Springfield Commercial Development
4685 WABASH Avenue Springfield, IL 62707
4685 WABASH Avenue, Springfield, IL, 62707
$1,435,000
For Sale
$1,435,000
COMMERCIAL - Springfield, IL
Lot Size40.78 Acres
Days on Market157
Property Features for 4685 WABASH Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- I-1
- 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
Utilities
- Utilities
- Water Available
- Sewer type
- Public Sewer
Listing Agency
RE/MAX Professionals
(217) 787-7215
2667 Farragut Drive, Springfield, IL
Listed by
Jim Fulgenzi · License #471021607
(217) 341-5393
Added: Feb 11 Checked: Jul 18 at 10:06 am
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 nearly 41-acre tract presents a prime development opportunity on Springfield's rapidly expanding West Side. Currently in agricultural use, the property is zoned I-1, permitting a wide array of commercial applications, as well as potential mixed-use or subdivision development, contingent upon necessary approvals. Utilities are accessible at the site's edge. The property's southern boundary is bordered by a truncated city street, offering a logical access point for future planning. The location is strategic, surrounded by established and growing commercial entities such as Green Nissan, Buffalo Wild Wings, AMC Theatres, Culver's, Freddy's, and Pleasant Nursery. Toyota is also nearby. Situated approximately one-half mile from I-72 access and in proximity to Lowe's, multiple financial institutions, Best Buy, and White Oaks Mall, the property is well-positioned for retail, service, or commercial expansion, leveraging existing traffic and infrastructure. While tax records indicate a Wabash address, the property's access is now provided along the Southern boundary via Milby Lane at Alex Boulevard, aligning with the area's current and future development patterns.
Key Highlights
- 41‑acre tract with I‑1 zoning, allowing for diverse commercial uses and development possibilities.
- Strategic location near established commercial anchors like Green Nissan, Buffalo Wild Wings, and AMC Theatres.
- Proximity to I‑72 access (within a half‑mile radius) and major retailers.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Sundown One
Electronics & Wireless Store
Similar For Sale Nearby
FAQs
What type of property is this?
Commercial land - 40+ acre commercial land for sale in Springfield, IL.
Where is this commercial 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: 41‑acre tract with I‑1 zoning, allowing for diverse commercial uses and development possibilities.; Strategic location near established commercial anchors like Green Nissan, Buffalo Wild Wings, and AMC Theatres.; Proximity to I‑72 access (within a half‑mile radius) and major retailers.
