4685 WABASH AVE, Springfield, IL 62707
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Jimmy Rule

Jimmy Rule

+1(309) 868-1929
Listed by Jim Fulgenzi • RE/MAX Professionals
$ 1,435,000
Est. payment | /mo

40.78 Acres Lot

Save
$ 1,435,000
Est. payment | /mo
Save

40.78 Acres Lot

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CA1041703

Annual Tax Amount $2,110

Tax Year 2024

Lot Size 40.780 Acres

Acres 40.78

Lot Dimensions 1336x1330x1339x1329

Property Sub-Type Commercial

Source rmlsa

Property Description

Prime development opportunity on Springfield's rapidly expanding West Side. This nearly 41-acre tract is currently in agricultural use and offers I-1 zoning, allowing for a wide range of commercial uses and potential mixed-use or subdivision development, subject to approvals. Utilities are available at the edge of the site, and the property is bordered along its Southern boundary by a truncated city street, providing a logical point for future access and planning. The site is strategically located among established and growing commercial anchors, including Green Nissan, Buffalo Wild Wings, AMC Theatres, Culver's, Freddy's, Pleasant Nursery and Toyota. It is approximately one-half mile radius from I-72 access and in proximity to Lowe's, multiple financial institutions, Best Buy, and White Oaks Mall--positioning the property well for retail, service, or commercial expansion driven by existing traffic and infrastructure. While tax records reference a Wabash address, the property no longer has frontage on Wabash Avenue. Access is instead provided along the Southern boundary via Milby Lane at Alex Boulevard, aligning with the area's current and future development patterns.

Location

State IL

County Sangamon

Area Springfield

Zoning I-1

Direction West on Alex Blvd to Milby Lane

Interior

Fireplace N

Exterior

Utilities Available Electricity Connected, Natural Gas Connected, Water Available

View true

Garage 1

Building

Lot Description Unknown, Level

Faces West on Alex Blvd to Milby Lane

Sewer Public Sewer

Schools

School District Springfield

Others

Tax ID 21-11.0-300-030

Nearby Locations

Jimmy Rule

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(309) 868-1929

jimmy@yoursummitteam.com

114 W Stratford Dr, Peoria, IL 61614, USA

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4685 WABASH AVE