I-1 Industrial Development
For Sale
$1,435,000
4685 WABASH Avenue, Springfield, IL 62707
Commercial Sale, Springfield, IL
Property SizeContact for details
Lot Size40.78 Acres
Days on Market205
Property Features for 4685 WABASH Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
I-1
Lot features
Level
Elementary school district
Springfield
Middle school district
Springfield
High school district
Springfield
Directions
West on Alex Blvd to Milby Lane
Standard status
Active
APN
21-11.0-300-030
Lot size
40.78 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
See Tax Records
Tax Annual Amount
2110
Legal Description
See Tax Records
Utilities
Utilities
Water Available
Sewer type
Public Sewer
Listing Agency:
RE/MAX Professionals · RE/MAX International
(217) 787-7215
Listed By:
Jim Fulgenzi · License #471021607
(217) 341-5393
Added: Feb 11
Changed: Aug 19
Last Checked: Sep 4 at 3:06AM
MLS# CA1041703
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.
Investment Insights
Based on property information with market context.
This 40.78-acre industrial land tract is currently used for agriculture and carries I-1 zoning. Water is available, public sewer is identified, and utilities are located at the edge of the site. The property offers a substantial land area for future commercial development, with any proposed uses or subdivision subject to applicable approvals.
A truncated city street borders the southern boundary. Current access is provided along that boundary via Milby Lane at Alex Boulevard, rather than from Wabash Avenue. The site is approximately one-half mile from I-72 access and is surrounded by established commercial destinations, including Green Nissan, Buffalo Wild Wings, AMC Theatres, Culver's, Freddy's, Pleasant Nursery, Toyota, Lowe's, Best Buy, financial institutions, and White Oaks Mall.
A truncated city street borders the southern boundary. Current access is provided along that boundary via Milby Lane at Alex Boulevard, rather than from Wabash Avenue. The site is approximately one-half mile from I-72 access and is surrounded by established commercial destinations, including Green Nissan, Buffalo Wild Wings, AMC Theatres, Culver's, Freddy's, Pleasant Nursery, Toyota, Lowe's, Best Buy, financial institutions, and White Oaks Mall.
Key Highlights
- 40.78‑acre tract zoned I‑1
- Agricultural land with future commercial development potential subject to approvals
- Utilities available at the edge of the site
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
304
Businesses Nearby
Explore this area
Business Placement
Demographics for 62707, IL
7,290
Population
3,751
Households
1.9
Avg Household Size
47
Median Age
28%
College-Educated
94%
High-School Grad
41.8 sq mi
ZIP Area
174
Density / Sq Mi
$83,988
Median Household Income
$48,471
Median Earnings
$926
Median Rent
$164,300
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?
Industrial land - Agricultural tract with industrial zoning, edge-of-site utilities, and planned access from the southern boundary.
Where is this industrial land located?
The property is located at 4685 WABASH Avenue Springfield, IL.
What is the asking price?
The asking price for this property is $1,435,000.
What are key features of this property?
This property features: 40.78‑acre tract zoned I‑1; Agricultural land with future commercial development potential subject to approvals; Utilities available at the edge of the site
