Springfield, IL Commercial Land for Sale

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Updated: Aug 27

Commercial Land with Highway Access

2400 Chuckwagon Drive, Springfield, IL 62711

$450,000

3.67 AC lot

3.67‑acre commercial land parcel in Prairie Crossing Development
B‑1 zoning supports the stated commercial land classification
Located at I‑72 and Veterans Parkway (IL Rt. 4)
Water Available
Public Sewer

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Updated: May 7

45 Acres in Springfield, IL

TORONTO Road, Springfield, IL 62707

$700,000

45.03 AC lot

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.
Engineering layouts available for both residential and commercial applications.
Located within a mile of UIS and LLCC.

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I-1 Industrial Development Land

4685 WABASH Avenue, Springfield, IL 62707

$1,435,000

40.78 AC lot

Agricultural tract with industrial zoning, edge-of-site utilities, and planned access from the southern boundary.

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2.75 Acres in Springfield, IL

3101 Taylor Avenue, Springfield, IL 62703

$210,000

2 sqft 2.75 AC lot

2.75 acres in southeast Springfield with strong traffic counts.

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Commercial Land with Frontage

S PARK Avenue, Springfield, IL 62704

$199,000

2.08 AC lot

Commercial land offering direct access, street exposure, and a retail-oriented location near ongoing area expansion.

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Commercial Land with Street Frontage

S PARK Avenue, Springfield, IL 62704

$199,000

2.08 AC lot

B-2 County Retail Business zoning with water available and access from multiple roadways.

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Commercial Land Development Lot

Lincolnshire Boulevard lot: 19, Springfield, IL 62704

$1,003,622

1.44 AC lot

Development parcel within a planned complex featuring sports facilities, hotels, restaurants, and retail uses.

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Undeveloped Land Near Veterans Parkway

2800 Mathers Rd, Springfield, IL 62711

$3,990,000

76 sqft

76.5 acres of mixed-zoned commercial land with highway frontage.

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Commercial Development Lot

Lincolnshire Boulevard lot: 16D, Springfield, IL 62704

$1,554,220

2.23 AC lot

Commercial land available for development within a sports, hospitality, dining, and retail destination.

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Commercial Land Development Lot

Lincolnshire Boulevard lot: 17, Springfield, IL 62704

$975,744

1.40 AC lot

Commercial parcel within a development featuring sports facilities, hotels, restaurants, and a retail center.

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Prime Commercial Lots on Wabash

3130 Wabash Avenue Unit #9-007, Springfield, IL 62704

$280,309

8.50 AC lot

Available lots in the heart of southwest Springfield's commercial activity.

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Industrial-Zoned Commercial Land

3104 CONSTITUTION Drive, Springfield, IL 62704

$818,120

3.75 AC lot

Industrial zoning and public sewer are in place for this commercial land parcel.

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Commercial Land Development Lot

Lincolnshire Boulevard lot: 18, Springfield, IL 62704

$947,865

1.36 AC lot

1.36-acre commercial parcel within a sports, hospitality, dining, and retail development.

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Commercial Outlot Land

3112-3118 S Dirksen Pkwy, Springfield, IL 62703

Contact for pricing

0.40 AC lot

Pad site along South Dirksen Parkway with I-55 exposure and established retail nearby.

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Commercial Land Near Sports Park

Lincolnshire Boulevard lot: 10, Springfield, IL 62704

$1,965,427

2.82 AC lot

Commercial parcel in a development with an air-supported sports dome, two hotels, and a third planned.

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Commercial Land Development Parcel

Lincolnshire Boulevard lot: 11, Springfield, IL 62704

$3,401,164

4.88 AC lot

Development parcel positioned within the Legacy Pointe commercial project, near sports, hospitality, dining, and retail components.

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Commercial Land with Nursery Improvements

4234 Wabash Avenue, Springfield, IL 62711

$1,300,000

I-1-zoned acreage includes a house, outbuildings, and established tree coverage.

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Nursery Property with Outbuildings

4234 WABASH Avenue, Springfield, IL 62711

$1,300,000

Established nursery setting with mature trees, a house, multiple outbuildings, and available water service.

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Commercial Development Land

300,312,324 Bruns Lane, Springfield, IL 62702

$675,000

Level site comprising three parcels with recent rezoning and Bruns Lane frontage.

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Office Building with Development Land

3055 S 4TH Street, Springfield, IL 62703

$395,000

Brick office building with newer HVAC, parking, and additional land for development.

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Commercial Development Lot at Sports Park

Lot 19 Lincolnshire Boulevard, Springfield, IL 62704

$1,003,622

Lot 19 on Lincolnshire Boulevard offers development opportunities within Scheels Sports Park at Legacy Pointe.

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Commercial Land Development Site

2501 Marketplace Drive, Springfield, IL 62702

$2,132,262

Development site with stormwater detention and utilities already extended to the property.

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Infill Development Land with Arterial Frontage

3140 Wabash Avenue Unit #9-008, Springfield, IL 62704

$277,477

Infill commercial land with frontage on Wabash Avenue and nearby retail anchored by White Oaks Mall.

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Commercial Land with Parkway Frontage

4351 Conestoga Drive, Springfield, IL 62707

$440,000

2.46 AC lot

B-1-zoned parcel with water available and nearby retail, restaurant, and hotel uses.

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Springfield, IL Commercial Land Market Trends and Statistics

Explore 82 commercial land for sale in Springfield, IL, showcased through 82 active listings on our real estate platform. These investment opportunities span a total of 11,722,264 square feet of properties for sale, with an estimated market value of $44,502,863.

Sale prices for commercial lots in Springfield, IL start at $39,900, averaging $729,555, and reaching up to $7,900,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 138K

Population Growth (5Y) +1.9%

Median Household Income $70,314

College Educated 9.5%

High-Yield Neighborhoods for Investment

Identify Springfield submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
62712	$47.5K
62703	$201.8K
62702	$401.8K
62707	$525.9K
62704	$855.3K

Taxes & Financing

Tax Rate (average for all types) 8.64%

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Sangamon County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Springfield fall within the 50 to 100 acres range.

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