Pending

4685 Wabash Avenue

Springfield, IL 62707
Mark as Favorite
Acres40.78

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 O aks 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.

Read More Expand

Detail Ic Property Details

Property Type : Land

Price : $1,435,000

AD Id : 75237095

MLS Id : CA1041704

Lot Size : 40.78 Acres(Lot)

County : Sangamon

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Exterior Features

    Exterior Features: None

  • Lot Information

    Lot Dimensions: 1336x1330x1339x1329 Lot Size Acres: 40.78 Lot Description: Agricultural

    Property Information

    Subdivision: None Source Property Type: Land MLS Area Minor: Springfield Property SubType: Farm

  • Listing Price Information

    Listing Price: $1435000

  • Tax Information

    Parcel Number: 21-11.0-300-030 Tax Year: 2024 Annual Tax: $2110.04 Tax Legal Desc: See Tax Records

  • Homeowners Association Information
    Has Association: Yes

  • School Information

    Elementary School:
    Junior High School:
    Senior High School: Springfield District #186
  • Utility Information

    Electricity Available, Natural Gas Available
  • Location Information

    Direction: 1st road North of Wabash (Alex Blvd) at end of Stub Rd. WaterSource: Public
Sell a home like this and save $85,601 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
LOT 1 Sangamon Valley T.., Springfield, IL, 62707 $9,000 -- -- -- 0.08 Acre(Lot)
61 Thistle Ridge, Springfield, IL, 62707 $35,000 -- -- -- 1 Acre(Lot)
7023 Kingsmill Court, Springfield, IL, 62707 $498,000 -- -- -- Acres (Lot)--
4351 Conestoga Drive, Springfield, IL, 62707 $440,000 -- -- -- Acres (Lot)--
3421 Conifer Drive, Springfield, IL, 62707 $215,000 -- -- -- Acres (Lot)--

Based on information submitted to the MLS GRID as of 06/05/2026 @ 08:17. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

ByOwner last updated this listing 06/05/2026 @ 08:17

MLS: CA1041704 LISTED BY: Jim Fulgenzi, RE/MAX Professionals 217-787-7215 SOURCE: RMLS Alliance

Selling? Save $85,601 when you sell a home like this

Tour with a ByOwner Agent