6th St Frontage StSpringfield, IL 62703

For Sale
$750,000

38.77 Acres, Retail & Multifamily Potential

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 38.77-acre commercial land parcel in Springfield, Illinois, presents a unique investment opportunity. Located on S 6th Street, this property combines two parcels (22-27.0-300-012 and 22-27.0-401-101), offering significant potential for mixed-use development. The site is ideally suited for a combination of retail and multifamily/apartment construction, capitalizing on its strategic location near various amenities and businesses. The area boasts hotels, gas stations, convenience stores, and a diverse range of professional offices, ensuring high visibility and accessibility. Furthermore, its proximity to the University of Illinois, Lincoln Land Community College (LLCC), and the Capital Area Career Center provides a strong potential tenant base. Please note that city and county approval is required to separate the property from an adjacent parcel. The zoning and specific development possibilities should be verified independently. This large parcel offers a rare chance to create a thriving commercial hub in a vibrant and growing community. The asking price is $750,000. Further details are available upon request. The zip code is 62703.

Highlights

  • 38.77-acre commercial land parcel in Springfield, IL, zoned for mixed-use development.
  • Located on S 6th Street, combining two parcels (22-27.0-300-012 and 22-27.0-401-101).
  • Ideal for retail and multifamily development, near amenities and businesses.
  • High visibility and accessibility due to proximity to hotels, gas stations, and professional offices.
  • Strong potential tenant base near University of Illinois, LLCC, and Capital Area Career Center.
  • Requires city/county approval for separation from adjacent parcel; zoning verification recommended.

Location Insight

City
Springfield
County
Sangamon
State
Illinois
Latitude
39.7513002
Longitude
-89.6450808
6th St Frontage St, Springfield, Illinois

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6th St Frontage St
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