2430 Grand AveSpringfield, IL 62703

For Sale
$40,000

High-traffic corner lot, two parcels included.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional commercial property presents a unique investment opportunity in Springfield, Illinois. Located at the southwest corner of South Grand Avenue and Taylor Avenue, this high-visibility site boasts a prime location at a stoplight intersection. The property benefits from significant daily traffic volume, with 13,100 cars passing daily on South Grand Avenue at this intersection. The offering includes two parcels, identified as 22-02.0-201-015 and 22-02.0-201-013, providing ample space for development or redevelopment. This strategic location is further enhanced by its inclusion within the Dirksen Parkway Commercial Tax Increment Financing (TIF) district and an Opportunity Zone, offering potential tax incentives and investment benefits. The asking price for this exceptional corner lot is $40,000. This presents a compelling opportunity for investors seeking a high-traffic location with significant development potential and attractive tax incentives. The property's address is 2430 South Grand Avenue, Springfield, IL 62703.

Highlights

  • $40,000 asking price.
  • Special purpose property.
  • Located at 2430 South Grand Avenue, Springfield, IL 62703.
  • Corner lot at South Grand Avenue and Taylor Avenue intersection.
  • High traffic count (13,100 cars daily on South Grand).
  • Includes two parcels: 22-02.0-201-015 and 22-02.0-201-013.

Location Insight

City
Springfield
County
Sangamon
State
Illinois
Latitude
39.7869886
Longitude
-89.6201803
2430 Grand Ave, Springfield, Illinois

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2430 Grand Ave
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