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Highway Frontage Vacant Land
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Illinois 54 and Colt Rd, Springfield, IL 62561

Vacant land with frontage on Illinois 54.

Property SizeContact for details
Lot Size0.09 Acres
Days on Market1507

Property Features for Illinois 54 and Colt Rd

General Information

Standard status Active
Class B
Lot size 0.09 Acres
Property subtype Industrial, Land, Multifamily, Office, Retail
Zoning MDR, Multifamily,commercial, mixed
Investment Type Owner/User
Listing Agency: Executive Realty Network
Listed By: Miro Lakic · License #BK 667214
Source: Crexi
Added: Jul 7, 2022 Changed: Aug 14 Last Checked: Aug 20 at 9:47PM

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 Executive Realty Network

Investment Insights

Based on property information with market context.

This vacant land fronts Illinois 54, also known as Saganan Avenue, a main highway. The property is located near an exit and where road widening ended, close to Colt Road. The lot has 78 feet of frontage on Illinois 54 and is 100 feet deep, totaling 0.09 acres. The zoning allows for residential, general commercial, and industrial uses, reflecting the presence of other commercial properties on the same road. All cash offers will be responded to in writing within 24 hours.

Key Highlights

  • Main highway frontage on Illinois 54/Saganan Ave.
  • Close proximity to an exit.
  • Zoned for residential, general commercial, and industrial use.

Property Analytics

Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

12
Businesses Nearby

Demographics for 62561, IL

5,229
Population
2,437
Households
2.1
Avg Household Size
40
Median Age
19%
College-Educated
93%
High-School Grad
23.2 sq mi
ZIP Area
225
Density / Sq Mi
$78,519
Median Household Income
$43,305
Median Earnings
$1,034
Median Rent
$156,400
Median Home Value
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Vacant land with frontage on Illinois 54.
Where is this commercial land located?
The property is located at Illinois 54 and Colt Rd Springfield, IL.
What are key features of this property?
This property features: Main highway frontage on Illinois 54/Saganan Ave.; Close proximity to an exit.; Zoned for residential, general commercial, and industrial use.
More about this property
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