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About This Home
This 0-bedroom, 0-bathroom commercial at 4685 WABASH Avenue in Springfield, IL is listed for $1,435,000. on a 40.78 acres lot.
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.
Key Features
- 40.78 acre lot
Monthly Cost Estimate
$7,675/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
4685 WABASH Avenue
Springfield, IL 62707
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 4685 WABASH Avenue is listed at $1,435,000. The estimated monthly payment is $6,218 based on 20% down at 6.5% interest.
Key features include: 40.78 acre lot.
This property is listed by Jim Fulgenzi and can be reached at 2173415393 or jim@yourhome101.com.
