Springfield, IL Residential Land & Home Lots for Sale

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Updated: May 7

45 Acres in Springfield, IL

TORONTO Road, Springfield, IL 62707

$700,000

45.03 AC lot

45 acres of land suitable for development.
Prime location at the NE corner of Toronto Road and North Cotton, near the I‑55 Toronto Road interchange.
Development potential for both residential and commercial (office/retail) use.
Engineering layouts available for both residential and commercial applications.
Located within a mile of UIS and LLCC.

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Updated: Apr 3

Springfield Luxury Home Site

3508 ENGLEWOOD Trail, Springfield, IL 62711

$159,900

1.00 AC lot

Premier cul‑de‑sac lot boasting 186 feet of pond frontage and picturesque views.
Located in the highly desirable North Reserve subdivision surrounded by luxury homes.
Springfield address with city utilities (Cable Available, Public Water).
Situated within the sought‑after Chatham School District.
Offers both prestige and privacy.

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Residential Land Lot for Single Family

2001 W LAUREL Street, Springfield, IL 62704

$239,900

1.10 AC lot

Residential-zoned lot offering ample buildable space, with a portion identified as easement in the listing remarks.

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See what stands out in Sangamon County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

Cap Rate available after sign in

NOI available after sign in

Local Demand available after sign in

Buildable Pond-Front Residential Lot

3505 Blue Heron Court, Springfield, IL 62711

$166,500

0.95 AC lot

Buildable residential lot with partial woodland and corner pond frontage in a newer Springfield subdivision.

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Residential Land with Pond Frontage

3509 BLUE HERON Court, Springfield, IL 62711

$135,000

0.89 AC lot

Expansive residential lot with pond frontage in North Reserve.

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Residential Lot in Springfield Subdivision

3505 BLUE HERON Court, Springfield, IL 62711

$166,500

0.95 AC lot

Prime residential lot in a desirable Springfield subdivision.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Residential Lot in Upscale Community

5101 Foxhall Lane, Springfield, IL 62712

$149,900

1.00 AC lot

One-acre residential lot in a desirable Springfield neighborhood.

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Vacant Land / Lots

1850 S Camp Butler Road, Springfield, IL 62707

$325,000

Residential land & home lots

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Residential Land in Springfield, IL

Panther Creek W lot: 60, Springfield, IL 62711

$110,000

Residential land for sale in Springfield, Illinois, with utilities.

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Land, Springfield, IL

1850 S Camp Butler Road, Springfield, IL 62707

$325,000

5.26 AC lot

Residential land & home lots · 5.26 Acres

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Residential Land Parcel

7023 Kingsmill Court, Springfield, IL 62707

$498,000

For-sale residential land & home lots ready for development in Springfield, Illinois.

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Land, Springfield, IL

3908 Vanderbilt Circle, Springfield, IL 62711

$124,000

1.20 AC lot

Land · 1.20 Acres

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Residential Land Near Bunn Golf

Bunn Drive lot: 1 & 2, Springfield, IL 62703

$49,900

4.40 AC lot

4.4 acres of residential land in Woodside Township.

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Lakefront Duplex Lot

329-331 Harbor Point Place, Springfield, IL 62712

$100,000

Duplex lakefront lot with pool and clubhouse access, plus association services covering snow removal and lawn care.

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Residential Land in Springfield, IL

Panther Creek W lot: 49, Springfield, IL 62711

$75,000

Residential land for sale in Springfield, Illinois, starting at $75,000.

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Residential Land in Springfield, IL

Panther Creek W lot: 50, Springfield, IL 62711

$75,000

Residential land for sale in premier West Side development.

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Residential Development Lot

Lot 62 Panther Creek Drive, Springfield, IL 62711

$85,000

Build-ready lot with city sewer and utilities available through CWLP and Ameren gas.

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Residential Land in Springfield, IL

Panther Creek W lot: 77, Springfield, IL 62711

$85,000

Residential land for sale in Springfield, Illinois, near amenities.

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Scenic Residential Land Parcel

Lot 1-2 Bunn Drive, Springfield, IL 62703

$49,900

4.40 AC lot

Two parcels totaling 4.4 acres are zoned residential and positioned across from Bunn Golf Course.

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Residential Land in Springfield, IL

Panther Creek W lot: 48, Springfield, IL 62711

$75,000

Residential land for sale in Springfield, Illinois, starting at $75,000.

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Residential Lot in Panther Creek

Lot 76 Panther Creek Drive, Springfield, IL 62711

$85,000

Residential lot with city sewer, CWLP water and electricity, and Ameren gas available to the property.

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Residential Land in Springfield, IL

Panther Creek W lot: 53, Springfield, IL 62711

$75,000

Residential land for sale in Springfield, Illinois.

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Vacant Land / Lots

6404 Winterberry Lane, Springfield, IL 62702

$89,900

Residential land & home lots

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Residential Land in Springfield, IL

Panther Creek W lot: 59, Springfield, IL 62711

$110,000

Residential land for sale in Springfield, Illinois, with utilities.

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Springfield, IL Residential Land & Home Lots Market Trends and Statistics

Explore 166 residential land & home lots for sale in Springfield, IL, showcased through 166 active listings on our real estate platform. These investment opportunities span a total of 5,678,046 square feet of properties for sale, with an estimated market value of $13,334,300.

Sale prices for home sites in Springfield, IL start at $30,000, averaging $96,625, and reaching up to $700,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 138K

Population Growth (5Y) +1.9%

Median Household Income $70,314

College Educated 9.5%

High-Yield Neighborhoods for Investment

Identify Springfield submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
62703	$10K
62702	$37.3K
62711	$80.7K
62704	$119K
62701	$135K

Taxes & Financing

Tax Rate (average for all types) 8.64%

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Sangamon County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Springfield fall within the 50 to 100 acres range.

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