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    1420-1430 6Th St Springfield, IL 62703
    Property profile & analytics

    1420-1430 6Th St, Springfield, IL 62703

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    • Land
    • 0.56 lot acres
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 1420-1430 6Th St

    Lot size
    0.56 lot acres
    Property type
    Land

    Description

    This 0.56-acre commercial lot in Springfield, IL, presents a unique redevelopment opportunity. Located at 1420-1430 S 6th St, this hard corner lot boasts over 160 feet of frontage on a high-traffic corridor with a combined 22,500 AADT (Average Annual Daily Traffic). The property's S-3 & B-1 zoning allows for a variety of commercial uses. Its strategic location near Downtown Springfield places it in close proximity to major employers like Springfield Clinic and Hanson Professional Services, as well as numerous established businesses including McDonald's, AT&T, Subway, MotoMart, and Family Dollar. The asking price is $79,900, offering a compelling value proposition at approximately $3.27 per square foot. Multiple curb cuts ensure convenient access for customers and employees. The APN is 22-03.0-102-016, 22-03.0-102-018. This property is for sale by owner and presents a rare chance to acquire a high-visibility site in a thriving area. Don't miss this chance to establish your business in a prime location with exceptional visibility and access. The property is priced to sell quickly.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Sangamon
    State
    Illinois
    Longitude
    -89.6483
    Latitude
    39.7862
    More about this property
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