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4685 Wabash Ave Springfield, IL 62707

Sponsored
For Sale
$1,435,000

COMMERCIAL - Springfield, IL

Lot size:
40.78 Acres
Days on Market:
5
Last Refresh:
Feb 15 at 7:06 am

Property Features for 4685 Wabash Ave

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Active
Zoning
B-1
APN
21-11.0-300-030
Lot size
40.78 Acres

Utilities

Utilities
Water Available
Sewer type
Public Sewer

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Listing Contact
Jim Fulgenzi
Jim Fulgenzi

RMP of Springfield,LLC dba Remax Professionals (217) 787-7215

Listing agent Jim Fulgenzi

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.

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Property Insight Report

Overview

Prime Development Land 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 B-1, which allows for a wide range of commercial uses and potential mixed-use or subdivision development, subject to approvals. Utilities are available at the edge of the site. The property is bordered along its Southern boundary by a truncated city street, providing a logical point for future access and planning. The site is strategically located among established and growing commercial anchors, including Green Nissan, Buffalo Wild Wings, AMC Theatres, Culver's, Freddy's, Pleasant Nursery and Toyota. It is approximately one-half mile radius from I-72 access and in proximity to Lowe's, multiple financial institutions, Best Buy, and White Oaks Mall, positioning the property well for retail, service, or commercial expansion driven by existing traffic and infrastructure. While tax records reference a Wabash address, the property no longer has frontage on Wabash Avenue. Access is instead 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 development in Springfield, IL.
Where is this commercial land located?
The property is located at 4685 Wabash Ave 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 B-1 zoning, allowing for a wide range of commercial uses.; - Prime development opportunity on Springfield's rapidly expanding West Side.; - Strategically located among established and growing commercial anchors like Green Nissan, Buffalo Wild Wings, and AMC Theatres.
More about this property
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