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Corner Commercial Land
For Sale
$800,000

8450 Willow Springs Road, Willow Springs, IL 60480

COMMERCIAL - Willow Springs, IL

Property SizeContact for details
Lot Size1.90 Acres
Days on Market1264

Property Features for 8450 Willow Springs Road

General Information

Property type Commercial Sale
Property subtype Retail
Directions Corner of Willow Springs and German Church Rd
Subdivision Willow Springs
Standard status Active
APN 18324010150000
Lot size 1.90 Acres

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 15309
Listing Agency: RE/MAX Market · RE/MAX International
Listed By: Lucy Mierop · License #471007678
Added: Feb 22, 2023 Changed: Aug 4 Last Checked: Aug 9 at 9:06AM
MLS# 11723703

Copyright © 2026 Midwest Real Estate Data, LLC. 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 1.897-acre commercial land parcel is positioned for future development in Willow Springs. The available concepts include separate retail buildings, a strip-center format, or retail condominium construction. A drive-through component may also be incorporated, subject to applicable approvals. The site can be divided into 2 or 3 parcels, providing multiple development configurations.

The property is next to a gas station and car wash, placing it among established commercial uses. It is located near 294, I-55, and Route 83, with the corner positioning and surrounding activity supporting customer-oriented retail planning. The property address is 8450 Willow Springs Road, Willow Springs, IL 60480.

Key Highlights

  • 1.897‑acre commercial land parcel in Willow Springs
  • Corner positioning near 294, I‑55, and Route 83
  • Development concepts include retail condominiums, individual buildings, or a strip center

Property Analytics

Current Use

Valvoline Auto Repair Shop

Suggested Use

Top Pick Building Supply Restaurant Real Estate Agency Big Box & Wholesale Store Law Firm Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

218
Businesses Nearby
32k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 86% Dining 14%
Speedway Shops & Services
17,337 visits/mo 0.1 miles
Mobil Shops & Services
10,566 visits/mo 0.4 miles
Dunkin' Donuts Dining
4,491 visits/mo 0.1 miles

Demographics for 60480, IL

5,272
Population
2,441
Households
2.2
Avg Household Size
47
Median Age
38%
College-Educated
95%
High-School Grad
11.2 sq mi
ZIP Area
471
Density / Sq Mi
$97,311
Median Household Income
$52,660
Median Earnings
$1,328
Median Rent
$355,600
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - The corner parcel accommodates concepts ranging from individual retail buildings to a multi-tenant strip center.
Where is this commercial land located?
The property is located at 8450 Willow Springs Road Willow Springs, IL.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: 1.897‑acre commercial land parcel in Willow Springs; Corner positioning near 294, I‑55, and Route 83; Development concepts include retail condominiums, individual buildings, or a strip center
More about this property
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