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    5409 Irongate Dr Springfield, IL 62711

    Sponsored
    Picture of Residential land & home lots at Irongate Dr 5409, Springfield, IL
    For Sale
    Contact for pricing

    LAND - Springfield, IL

    Days on Market:
    200
    Last Refresh:
    Jan 9 at 10:06 am

    Property Features for 5409 Irongate Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Residential
    APN
    21250276001

    Utilities

    Utilities
    Cable Available
    Water source
    Public

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

    Listing agent Jay Clark

    Listing date Jun 24, 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 is located in Springfield, Illinois, within Sangamon County. The property is zoned for residential use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Law Firm Nail Salon Department Store Bar & Pub Discount Store Bakery Laundry Service Veterinary Clinic Dry Cleaner

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

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Sangamon
    State
    Illinois
    Longitude
    -89.707153
    Latitude
    39.72077

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    FAQs

    What type of property is this?
    Residential land & home lot - Residential land available in Springfield, Illinois.
    Where is this residential land & home lot located?
    The property is located at 5409 Irongate Dr Springfield, IL.
    What is the asking price?
    The asking price for this property is $25,000.
    What are key features of this property?
    This property features: - Location: Coordinates provided (-89.70715, 39.72077); - Utilities: Cable Available; - Water Source: Public
    (217) 725-3402
    Request Owner's contact information
    5409 Irongate Dr 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
    5409 Irongate Dr Springfield, IL 62711
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