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Mixed-Use Land for Sale in Springfield, Illinois

800 E Clay St, Springfield, IL 62703

$7,500
0.21 acres
Active
Est $124/mo

This 9,143 sq. ft. corner lot is in the heart of Springfield's historic Old Aristocracy Hill neighborhood, surrounded by established four-plexes, six-plexes, and other income-producing properties. Zoned R-5B (General Residence and Office District), it's perfect for developers and investors looking to create multi-family housing or a mixed-use property in a strong rental market. The flat, open site offers excellent street visibility, dual road frontage, and sidewalks already in place. Utilities -- water, electricity, and sewer -- are available, making it ready for construction. Just minutes from downtown Springfield, the Abraham Lincoln Presidential Library & Museum, hospitals, dining, and shopping, the location offers unbeatable convenience for future tenants. Multi-family building opportunities in this location are rare -- secure this lot before it's gone. Seller financing available.

Location

Street address
800 E Clay St
Elevation
597 feet
Coordinates
39.7914, -89.645

Directions

North 8th Street to left on East Clay

Property details

Lot size
0.211 acres9,191 sq ft
Zoning
Residential
MLS #
PAAR CA1034235
Posted

Parcels

  • 14-34.0-340-001

Legal description

Details and features

Listing

Type
Land

Exterior

Features
Corner Lot

Nearby schools

NameLevelDistrictDescription
Springfield District #186High

Listing history

DateEventPriceChangeSource
May 19, 2025New listing$7,500PAAR
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This 0.211-acre property is located at 800 E Clay St in Springfield, IL 62703. The property is available for sale for $7,500.

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