Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    Springfield, IL

    • Commercial land
    • 0.24 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US28-3229945
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial land

    Property Details

    Lot size
    0.24 lot acres
    Property type
    Commercial land
    APN
    14-36.0-201-027
    APU
    14360201027

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Sangamon
    State
    Illinois
    Longitude
    -89.6045
    Latitude
    39.8015
    CBSA code
    44100
    CBSA name
    SPRINGFIELD, IL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $299
    $3,387
    $0.00
    $3,387
    -
    $10,161
    $0.00
    $10,161

    Comparable in this City

    • Value Estimation by Request

      W

      VACANT COMMERCIAL LAND
      W, Marion, IL
      View Details
    • Value Estimation by Request
      0.00 Acres

      Springfield, IL

      VACANT COMMERCIAL LAND • 0.00 Acres
      Springfield, IL
      View Details
    • Value Estimation by Request
      1.65 Acres

      Springfield, IL

      VACANT COMMERCIAL LAND • 1.65 Acres
      Springfield, IL
      View Details
    • Value Estimation by Request
      0.59 Acres

      Springfield, IL

      VACANT COMMERCIAL LAND • 0.59 Acres
      Springfield, IL
      View Details
    • Value Estimation by Request
      0.37 Acres

      Springfield, IL

      VACANT COMMERCIAL LAND • 0.37 Acres
      Springfield, IL
      View Details
    • Value Estimation by Request
      0.05 Acres

      Springfield, IL

      VACANT COMMERCIAL LAND • 0.05 Acres
      Springfield, IL
      View Details

    Similar Nearby for Sale

    • $148,000

      Fairview Heights Commercial Development Site

      7.4 acre commercial development site in Fairview Heights, Illinois.
      N Ruby Ln, Fairview Heights, IL
      View Details
    • Contact for pricing

      220-Acre Corporate/Logistics Center

      220-acre corporate/logistics center at I-90/39 & Rte. 173.
      Park-90 Corp Ctr, Machesney Park, IL
      View Details
    • $225,000

      3.38 Acres near I-270

      3.38 acres with interstate visibility and convenient access.
      I-270 Rte, Granite City, IL
      View Details
    • $115,000

      High-Visibility Corner Commercial Lot

      Prime commercial land with high traffic and development potential.
      Rockford, IL
      View Details
    • $2,456,784

      24.4 Acres on Business Corridor

      24.4 acres on primary business corridor near major routes.
      2834-2836 S Park Ave, Energy, IL
      View Details
    • $6,075,000

      I-55 & IL-143 Land

      Land at I-55 and IL-143 in Edwardsville, Illinois.
      I-55 & Il-143, Edwardsville, IL
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      6 Acre Development Site

      6-acre development site in the Lockport market for rent.
      16556 W 159 St, Lockport, IL
      View Details
    • Contact for pricing

      Commercial Land Near Residential Development

      Commercial land available near residential and apartment developments.
      3400 W Il Rte, Mundelein, IL
      View Details
    • Contact for pricing
      45,373 SF

      High Visibility Land for Lease

      Pad-ready land for lease in affluent suburban market.
      101 Roman Ln, Lake Zurich, IL
      View Details
    • Contact for pricing

      Algonquin Land Ready For Development

      1.01 acre lot ideal for restaurant, retail, or medical.
      2310 S Randall Rd, Algonquin, IL
      View Details
    • $1,850 /Mo

      Commercial Land For Rent

      1-2 acre commercial land available near Illinois Highway 3.
      914 St Thomas Rd, Granite City, IL
      View Details
    • $0.99 SF/Yr

      Pad-Ready Sites For Lease

      Pad-ready sites suitable for various commercial uses available for lease.
      I-64 And Il-157, Caseyville, IL
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Springfield, IL
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.