0 Wabash AveSpringfield, IL 62711

For Sale
$8,500,000

28+ Acres, Multi-Use Development Potential

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 28.79-acre parcel presents a unique investment opportunity in Springfield, Illinois. Located on Wabash Avenue, this multi-use land is zoned for residential, commercial, and agricultural purposes, offering unparalleled flexibility for development. The property's prime West Side location boasts a thriving business environment, surrounded by established entities such as Wells Fargo, Bunn Corporate, new apartment complexes, and numerous auto dealerships. This strategic positioning ensures high visibility and accessibility, making it ideal for a variety of projects. The expansive acreage is readily divisible, allowing for tailored development plans to suit diverse needs and investment strategies. The asking price for this significant land holding is $8,500,000. The property is held under a partnership ownership structure. This is a rare chance to acquire a substantial tract of land in a rapidly growing area with significant potential for future appreciation. The property's versatility and strategic location make it an attractive proposition for developers, investors, and businesses seeking to establish a presence in a dynamic and prosperous market. The land is ready for immediate development, presenting a compelling opportunity to capitalize on the area's continued growth. Located in Sangamon County, Illinois, with a Springfield zip code of 62711.

Highlights

  • 28+ acres of developable land on Springfield's West Side, ready for immediate development.
  • Excellent location with surrounding businesses including Wells Fargo, Bunn Corporate, new apartments, and auto dealerships.
  • Divisible acreage allows for flexibility in development plans.

Property Details for 0 Wabash Ave

Property type
Other land, Other farms
Lot Size (sq. ft)
1,254,092 SF

Location Insight

City
Springfield
County
Sangamon
State
Illinois
Latitude
39.7628661
Longitude
-89.7105905
Wabash Ave, Springfield, Illinois

FAQs

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0 Wabash Ave
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