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    2801 Ridge Ave Springfield, IL 62702

    For Sale
    $199,900

    Commercial - Springfield, IL

    Property size:
    3,000 SF
    Days on Market:
    132
    Last Refresh:
    Dec 8 at 1:06 am

    Property Features for 2801 Ridge Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    B-2
    APN
    14240378015
    Size
    3,000 SF

    Building Details

    Architectural style
    Other

    Keller Williams Capital (217) 553-4368 [email protected]

    Listing agent James Skeeters (217) 303-8445 License #475097981

    Listing date Jul 30, 2025

    MLS# CA1033739 Listing URL

    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

    Corner Lot with High Visibility

    This commercial property, formerly a car lot, includes an office and breakroom. Zoned B-2, the property offers various possibilities for use. Situated on a corner lot, it features ample parking, high traffic count, and great visibility. The property size is 3000 square feet and is located in Springfield, Illinois.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mitrione Motors Car Dealer

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Similar Places Nearby

    Wertz Alignment & Springs Inc

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Sangamon
    State
    Illinois
    Longitude
    -89.608787
    Latitude
    39.817657

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    FAQs

    What type of property is this?
    Parking lot & garage - Commercial property with office, breakroom, ample parking, and high visibility.
    Where is this parking lot & garage located?
    The property is located at 2801 Ridge Ave Springfield, IL.
    What is the asking price?
    The asking price for this property is $199,900.
    What are key features of this property?
    This property features: - High traffic count and great visibility due to corner lot location.; - Zoned B-2, offering many business possibilities.; - Plenty of parking available.
    (217) 303-8445
    Request Owner's contact information
    2801 Ridge Ave Springfield, IL 62702
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    Springfield, IL 62702
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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
    2801 Ridge Ave Springfield, IL 62702
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