2430 Grand Ave Springfield, IL 62703
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 2430 Grand Ave
- Property type
- Commercial real estate
Description
This exceptional commercial property presents a unique investment opportunity in Springfield, Illinois. Located at the southwest corner of South Grand Avenue and Taylor Avenue, this high-visibility site boasts a prime location at a stoplight intersection. The property benefits from significant daily traffic volume, with 13,100 cars passing daily on South Grand Avenue at this intersection. The offering includes two parcels, identified as 22-02.0-201-015 and 22-02.0-201-013, providing ample space for development or redevelopment. This strategic location is further enhanced by its inclusion within the Dirksen Parkway Commercial Tax Increment Financing (TIF) district and an Opportunity Zone, offering potential tax incentives and investment benefits. The asking price for this exceptional corner lot is $40,000. This presents a compelling opportunity for investors seeking a high-traffic location with significant development potential and attractive tax incentives. The property's address is 2430 South Grand Avenue, Springfield, IL 62703.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Springfield
- County
- Sangamon
- State
- Illinois
- Longitude
- -89.6201803
- Latitude
- 39.7869886
