Warehouse with INDUS
For Sale
Contact for pricing
313 W Madison Street, Springfield, IL 62702
Commercial Sale, Springfield, IL
Property SizeContact for details
Lot Size0.09 Acres
Days on Market204
Property Features for 313 W Madison Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
INDUS
Directions
on W Madison between Logan and Rutledge
Subdivision
Springfield
Standard status
Active
APN
14280476013000
Lot size
0.09 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
3237
Building Details
Year built
1900
Floors in Building
2
Listing Agency:
Parkvue Realty Corporation
(312) 788-4040
Listed By:
Anthony Disano · License #471010606
(312) 788-4040
Added: Jan 28
Changed: Aug 20
Last Checked: Aug 20 at 2:06PM
MLS# 12556773
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 warehouse and distribution facility at 313 W Madison Street, Springfield, IL 62702 is positioned for storage, packaging, and logistics, including shipping and receiving operations. Public remarks also indicate the district may accommodate industrial-character processing or fabrication uses, along with light manufacturing and assembly of components or goods that do not create significant nuisances. The property was built in 1900.
The site is on a 0.0868-acre lot and is zoned INDUS. Public remarks further describe industrial supporting operations, such as contractor yards or equipment maintenance, as often permitted through conditional use. The remarks also reference utility and public service functions, including water facilities or electrical substations.
Transaction terms noted in the public remarks indicate seller-financing will not be considered and that the buyer must be cash.
Zoning-related conditional uses discussed in the remarks include cannabis craft growing or processing, described as approved as conditional uses within I1 in Springfield with specified conditions.
The site is on a 0.0868-acre lot and is zoned INDUS. Public remarks further describe industrial supporting operations, such as contractor yards or equipment maintenance, as often permitted through conditional use. The remarks also reference utility and public service functions, including water facilities or electrical substations.
Transaction terms noted in the public remarks indicate seller-financing will not be considered and that the buyer must be cash.
Zoning-related conditional uses discussed in the remarks include cannabis craft growing or processing, described as approved as conditional uses within I1 in Springfield with specified conditions.
Key Highlights
- 0.0868‑acre warehouse site at 313 W Madison Street, Springfield, IL
- Zoned INDUS with industrial supporting operations often via conditional use
- Built in 1900
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
4,305
Businesses Nearby
Under-served
Demand for This Use
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 Industrial in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Warehouse - Warehousing and distribution facility on a 0.0868-acre lot zoned INDUS in Springfield, IL.
Where is this warehouse located?
The property is located at 313 W Madison Street Springfield, IL.
What are key features of this property?
This property features: 0.0868‑acre warehouse site at 313 W Madison Street, Springfield, IL; Zoned INDUS with industrial supporting operations often via conditional use; Built in 1900
