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Mixed-Use Land for Sale in Springfield, Illinois

3945 Peoria Rd, Springfield, IL 62702

$175,000
1.1 acres
Active sale
ago
Est $1,289/mo

3945 N Peoria Rd offers a highly visible 1.11-acre development opportunity along the heavily traveled Business I-55/Peoria Road corridor on Springfield's north side, with IDOT roadway data indicating approximately 9,600 annual average daily traffic, lending itself wonderfully to receive amazingly beneficial business Frontage recognition. The parcel features excellent road exposure and is positioned among established commercial properties, creating strong potential for a variety of future uses. With utilities easily accessible at the street, the expected infrastructure investment will be minimal. Its location provides convenient access to I-55, Dirksen Parkway, Sherman, and the greater Springfield area, making it an attractive site for an owner-user, investor, or future development project. The property is currently unimproved, allowing a buyer the flexibility to plan and develop the site to fit their needs. With approximately 1.11 acres and prominent frontage along one of the area's well-traveled north-side corridors, this is a unique opportunity to secure a visible piece of ground in a growing commercial area. Buyer to verify the needed zoning, permitted uses, utilities, and development requirements.

Location

Street address
3945 Peoria Rd
Zip code
62702
Elevation
590 feet
Coordinates
39.8518, -89.6246

Property details

Acreage
1.11 acres48,352 sq ft
Zoning
Residential
MLS #
PAAR CA1046960
Posted

Property taxes

2025
$693

Parcels

  • 14-11.0-401-033

Legal description

Details and features

Listing

Type
Land

Lot

Features
Level

Structure

Water
Public

Property utilities

CategoryTypeStatus
GasNatural GasAvailable

Nearby schools

NameType
Springfield District #186High

Listing history

DateEventPriceChangeSource
Oct 5, 2026New listing$175,000—PAAR
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This 1.11-acre property is located at 3945 Peoria Rd in Springfield, IL 62702. The land is available for sale, priced at $175,000 — $157,658 per acre.

Listed by The Real Estate Group, (217) 787-7000

Checked 1 hour agoUpdated Source

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