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Lot/land
  • $1,435,000

    4685 Wabash Ave, Springfield, IL 62704

    --beds
    --baths
    40.78Acres
    Farm, Unimproved Land
    Built in ----
    40.78 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Prime development opportunity on Springfield's rapidly expanding West Side. This nearly 41-acre tract is currently in agricultural use and offers I-1 zoning, allowing for a wide range of commercial uses and potential mixed-use or subdivision development, subject to approvals. Utilities are available at the edge of the site, and the property is bordered along its Southern boundary by a truncated city street, providing a logical point for future access and planning. The site is strategically located among established and growing commercial anchors, including Green Nissan, Buffalo Wild Wings, AMC Theatres, Culver's, Freddy's, Pleasant Nursery and Toyota. It is approximately one-half mile radius from I-72 access and in proximity to Lowe's, multiple financial institutions, Best Buy, and White Oaks Mall--positioning the property well for retail, service, or commercial expansion driven by existing traffic and infrastructure. While tax records reference a Wabash address, the property no longer has frontage on Wabash Avenue. Access is instead provided along the Southern boundary via Milby Lane at Alex Boulevard, aligning with the area's current and future development patterns.
    48 days
    |
    92
    |
    3
    |

    Zillow last checked: 7 hours ago

    Listing updated: February 25, 2026 at 02:18pm

    Listed by:

    Jim Fulgenzi Mobl:217-341-5393,

    RE/MAX Professionals

    Source: RMLS Alliance as distributed by MLS GRID,MLS#: CA1041704MLS LogoOriginating MLS: Capital Area Association of Realtors

      Facts & features

      Property

      Features
      • Exterior features: None
      Lot
      • Size: 40.78 Acres
      • Dimensions: 1336 x 1330 x 1339 x 1329
      • Features: Agricultural
      Details
      • Parcel number: 2111.0300030
      • Zoning description: Industrial

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Available, Natural Gas Available

      Community & HOA

      Community
      • Subdivision: None
      Location
      • Region: Springfield

      Financial & listing details

      • Annual tax amount: $2,110
      • Date on market: 2/11/2026
      • Cumulative days on market: 48 days
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,636/mo

        Price history

        Price history
        DateEventPrice
        2/11/2026Listed for sale$1,435,000
        Source: RMLS Alliance as distributed by MLS GRID #CA1041704 Report a problem

        Public tax history

        Public tax history
        Tax history is unavailable.

        Monthly payment

        Estimated monthly payment
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 62704

        Getting around

        35 / 100
        Car-Dependent
        25 / 100
        Some Transit
        37 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

        Local experts in 62704