Parking & Garage

Springfield, IL Parking Lots & Garages for Sale

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Commercial Lots in Springfield, IL
Updated: Mar 11, 2025
Commercial Lots in Springfield, IL

3025 LINDBERGH Avenue lot: 2, Springfield, IL 62704

$374,616
0.86 AC lot
West side location
Divisible into 3 parcels
Parcels can be combined
Current parking lot
Corner lot
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Commercial Lots in Springfield, IL
Updated: Mar 11, 2025
Commercial Lots in Springfield, IL

3025 LINDBERGH Avenue lot: 3, Springfield, IL 62704

$283,140
0.65 AC lot
West side location
Divisible into 3 parcels
Parcels can be combined
Current parking lot
Corner lot
View details
Commercial Lots in Springfield, IL
Commercial Lots in Springfield, IL

3025 LINDBERGH Avenue lot: 1, Springfield, IL 62704

$370,260
0.85 AC lot

West side commercial lots available for sale in Springfield.

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Surface Parking Redevelopment Site
Surface Parking Redevelopment Site

301 N 5th Street, Springfield, IL 62701

$299,000

1.1-acre property with surface parking and 320 feet of Madison Street frontage, plus additional access from N. 5th Street.

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Paved and Fenced Parking Lot
Paved and Fenced Parking Lot

108 West Mason Street, Springfield, IL 62702

$184,000

Paved and fenced parking lot for sale.

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Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 5 Active listings in Springfield, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Redevelopment Parcel Assemblage with Office
Redevelopment Parcel Assemblage with Office

507 West Springfield Avenue, Urbana, IL 61801

$550,000
23,320 sqft 0.54 AC lot

Assembled parcels totaling 0.54 acres include a zoned office building and an on-grade parking lot.

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Mixed-Use Redevelopment Land Assemblage
Mixed-Use Redevelopment Land Assemblage

507 Springfield Avenue, Urbana, IL 61801

$550,000
0.54 AC lot

Redevelopment assemblage with an on-grade parking lot and an approximately 2,000-square-foot office building zoned for mixed-use potential.

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Fenced Parking Lot and Garage Building
Fenced Parking Lot and Garage Building

1020 Milton Road, Alton, IL 62002

$150,000
0.84 AC lot

Large fenced commercial parking lot and building featuring multiple garages in Alton, IL.

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Commercial Parking Lot with Garages
Commercial Parking Lot with Garages

1020 Milton Road, Alton, IL 62002

Contact for pricing

Fenced parking lot with building and multiple garages for sale.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Corner Lot on East Main
Corner Lot on East Main

105 South Donk Avenue, Maryville, IL 62062

$160,000
11,499 sqft 0.26 AC lot

Two commercial lots near park pavilion under construction.

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Granite City Multi-Use Facility
Granite City Multi-Use Facility

1908 State Street, Granite City, IL 62040

$190,000
17,691 sqft 0.29 AC lot

Multi-use facility in downtown Granite City with ample parking.

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Mixed-Use Office and Event Site
Mixed-Use Office and Event Site

7954 N Broadway, St, Louis, MO 63147

$200,000
0.12 AC lot

Three-parcel site includes an office building with six tenants, an event center, and a garage.

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Downtown Office Building
Downtown Office Building

12 W Lincoln Street, Belleville, IL 62220

$299,000
8,744 sqft 0.11 AC lot

Office building with numerous private offices, meeting rooms, and dedicated parking for more than 15 spaces.

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Springfield, IL Parking Lots & Garages Market Trends and Statistics

Explore 5 parking lots & garages for sale in Springfield, IL, showcased through 5 active listings on our real estate platform.

Sale prices for parking garages in Springfield, IL start at $184,000, averaging $302,203, and reaching up to $374,616 — 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

Office Spaces 362
Land 269
Office Units 237
Retail properties & Spaces 155
Commercial land 146

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
62702 $184K
62704 $342.7K

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 100,000+ square foot range.

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