3945 N Peoria Rd Springfield, IL 62702

    Sponsored
    Picture of Land at N Peoria Rd 3945, Springfield, IL
    For Sale
    $130,000

    LAND - Springfield, IL

    Lot size:
    1.11 Acres
    Days on Market:
    5
    Last Refresh:
    Jan 5 at 1:06 pm

    Property Features for 3945 N Peoria Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Residential
    APN
    14-110-401-033
    Lot size
    1.11 Acres

    Utilities

    Water source
    Public

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

    Listing agent Nate Gurnsey

    Listing date Jan 1, 2026

    MLS# CA1026715 Listing URL

    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

    Peoria Road Land Available

    This 1.11-acre parcel of land is available on Peoria Road in Springfield, Illinois. The property is zoned for residential use and benefits from high traffic volume, with approximately 20,000 vehicles passing by daily. All utilities are present on the property, offering convenience for development. The location is considered advantageous.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Law Firm Spa & Massage Building Supply Auto Repair Shop Gym & Fitness Wholesale Shop Hotel & Motel Auto Parts Store Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Sangamon
    State
    Illinois
    Longitude
    -89.62437133
    Latitude
    39.85165627

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    FAQs

    What type of property is this?
    Land - 1.11 acres on well-traveled Peoria Road.
    Where is this land located?
    The property is located at 3945 N Peoria Rd Springfield, IL.
    What is the asking price?
    The asking price for this property is $130,000.
    What are key features of this property?
    This property features: - 1.11 Acres of land available; - Located on well-traveled Peoria Road with approx 20k vehicles passing every day; - All utilities present on property
    (217) 691-6853
    Request Owner's contact information
    3945 N Peoria Rd Springfield, IL 62702
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    Springfield, IL 62702
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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
    3945 N Peoria Rd Springfield, IL 62702
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