Zoned Development Land
For Sale
$1,435,000
4685 Wabash Avenue, Springfield, IL 62707
Nearly 41-acre agricultural tract with I-1 zoning and utility service at the site edge.
Property SizeContact for details
Lot Size41.00 Acres
Days on Market49
Property Features for 4685 Wabash Avenue
General Information
Standard status
Active
Lot size
41.00 Acres
Property subtype
Commercial
Zoning
I-1
Site & Location
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Listing Agency:
RE/MAX Professionals
Listed By:
Jim Fulgenzi (jim@yourhome101.com) · License #471021607
(217) 341-5393
Source:
Davisrealtor
Added: Jul 18
Changed: Aug 24
Last Checked: Sep 4 at 7:07AM
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 RE/MAX Professionals
Investment Insights
Based on property information with market context.
This nearly 41-acre tract is currently in agricultural use and includes I-1 zoning. Utilities are available at the edge of the property, and the site is bordered along its southern boundary by a truncated city street, which provides a logical planning point for future access and development.
Although tax records reference a Wabash address, the property no longer has frontage on Wabash Avenue. Access is instead provided along the southern boundary via Milby Lane at Alex Boulevard. The tract is located in Springfield’s West Side development corridor and is situated near established and growing commercial anchors, including Green Nissan, Buffalo Wild Wings, AMC Theatres, Culver’s, Freddy’s, Pleasant Nursery, and Toyota. It is approximately one-half mile from I-72 access, and is also in proximity to Lowe’s, multiple financial institutions, Best Buy, and White Oaks Mall.
For prospective buyers, the combination of I-1 zoning, available utilities at the property line, and identified southern access supports a range of commercial development and planning possibilities, subject to required approvals.
Although tax records reference a Wabash address, the property no longer has frontage on Wabash Avenue. Access is instead provided along the southern boundary via Milby Lane at Alex Boulevard. The tract is located in Springfield’s West Side development corridor and is situated near established and growing commercial anchors, including Green Nissan, Buffalo Wild Wings, AMC Theatres, Culver’s, Freddy’s, Pleasant Nursery, and Toyota. It is approximately one-half mile from I-72 access, and is also in proximity to Lowe’s, multiple financial institutions, Best Buy, and White Oaks Mall.
For prospective buyers, the combination of I-1 zoning, available utilities at the property line, and identified southern access supports a range of commercial development and planning possibilities, subject to required approvals.
Key Highlights
- Nearly 41‑acre tract currently in agricultural use on Springfield’s West Side.
- I‑1 zoning supports a wide range of commercial uses, with potential mixed‑use or subdivision development (subject to approvals).
- Utilities are available at the edge of the site.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
306
Businesses Nearby
Explore this area
Business Placement
Demographics for 62707, IL
7,290
Population
3,751
Households
1.9
Avg Household Size
47
Median Age
28%
College-Educated
94%
High-School Grad
41.8 sq mi
ZIP Area
174
Density / Sq Mi
$83,988
Median Household Income
$48,471
Median Earnings
$926
Median Rent
$164,300
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Agricultural land / Farmland - Nearly 41-acre agricultural tract with I-1 zoning and utility service at the site edge.
Where is this agricultural land / farmland located?
The property is located at 4685 Wabash Avenue Springfield, IL.
What is the asking price?
The asking price for this property is $1,435,000.
What are key features of this property?
This property features: Nearly 41‑acre tract currently in agricultural use on Springfield’s West Side.; I‑1 zoning supports a wide range of commercial uses, with potential mixed‑use or subdivision development (subject to approvals).; Utilities are available at the edge of the site.
