
Mixed-Use Land for Sale in Springfield, Illinois
4685 Wabash Ave, Springfield, IL 62707
Prime development opportunity on Springfield's rapidly expanding West Side. This nearly 41-acre tract is currently in agricultural use and offers B-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
- Street address
- 4685 Wabash Ave
- County
- Sangamon County
- School district
- Springfield
- Elevation
- 615 feet
Directions
West on Alex Blvd to Milby Lane
Property details
- Acreage
- 40.78 acres
- Zoning
- B-1
- MLS #
- PAAR CA1041703
- Posted
Property taxes
- 2024
- $2,110
Parcels
- 21-11.0-300-030
Details and features
Listing
- Type
- Commercial Sale
- Franchise
- RE/MAX International
Lot
- Features
- Level
Structure
- Sewer
- Public Sewer
Property utilities
| Category | Type | Status |
|---|---|---|
| Water | Public | Available |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Feb 11, 2026 | New listing | $1,435,000 | — | PAAR |