Multi-Tenant Strip
New
For Sale
$899,000
121 E N Grand Avenue, Springfield, IL 62702
COMMERCIAL - Springfield, IL
Property SizeContact for details
Days on Market5
Property Features for 121 E N Grand Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
S-2
Directions
Corner of North Grand and Monument
Standard status
Active
APN
14220351031
Taxes and HOA fees
Tax Year
2025
Tax Description
L 1-2&3 B 2 WADDELLS ADDN
Tax Annual Amount
29695
Legal Description
L 1-2&3 B 2 WADDELLS ADDN
Listing Agency:
Keller Williams Capital · Keller Williams Realty
(217) 303-8445
Listed By:
James Skeeters · License #475097981
(217) 971-6775
Added: Aug 14
Last Checked: Aug 18 at 12:06AM
MLS# CA1045827
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.
Investment Insights
Based on property information with market context.
This multi-tenant strip mall is located at 121 E N Grand Avenue in Springfield, Illinois. The property is zoned S-2 and accommodates a range of retail tenants within a shopping-center format.
The site is on Springfield’s north side, a few blocks from Lincoln’s Tomb. Downtown Springfield is nearby, while the airport and Interstate 55 are each a couple of miles away, providing access to established civic, visitor, transportation, and downtown destinations.
The site is on Springfield’s north side, a few blocks from Lincoln’s Tomb. Downtown Springfield is nearby, while the airport and Interstate 55 are each a couple of miles away, providing access to established civic, visitor, transportation, and downtown destinations.
Key Highlights
- S‑2 zoning supports the property’s commercial retail classification
- Multi‑tenant strip mall with a range of tenants
- 121 E N Grand Avenue, Springfield, IL 62702
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,922
Businesses Nearby
Explore this area
Business Placement
Demographics for 62702, IL
33,712
Population
17,083
Households
2
Avg Household Size
41
Median Age
20%
College-Educated
90%
High-School Grad
15.4 sq mi
ZIP Area
2,189
Density / Sq Mi
$52,748
Median Household Income
$38,160
Median Earnings
$858
Median Rent
$102,300
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Strip mall - S-2-zoned retail property near Lincoln’s Tomb and downtown Springfield.
Where is this strip mall located?
The property is located at 121 E N Grand Avenue Springfield, IL.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: S‑2 zoning supports the property’s commercial retail classification; Multi‑tenant strip mall with a range of tenants; 121 E N Grand Avenue, Springfield, IL 62702
