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Commercial Land for Sale in Springfield, Illinois

700 W Jefferson St, Springfield, IL 62702

$215,000
0.59 acres
Active
$10k drop
Est $1,845/mo

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.

Location

Street address
700 W Jefferson St
Elevation
591 feet
Coordinates
39.8031, -89.664

Directions

Corner of West Jefferson and Walnut

Property details

Lot size
0.59 acres25,700 sq ft
Zoning
Commercial
MLS #
PAAR CA1035172
Posted

Parcels

  • 14-28.0-382-031

Legal description

Details and features

Listing

Type
Land

Exterior

Features
Corner Lot, Level

Nearby schools

NameLevelDistrictDescription
Springfield District #186High

Listing history

DateEventPriceChangeSource
Sept 5, 2025Price drop$215,000$10,000 -4.4%PAAR
May 19, 2025New listing$225,000PAAR
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This 0.59-acre property is located at 700 W Jefferson St in Springfield, IL 62702. The property is available for sale for $215,000.

Checked 59 mins ago — Updated

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