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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/moOver 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
- County
- Sangamon County
- Elevation
- 591 feet
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
LOT 1 REECES ADDN EX STRIP ON NORTH SIDE FOR ROAD
Details and features
Listing
- Type
- Land
Exterior
- Features
- Corner Lot, Level
Nearby schools
| Name | Level | District | Description |
|---|---|---|---|
| Springfield District #186 | High | — | — |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Sept 5, 2025 | Price drop | $215,000 | $10,000 -4.4% | PAAR |
| May 19, 2025 | New listing | $225,000 | — | PAAR |
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