700 W Jefferson Street
Springfield, IL 62702
0.59Acre(Lot)
Over 23,000 cars per day go by this corner of West Jefferson and Walnut Streets! This lot formerly hosted restaurants and is zoned B1 with a liquor license that follows this parcel forever. This corner makes a perfect spot for a new restaurant, video gaming, package liquor, or coffee shop! The ideas for this are endless! The lot measures at 25,666 square feet and has electric, water, gas all on site. Two entrances for easy in and out access from Walnut Street or West Jefferson Street.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Lot Information
Lot Dimensions: 25,666 sq ft Lot Size Acres: 0.59 Lot Description: Corner Lot, LevelProperty Information
Subdivision: None Source Property Type: Land MLS Area Minor: Springfield
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Listing Price Information
Listing Price: $199900 Original Price: $225000
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Tax Information
Parcel Number: 14-28.0-382-031 Tax Year: 2024 Annual Tax: $17626.86 Tax Legal Desc: LOT 1 REECES ADDN EX STRIP ON NORTH SIDE FOR ROAD
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Homeowners Association InformationHas Association: Yes
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School Information
Elementary School:Junior High School:Senior High School: Springfield District #186 -
Utility Information
Electricity Available, Natural Gas Available -
Location Information
Direction: Corner of West Jefferson and Walnut WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 2025 Catalina Lane, Springfield, IL, 62702 | $155,000 | -- | -- | -- | 5 Acres(Lot) |
| 1132 N 3rd Street, Springfield, IL, 62702 | $8,000 | -- | -- | -- | Acres (Lot)-- |
| 1608 N 32nd Street, Springfield, IL, 62702 | $60,000 | -- | -- | -- | Acres (Lot)-- |
| 2102 Black Avenue, Springfield, IL, 62702 | $19,999 | -- | -- | -- | Acres (Lot)-- |
| 3012 Andy Road, Springfield, IL, 62702 | $18,500 | -- | -- | -- | Acres (Lot)-- |
| 2929 Tanner Drive, Springfield, IL, 62702 | $24,900 | -- | -- | -- | Acres (Lot)-- |
| 1901 Cory Drive, Springfield, IL, 62702 | $19,900 | -- | -- | -- | Acres (Lot)-- |
| 1401 Enterprise, Springfield, IL, 62702 | $5,000 | -- | -- | -- | 0.09 Acre(Lot) |
| 1423 S 8th Street, Springfield, IL, 62702 | $30,000 | -- | -- | -- | Acres (Lot)-- |
| 411 W Carpenter Street, Springfield, IL, 62702 | $79,900 | -- | -- | -- | Acres (Lot)-- |
Similar Land To 700 W Jefferson Street
Nearby For Sale
Based on information submitted to the MLS GRID as of 06/06/2026 @ 09:05. 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 06/06/2026 @ 09:05
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