45 Acres Development
For Sale
Contact for pricing
TORONTO Road, Springfield, IL 62707
45 acres suitable for residential or commercial development.
Property SizeContact for details
Lot Size45.00 Acres
Days on Market922
Property Features for TORONTO Road
General Information
Standard status
Active
Lot size
45.00 Acres
Property subtype
Land
Zoning
S2 & R3A
Listing Agency:
RMLS Alliance
(217) 725-3402
Listed By:
Jay Clark · License #475103848
Source:
Crexi
Added: Feb 10, 2024
Changed: Aug 7
Last Checked: Aug 7 at 5:09AM
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 RMLS Alliance
Investment Insights
Based on property information with market context.
This 45-acre property is located at the northeast corner of Toronto Road and North Cotton, near the I-55 Toronto Road interchange. The site is located within a mile of both the University of Illinois Springfield (UIS) and Lincoln Land Community College (LLCC). The property offers potential for both residential and commercial development, specifically office or retail applications. Engineering layouts for both residential and commercial uses are available in the documents. The daily traffic count is 8,800 vehicles.
Key Highlights
- 45 acres of land with potential for residential or commercial development.
- Located on the NE Corner of Toronto Road and North Cotton, just off I‑55 Toronto Road interchange.
- Engineering layouts for both residential and commercial applications are available.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
193
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?
Commercial land - 45 acres suitable for residential or commercial development.
Where is this commercial land located?
The property is located at TORONTO Road Springfield, IL.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: 45 acres of land with potential for residential or commercial development.; Located on the NE Corner of Toronto Road and North Cotton, just off I‑55 Toronto Road interchange.; Engineering layouts for both residential and commercial applications are available.
