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Commercial Land in Springfield, IL
For Sale
$79,900

411 W CARPENTER Street, Springfield, IL 62702

LAND - Springfield, IL

Property SizeContact for details
Days on Market143

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: May 12 Last Checked: Aug 21 at 3:06PM
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 in Springfield, Illinois, is zoned for residential use and presents a potential building site for commercial businesses, particularly a medical-related facility. The location is near a main thoroughfare leading to hospitals, making it an excellent location for such a facility.

Key Highlights

  • Excellent location for a medical‑related facility
  • Possible medical district building site
  • Near main thoroughfare to hospitals

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Auto Parts Store HVAC Service Real Estate Agency Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Electrical Service

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Commercial land suitable for medical-related facility near hospitals.
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: Excellent location for a medical‑related facility; Possible medical district building site; Near main thoroughfare to hospitals
More about this property
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