3353 Atlanta St Springfield, IL 62707
This 1.19-acre lot, identified as APN 15180301004, presents a compelling development opportunity in Springfield, Illinois. Located at 3353 Atlanta Street, this parcel is zoned L-1 and offers excellent visibility from Interstate 55, a major thoroughfare with approximately 27,300 vehicles passing daily just north of the Sangamon Avenue exit. The property's strategic location on the frontage road of Farmer's Market and Atlanta Street provides high traffic exposure. Its proximity to Northfield Plaza and S. Dirksen Parkway, areas boasting significant retail, medical, and restaurant establishments (with approximately 26,300 vehicles per day), further enhances its commercial potential. This lot is part of a larger 20.65-acre tract that can be purchased individually or as a whole. Detailed lot breakdown and pricing information are available upon request. The asking price for this specific 1.19-acre parcel is $64,260. This represents a unique chance to acquire land in a high-traffic area with strong potential for various commercial or industrial developments. The property's address is 3353 Atlanta Street, Springfield, IL 62707.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.