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Springfield, IL Residential Land & Home Lots for Sale

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115 properties
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45 Acres in Springfield, IL
Updated: May 7
45 Acres in Springfield, IL

TORONTO Road, Springfield, IL 62707

$750,000
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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Buildable Residential Land Parcel
Updated: Jul 22
Buildable Residential Land Parcel

1200 Archer Elevator Road, Springfield, IL 62711

$189,900
7.71 AC lot
7.72‑acre property in the Mill Creek area with 580 ft of paved frontage on Archer Elevator Road
All utilities available at the property line: power, water (public), and sewer
Flat, very buildable land with no floodplain and no wetlands reported
Borders the Sangamon Valley Bike Trail
Conceptual plan available for a 5‑lot subdivision
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B-2 Zoned Commercial Land
B-2 Zoned Commercial Land

S PARK Avenue, Springfield, IL 62704

$225,000
2.08 AC lot

A 2.08-acre B-2 property with direct access and 328 feet of frontage for retail and other approved uses.

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Springfield Luxury Home Site
Springfield Luxury Home Site

3508 ENGLEWOOD Trail, Springfield, IL 62711

$159,900
1.00 AC lot

Premier cul-de-sac lot with pond frontage in North Reserve.

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Residential Land Lot for Single Family
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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Residential Land with Pond Frontage
Residential Land with Pond Frontage

3509 BLUE HERON Court, Springfield, IL 62711

$150,000
0.89 AC lot

Expansive residential lot with pond frontage in North Reserve.

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Residential Lot in Springfield Subdivision
Residential Lot in Springfield Subdivision

3505 BLUE HERON Court, Springfield, IL 62711

$185,000
0.95 AC lot

Prime residential lot in a desirable Springfield subdivision.

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Residential Lot in Upscale Community
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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Residential Land in Springfield, IL
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
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
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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Duplex Lakefront Lot Opportunity
Duplex Lakefront Lot Opportunity

329-331 Harbor Point Place, Springfield, IL 62712

$100,000

Desirable duplex lakefront lot in Rochester School District.

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Residential Land in Springfield, IL
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
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 Land in Springfield, IL
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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Residential Land in Springfield, IL
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 Land in Springfield, IL
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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Residential Land in Springfield, IL
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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Residential Land in Springfield, IL
Residential Land in Springfield, IL

Panther Creek W lot: 58, Springfield, IL 62711

$95,000

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

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Residential Land in Springfield, IL
Residential Land in Springfield, IL

Panther Creek W lot: 52, Springfield, IL 62711

$75,000

Residential land for sale in premier West Side development.

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Residential Land in Springfield, IL
Residential Land in Springfield, IL

Panther Creek W lot: 74, Springfield, IL 62711

$85,000

Residential land for sale in Springfield, Illinois, Chatham schools.

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Residential Land in Springfield, IL
Residential Land in Springfield, IL

Panther Creek W lot: 51, Springfield, IL 62711

$75,000

Residential land for sale in Springfield, Illinois, Chatham schools.

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Residential Land in Springfield, IL
Residential Land in Springfield, IL

Panther Creek W lot: 57, Springfield, IL 62711

$95,000

Residential land for sale in premier West Side development.

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Residential Land in Springfield, IL
Residential Land in Springfield, IL

Panther Creek W lot: 55, Springfield, IL 62711

$75,000

Residential land for sale in Springfield, Illinois, Chatham schools.

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

Explore 115 residential land & home lots for sale in Springfield, IL, showcased through 115 active listings on our real estate platform. These investment opportunities span a total of 3,283,117 square feet of properties for sale, with an estimated market value of $8,911,600.

Sale prices for home sites in Springfield, IL start at $30,000, averaging $90,934, and reaching up to $750,000 — 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

Commercial land 141
Residential land & home lots 100
Industrial land 10
Agricultural land / Farmland 3
Recreation land 3

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
62702 $3.8K
62703 $13.7K
62711 $69K
62704 $131.4K
62712 $133.3K

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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