4685 Wabash Ave Springfield, IL 62711
Estimated payment $7,844/month
Highlights
- 40.78 Acre Lot
- No HOA
- Agricultural
- New Berlin Jr High School Rated 9+
About This Lot
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.
Listing Agent
RE/MAX Professionals Brokerage Phone: 217-341-5393 License #471021607 Listed on: 02/11/2026
Property Details
Property Type
- Land
Est. Annual Taxes
- $2,110
Lot Details
- 40.78 Acre Lot
- Lot Dimensions are 1336x1330x1339x1329
Schools
- Springfield District #186 High School
Farming
- Agricultural
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 21-11.0-300-030
Map
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $27,834 | $390,934 | $198,453 | $192,481 |
| 2023 | $26,561 | $357,083 | $181,269 | $175,814 |
| 2022 | $25,770 | $338,724 | $171,949 | $166,775 |
| 2021 | $25,022 | $326,041 | $165,511 | $160,530 |
| 2020 | $25,520 | $326,531 | $165,760 | $160,771 |
| 2019 | $25,206 | $325,392 | $165,182 | $160,210 |
| 2018 | $26,563 | $344,639 | $164,280 | $180,359 |
| 2017 | $26,265 | $340,183 | $162,156 | $178,027 |
| 2016 | $25,816 | $335,222 | $159,791 | $175,431 |
| 2015 | $25,565 | $331,215 | $157,881 | $173,334 |
| 2014 | -- | $329,076 | $156,861 | $172,215 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/11/2026 02/11/26 | For Sale | $1,435,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | $505,000 | -- | |
| Deed | $650,000 | -- | |
| Deed | -- | -- |
Source: RMLS Alliance
MLS Number: CA1041704
APN: 21-11.0-300-030
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