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Property profile & analytics
OFF-MARKET
Commercial land

3353 Atlanta St Springfield, IL 62707

1.19 ac lot
Entity Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US28-2910104
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 1.19 ac (51,836 SF)
APN 15-18.0-301-004
UPID US28-2910104
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Otto Baum Co INC · 1 yrs held
Otto Baum Co INC
since 2025
Last sale
$64,500
1 recorded transaction
2025
$64,500
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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