702 8Th StSpringfield, IL 62703

For Sale
$22,900

Three lots, prime location, development opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional offering presents a rare opportunity to acquire three contiguous lots ideally situated in the heart of Springfield, Illinois. Located at 702 & 704 South 8th Street, this property boasts a highly desirable location just two blocks from the Lincoln Home National Historic Site, offering unparalleled access to Springfield's rich history and vibrant downtown area. The lots are within easy walking distance of a wealth of amenities, including shopping, dining, theaters, and major medical facilities. Proximity to state, county, and municipal offices further enhances the property's strategic value. For those seeking convenient transportation, the property is only four blocks from the BOS Convention Center and Springfield's new transportation hub, and city bus service is readily available at the curb. City utilities and Ameren natural gas services are available, simplifying the development process. While zoned commercial, county records list the property type and land use as Residential Vacant Land. This presents a unique opportunity for a variety of development projects, from commercial ventures to residential construction. The combined area of these three lots offers significant potential for a substantial return on investment. Don't miss this chance to secure a piece of Springfield's thriving landscape. The asking price for all three lots is $22,900.

Highlights

  • Three contiguous commercial lots in Springfield, IL, located at 702 & 704 South 8th Street.
  • Highly desirable location, two blocks from the Lincoln Home National Historic Site and near downtown amenities.
  • Convenient access to transportation, including the BOS Convention Center and public transit.
  • City utilities and Ameren natural gas available.
  • Zoned commercial, but county records list as residential vacant land, offering flexible development options.
  • Asking price: $22,900.

Location Insight

City
Springfield
County
Sangamon
State
Illinois
Latitude
39.7946979
Longitude
-89.6448659
702 8Th St, Springfield, Illinois

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702 8Th St
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