Springfield, IL Specialty Properties for Sale

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Updated: May 5, 2025

Prime Springfield Commercial Land Opportunity

4234 WABASH Avenue, Springfield, IL 62711

$1,300,000

Prime location on the west side of Springfield, IL, in a rapidly developing area.
20+/- acre property offering significant space for development.
High visibility and easy access to key amenities, retail hubs, and major transportation routes.
Currently used as a nursery, dense with trees, and includes 1 house and several outbuildings.
Close proximity to thriving commercial properties.

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Updated: Jan 27

Renovated Specialty Commercial Building

901 S 11TH Street, Springfield, IL 62703

$199,900

2,900 SF building with forced air heating and central air conditioning
Both A/C units recently replaced
B‑1 zoning and ready for a new user with no renovations noted as needed
Extensively renovated by Capitol Township
Utilities: water available; sewer: public sewer

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Dog Grooming and Daycare Business

235 N English Avenue, Springfield, IL 62702

$425,000

Successful dog grooming and daycare business opportunity near downtown Springfield.

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Modern Ranch Home with Screened Porch

4248 Osage Road, Springfield, IL 62711

$719,900

4,096 sqft

Modern ranch with open great room fireplace, screened porch, and spacious walkout lower level with additional bedroom and bath.

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Springfield Commercial Property For Sale

820 Converse Avenue, Springfield, IL 62702

$540,000

Commercial property available in Springfield, Illinois.

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Condo Unit with Private Patio

2201 W Washington Street Unit #9, Springfield, IL 62702

$295,000

1,910 sqft

2-bedroom, 2-bath condo with zero-entry garage access, private patio, and in-unit updates across recent remodels.

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Renovated Specialty Building

901 S 11th Street, Springfield, IL 62703

$199,900

2,884 sqft

Renovated 2,900 SF building with recently replaced A/C units and B-1 zoning, ready for a new user.

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Dog Grooming and Daycare Facility

235 N English Avenue, Springfield, IL 62702

$425,000

2,400 sqft

Dog grooming and daycare facility with 2,400 SF and seller-operated operations, located just under a mile from downtown.

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Day Care Facility with Play Areas

805 Chatham Rd, Springfield, IL 62704

Contact for pricing

30,500 sqft

Spacious daycare facility with kitchen hood, elevator, sprinkler system, plumbing, and two outdoor playgrounds.

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Spacious Springfield Facility For Sale

805 Chatham Road, Springfield, IL 62704

$1,795,000

31,000 sqft

31,000 sq ft facility in Springfield, Illinois.

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Commercial Land Parcel

408-422 W MASON Street, Springfield, IL 62702

Contact for pricing

0.62 AC lot

Vacant land available for sale, totaling 26,802 SF.

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Five-Tenant NNN Retail Center

4525 Wabash Ave, Springfield, IL 62711

Contact for pricing

1.23 AC lot

Five-tenant retail center with long-term NNN leases and 100% occupancy, built in 2003.

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Industrial Specialty Building

115 E University Dr, Arlington Heights, IL 60004

Contact for pricing

10,120 sqft

Industrial specialty building offered for sale with approximately 10,120 SF of space.

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Historic Mansion Event Venue

1500 N 5th St., Springfield, IL 62702

Contact for pricing

Built in 1869, this National Historic Registry mansion operates as an events venue with seven rental offices on the second floor.

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Multi-Parcel Specialty Property

3200 E Keys Avenue, Springfield, IL 62702

Contact for pricing

Specialty commercial property offered as three separate parcels off Dirksen Pkwy.

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Based on your search, we've compiled 30 Potential Opportunities for your consideration. Besides 15 Active listings in Springfield, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 7 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Hardee's NNN Investment Opportunity

842 W Morton Ave, Jacksonville, IL 62650

Contact for pricing

5,169 sqft 2.96 AC lot

Single-tenant Hardee's NNN property with long-term lease and high visibility.

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Zoned R5 Development Land

1140 Tendick Street, Jacksonville, IL 62650

$149,900

2.06 AC lot

For sale residentially zoned land in Jacksonville, Illinois, offering a sizable site for R5-compliant development.

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Single-Tenant NNN Flex Building

1102 W Ravina Park Rd, Decatur, IL 62526

Contact for pricing

5,508 sqft

Single-tenant flex/industrial asset occupied by Abbott EMS Services under a triple net lease.

