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Vacant Commercial Land Lots
For Sale
$40,000

2942 South 11th Street, Springfield, IL 62703

Four vacant lots offer flexible options for use in a B-2 zoned high-traffic area.

Property SizeContact for details
Days on Market335

Property Features for 2942 South 11th Street

General Information

Standard status Active
Property subtype Land / Lots & Land
Zoning B-2

Taxes and HOA fees

Annual Taxes $1,437
Listing Agency: The Real Estate Group Inc.
Listed By: Curtis Tillett · License #475089421
Source: Compass
Added: Sep 24, 2025 Changed: Aug 24 Last Checked: Jul 23 at 11:05AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Real Estate Group Inc.

Investment Insights

Based on property information with market context.

The offering consists of four vacant lots classified under Class 30 unimproved residential tax code A02. The property is being marketed as land with multiple possible uses, with no buildings or improvements noted.

According to the public remarks, the site is located in a high-traffic area. The property is zoned B-2.

The lots are available as a group for buyers seeking a B-2 zoned parcel in Springfield, Illinois.

Key Highlights

  • Four vacant lots available
  • Class 30 Unimproved Residential (Tax Code A02)
  • Zoned B‑2

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Kitchen & Bath Showroom Plumbing Service (Bike/Boat/Book/etc) 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

565
Businesses Nearby

Demographics for 62703, IL

28,344
Population
14,320
Households
2
Avg Household Size
37
Median Age
21%
College-Educated
85%
High-School Grad
14.9 sq mi
ZIP Area
1,902
Density / Sq Mi
$44,580
Median Household Income
$36,345
Median Earnings
$971
Median Rent
$93,100
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Four vacant lots offer flexible options for use in a B-2 zoned high-traffic area.
Where is this commercial land located?
The property is located at 2942 South 11th Street Springfield, IL.
What is the asking price?
The asking price for this property is $40,000.
What are key features of this property?
This property features: Four vacant lots available; Class 30 Unimproved Residential (Tax Code A02); Zoned B‑2
More about this property
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