45 Acres in Springfield,
For Sale
$750,000
TORONTO Road, Springfield, IL 62707
COMMERCIAL - Springfield, IL
Property SizeContact for details
Lot Size45.03 Acres
Days on Market106
Property Features for TORONTO Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
R-3, S2
Directions
NE Corner of Toronto Road and North Cotton Hill
Standard status
Active
APN
22270426031
Lot size
45.03 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
3570
Listing Agency:
The Real Estate Group, Inc.
(217) 787-7000
Listed By:
Jay Clark · License #475103848
(217) 725-3402
Added: May 7
Changed: Aug 4
Last Checked: Aug 20 at 6:06PM
MLS# CA1043546
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 45.03-acre property is located at the northeast corner of Toronto Road and North Cotton, near the I-55 Toronto Road interchange. Situated within a mile of both the University of Illinois Springfield (UIS) and Lincoln Land Community College (LLCC), the site offers potential for residential and commercial development, specifically office or retail spaces. Engineering layouts for both residential and commercial applications are available. The property is zoned R-3 and S2. The location benefits from a daily traffic count of 8,800 vehicles.
Key Highlights
- 45 acres of land suitable for development.
- Prime location at the NE corner of Toronto Road and North Cotton, near the I‑55 Toronto Road interchange.
- Development potential for both residential and commercial (office/retail) use.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
190
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 $750,000.
What are key features of this property?
This property features: 45 acres of land suitable for development.; Prime location at the NE corner of Toronto Road and North Cotton, near the I‑55 Toronto Road interchange.; Development potential for both residential and commercial (office/retail) use.
