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    5000 Benton Pt Springfield, IL 62711

    Sponsored
    For Sale
    $114,900

    LAND - Springfield, IL

    Lot size:
    1.16 Acres
    Days on Market:
    106
    Last Refresh:
    Jan 9 at 7:06 am

    Property Features for 5000 Benton Pt

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Residential
    APN
    21-25.0-101-024
    Lot size
    1.16 Acres

    Utilities

    Utilities
    Electricity Available
    Water source
    Public

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

    Listing agent Kyle T Killebrew

    Listing date Sep 26, 2025

    Copyright © 2025 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

    Residential Land in Springfield, IL

    This residential land in Springfield, Illinois, offers over an acre of space with mature trees, suitable for building a home with a walk-out basement. Located in the Chatham School district, the property is part of the expanding North Reserve subdivision. The lot is ready for construction and presents an opportunity to set the trend for curb appeal in the area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Sangamon
    State
    Illinois
    Longitude
    -89.72224355
    Latitude
    39.72698686

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    FAQs

    What type of property is this?
    Residential land & home lot - Over an acre of land ready for your dream home.
    Where is this residential land & home lot located?
    The property is located at 5000 Benton Pt Springfield, IL.
    What is the asking price?
    The asking price for this property is $114,900.
    What are key features of this property?
    This property features: - Over an acre of land featuring mature trees.; - Ready to accommodate a walk-out basement.; - Located in the sought-after Chatham School district.
    (217) 741-4040
    Request Owner's contact information
    5000 Benton Pt Springfield, IL 62711
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    Springfield, IL 62711
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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
    5000 Benton Pt Springfield, IL 62711
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