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Decatur Church Facility For Sale

1414 W Grove Rd, Decatur, IL 62521

Contact for pricing

12,300 sqft 1.81 AC lot

Well-maintained 12,000 SF church on 1.81 acres in Decatur.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Mixed-Use Office and Event Site

7954 N Broadway, St, Louis, MO 63147

$200,000

0.12 AC lot

Three-parcel site includes an office building with six tenants, an event center, and a garage.

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Prime Lafayette Avenue Development Opportunity

2701-2729 Lafayette Ave, St, Louis, MO 63104

$1,100,000

0.83 AC lot

Architecturally striking building with vacant lots in vibrant neighborhood.

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Architectural Building with Vacant Lots

2701-2729 Lafayette Avenue, St, Louis, MO 63104

$1,100,000

Includes an 11,360 SF building and eight vacant lots, located one block from Lafayette Square.

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Perry, Missouri Acreage Opportunity

00 E Main Street, Perry, MO 63462

$125,000

5.66 AC lot

5.66 acres in Perry, MO, ideal for recreation/residential use.

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Off-Market Properties in Springfield, IL

Consider similar Off-Market properties in Springfield, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Specialty properties

251 4Th St, Springfield, IL 62701

Value Estimation by Request

55,640 sqft

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Specialty properties

2200 Hilton Head Dr, Springfield, IL 62702

Value Estimation by Request

View details

Specialty properties

6th St Frontage St, Springfield, IL 62703

Value Estimation by Request

View details

Specialty properties

3501 Cockrell Ln, Springfield, IL 62711

Value Estimation by Request

View details

Specialty properties

2430 Grand Ave, Springfield, IL 62703

Value Estimation by Request

View details

Individual retail properties

3100 Ridge Ave, Springfield, IL 62702

Value Estimation by Request

10,640 sqft 1.38 AC lot

View details

Specialty properties

0 Lots 65&66 Pkwy Pointe Development Dr, Springfield, IL 62704

Value Estimation by Request

View details

Springfield, IL Specialty Properties Market Trends and Statistics

Explore 22 specialty properties for sale in Springfield, IL, showcased through 15 active listings on our real estate platform. These investment opportunities span a total of 82,910 square feet of properties for sale, with an estimated market value of $5,899,700.

Sale prices for properties in Springfield, IL start at $199,900, averaging $655,522, and reaching up to $1,795,000 — 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	$120K
62701	$295K
62702	$914.5K
62711	$1.3M
62704	$1.9M

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 100,000+ square foot range.

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Springfield, IL Specialty Properties for Sale

4234 WABASH Avenue, Springfield, IL 62711

901 S 11TH Street, Springfield, IL 62703

235 N English Avenue, Springfield, IL 62702

4248 Osage Road, Springfield, IL 62711

820 Converse Avenue, Springfield, IL 62702

2201 W Washington Street Unit #9, Springfield, IL 62702

901 S 11th Street, Springfield, IL 62703

235 N English Avenue, Springfield, IL 62702

805 Chatham Rd, Springfield, IL 62704

805 Chatham Road, Springfield, IL 62704

408-422 W MASON Street, Springfield, IL 62702

4525 Wabash Ave, Springfield, IL 62711

115 E University Dr, Arlington Heights, IL 60004

1500 N 5th St., Springfield, IL 62702

3200 E Keys Avenue, Springfield, IL 62702

Opportunities in Nearby Cities

842 W Morton Ave, Jacksonville, IL 62650

1140 Tendick Street, Jacksonville, IL 62650

1102 W Ravina Park Rd, Decatur, IL 62526

1414 W Grove Rd, Decatur, IL 62521

Potential Development Sites for Consideration

7954 N Broadway, St, Louis, MO 63147

2701-2729 Lafayette Ave, St, Louis, MO 63104

2701-2729 Lafayette Avenue, St, Louis, MO 63104

00 E Main Street, Perry, MO 63462

Off-Market Properties in Springfield, IL

251 4Th St, Springfield, IL 62701

2200 Hilton Head Dr, Springfield, IL 62702

6th St Frontage St, Springfield, IL 62703

3501 Cockrell Ln, Springfield, IL 62711

2430 Grand Ave, Springfield, IL 62703

3100 Ridge Ave, Springfield, IL 62702

0 Lots 65&66 Pkwy Pointe Development Dr, Springfield, IL 62704

Springfield, IL Specialty Properties Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Property Size Breakdown

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