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Property view

4685 Wabash Avenue, 
Springfield, IL 62707

$1,435,000


Bed


Bath


-

Sq Ft


40.78

Acres (Lot)


Land

Active

Listed by

Jim Fulgenzi

RE/MAX Professionals

217-787-7215

Last updated:

February 15, 2026, 02:16 AM

MLS#

CA1041704

Source:

IL CAAR

About This Land

4685 Wabash Avenue

Prime development opportunity on Springfield's rapidly expanding West Side. This nearly 41-acre tract is currently in agricultural use and offers B-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.

Land Facts

Description/Design:

Land

Lot Size (Acres)

40.78

MLS #:

CA1041704

Last Updated:

February 15, 2026, 02:16 AM

Added:

6 day(s) ago


Finances & Disclosures

Finances

Price:

$1,435,000

Source:IL CAAR
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.