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Commercial Land Near Hospitals
For Sale
$79,900

411 W CARPENTER Street, Springfield, IL 62702

Land, Springfield, IL

Property SizeContact for details
Days on Market188

Property Features for 411 W CARPENTER Street

General Information

Property type Land
Property subtype Other
Zoning Residential
Lot features Level, Wooded
High school Springfield District #186
Directions North on Walnut to E on Carpenter. Lot on left side of street.
Standard status Active
APN 14280402027

Taxes and HOA fees

Tax Year 2024
Tax Description L 27 B 1 J. Bunns Addn
Tax Annual Amount 252
Legal Description L 27 B 1 J. Bunns Addn

Utilities

Utilities Natural Gas Available
Water source Public
Listing Agency: The Real Estate Group, Inc.
Listed By: Kathy Badger · License #475128998
Added: Apr 1 Changed: Sep 7 Last Checked: Oct 5 at 7:06PM
MLS# CA1042703

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 commercial land parcel is located at 411 W Carpenter Street in Springfield, Illinois. The site carries Residential zoning and is identified for potential commercial development, including a possible medical-related facility.

Public water serves the property, and natural gas is available. The parcel is positioned near a main thoroughfare serving area hospitals, providing context for medical-oriented development consideration.

Key Highlights

  • Commercial land at 411 W CARPENTER Street, Springfield, IL 62702
  • Residential zoning designation
  • Public water source

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency HVAC Service Auto Parts Store Grocery & Convenience Store Kitchen & Bath Showroom (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

2,512
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercial land with Residential zoning, public water, and natural gas availability near a hospital-serving thoroughfare.
Where is this commercial land located?
The property is located at 411 W CARPENTER Street Springfield, IL.
What is the asking price?
The asking price for this property is $79,900.
What are key features of this property?
This property features: Commercial land at 411 W CARPENTER Street, Springfield, IL 62702; Residential zoning designation; Public water source
More about this property
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