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4685 WABASH Avenue Springfield, IL 62707

View on Map
For Sale
$1,435,000

COMMERCIAL - Springfield, IL

Lot size:
40.78 Acres
Added:
Feb 11, 2026
Days on Market:
49
Last Refresh:
Apr 1 at 7:06 pm

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

TaxYear
2024
TaxDescription
See Tax Records
TaxAnnualAmount
2110

Utilities

Utilities
Water Available
Sewer type
Public Sewer

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Listing Contact
Jim Fulgenzi
Jim Fulgenzi

Listing agent Jim Fulgenzi License #471021607

Listing office RE/MAX Professionals 2667 Farragut Drive, Springfield, IL

Listing date Feb 11, 2026

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.


Overview

Springfield Commercial Development Opportunity

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.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Sundown One Electronics & Wireless Store

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

Location Insight

  • Map
  • Local Demand
City
Springfield
County
Sangamon
State
Illinois
Longitude
-89.737592
Latitude
39.756944

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.
More about this property
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