700 W Jefferson St Springfield, IL 62702
Historic West Side NeighborhoodEstimated payment $1,235/month
Highlights
- Corner Lot
- Springfield High School Rated A-
- No HOA
About This Lot
Over 23,000 cars per day go by this corner of West Jefferson and Walnut Streets! This lot formerly hosted restaurants and is zoned B1 with a liquor license that follows this parcel forever. This corner makes a perfect spot for a new restaurant, video gaming, package liquor, or coffee shop! The ideas for this are endless! The lot measures at 25,666 square feet and has electric, water, gas all on site. Two entrances for easy in and out access from Walnut Street or West Jefferson Street.
Listing Agent
The Real Estate Group, Inc. Brokerage Phone: 217-691-0999 License #475114067 Listed on: 03/19/2025
Property Details
Property Type
- Land
Lot Details
- 0.59 Acre Lot
- Corner Lot
- Level Lot
Schools
- Springfield District #186 High School
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 14-28.0-382-031
Map
Home Values in the Area
Average Home Value in this Area
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 | $12,975 | $154,473 | $148,944 | $5,529 |
| 2023 | $17,627 | $199,374 | $136,047 | $63,327 |
| 2022 | $16,947 | $189,123 | $129,052 | $60,071 |
| 2021 | $16,385 | $182,042 | $124,220 | $57,822 |
| 2020 | $16,060 | $182,316 | $124,407 | $57,909 |
| 2019 | $15,762 | $181,680 | $123,973 | $57,707 |
| 2018 | $15,916 | $188,368 | $123,403 | $64,965 |
| 2017 | $15,586 | $185,932 | $121,807 | $64,125 |
| 2016 | $15,280 | $183,221 | $120,031 | $63,190 |
| 2015 | $15,132 | $181,031 | $118,596 | $62,435 |
| 2014 | $14,905 | $179,862 | $117,830 | $62,032 |
| 2013 | $14,573 | $179,862 | $117,830 | $62,032 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/07/2026 01/07/26 | Price Changed | $199,900 | -7.0% | -- |
| 09/05/2025 09/05/25 | Price Changed | $215,000 | -4.4% | -- |
| 03/19/2025 03/19/25 | For Sale | $225,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $675,000 | None Listed On Document | |
| Warranty Deed | $610,000 | None Listed On Document | |
| Deed | -- | -- | |
| Deed | $550,000 | -- | |
| Deed | $375,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $495,500 | New Conventional |
Source: RMLS Alliance
MLS Number: CA1035172
APN: 14-28.0-382-031
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