Leslie Roland
- Buy
- Sell
https://www.ruhlmortgage.com/LawrenceDavis.html
Description
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.
Property Highlights
Property Type: Land - Farm
Total Acres: 40.78 Acres
Utilities: Electricity Connected, Natural Gas Connected, Water Available
Zoning: I-1
General Information
County: Sangamon
Listed By:
RE/MAX Professionals
Mobl: 217-341-5393
RMLSA
MLS ID: CA1041703
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4685 Wabash Avenue, Springfield, IL 62707.
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563-441-1862
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| Loan Type | FHA 30 Year Fixed | VA 30 year fixed | 30 yr Jumbo |
| Purchase Price | $1,435,000 | $1,435,000 | $1,435,000 |
| Down Payment | $50,225 | $0 | $287,000 |
| Monthly Mortgage Amount | $9,256 | $9,876 | $7,929 |
| Taxes | $1997 | $1997 | $1997 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $861 | $0 | $0 |
| Monthly Estimated Total | $12,533 | $12,292 | $10,345 |
Leslie Roland
REALTOR®
Office: (309) 743-8000
Cell: (309) 644-2774
Licensed in IA & IL
Moline Office
1701 52nd Avenue
Moline, IL 61265
(309) 743-8000
Moline, IL 61265
(309) 743-8000
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