4685 Wabash Ave

Springfield, IL 62711

$1,435,000
Price
1,776,376 / 40.78
Lot Size / Acres
New
New

Description

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...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.
  1. Listed by Jim Fulgenzi • RE/MAX Professionals

Property Details for 4685 Wabash Avenue

Subdivision Name
None
LISTING UPDATED: 02/11/2026 03:27 PM

Property Details for 4685 Wabash Avenue

StatusActive
MLS #CA1041704
Days on Market1
Taxes$2,110 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Farm
Year Built-
Lot Size40.78 AC
CountySangamon County

Location

Listing Courtesy of RE/MAX Professionals
Add your commute

Building Information for 4685 Wabash Avenue

Lot Size40.78 AC

Payment Calculator

$7,170 per month

30 year fixed, 6.15% Interest

Principal and Interest

$6,994

Property Taxes

$176

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4685 Wabash Avenue

Summary
Location and General Information
  • City: Springfield
  • County Or Parish: Sangamon
  • Directions: 1st road North of Wabash (Alex Blvd) at end of Stub Rd.
  • Latitude: 39.756944
  • Longitude: -89.737592
  • MLSArea Minor: Springfield
  • Postal Code: 62707
  • State Or Province: IL
  • Township: 15 North
  • Zoning: Commercial
Taxes and HOA Information
  • Parcel Number: 21-11.0-300-030
  • Mandatory Assoc Annual Fee: No
  • Mandatory Assoc Monthly Fee: No
  • Tax Annual Amount: $2,110
  • Tax Legal Description: See Tax Records
  • Tax Year: 2024
School Information
  • High School: Springfield District #186
Property
Lot Information
  • Lot Features: Agricultural
  • Lot Size Acres: 40.78
  • Lot Size Dimensions: 1336x1330x1339x1329
  • Number Of Lots: 1
  • 100 Year Plain: Unknown
  • Principal Meridian: 3
  • Section: 11
  • Road Surface Type: Paved
Property and Assessments
  • Documents Available: Aerial Photos
Utilities
  • Water Source: Public Sewer, Public
  • Utilities: Electricity Available, Natural Gas Available
Interior and Exterior Features
Exterior Features
  • Exterior Features: None
Interior Features
  • Operating Recording Device: None
Mobile Home
Mobile/Manufactured Home
  • Range: 6 West
Rental
Rent Information
  • Tenant Operator: Dowson Farms

Property History for 4685 Wabash Avenue

DateEvent & SourcePriceAppreciation
Feb 11, 2026

Listed (Active)

RMLS ALLIANCE #CA1041704

$1,435,000—
Jul 23, 2021

Sold (Public Record)

Public Record #1468847581

$1,080,000—
Aug 17, 2016

Temporarily Off Market

RMLS ALLIANCE #CA223733

$2,965,000—
Jul 13, 2003

Expired

RMLS ALLIANCE #CA223733

$2,965,000—
Jul 13, 2002

Listed (Active)

RMLS ALLIANCE #CA223733

$2,965,000—
DateEvent & SourcePrice
02/11/2026

Listed (Active)

RMLS ALLIANCE #CA1041704

$1,435,000
07/23/2021

Sold (Public Record)

Public Record #1468847581

$1,080,000
08/17/2016

Temporarily Off Market

RMLS ALLIANCE #CA223733

$2,965,000
07/13/2003

Expired

RMLS ALLIANCE #CA223733

$2,965,000
07/13/2002

Listed (Active)

RMLS ALLIANCE #CA223733

$2,965,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4685 Wabash Avenue

Taxable ValueLand$25,499Additions-Total$25,499
Tax Record2024$2,110 ($176 / month)
Home Facts
Lot Size1,776,377 SqFtStyleAgricultural / RuralCountySANGAMONAPN21-11.0-300-030

Schools near 4685 Wabash Avenue

This home is within New Berlin Community Unit School District 16.
Rating
School
Type
Grades
Distance
New Berlin Elementary School
Public - PK to 5
New Berlin Jr High School
Public - 6 to 8
New Berlin High School
Public - 9 to 12
Rating
School
Distance
New Berlin Elementary School
PublicPK to 5

New Berlin Jr High School
Public6 to 8

New Berlin High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 4685 Wabash Avenue, Springfield, IL 62711

4685 Wabash Avenue is a 40.78 ac of land for sale in Springfield, IL 62711. This property was listed for sale on February 11, 2026 by RE/MAX Professionals, it's currently listed at $1,435,000. It has been on the market for a total of 0 days and was last sold on July 23, 2021. This listing's school district is New Berlin Community Unit School District 16. Nearby schools include New Berlin Elementary School, New Berlin Jr High School and New Berlin High School. 4685 Wabash Avenue is a 0-bed, 0-bath, 40.78 ac of land on a 1,776,376 sq. ft. / 40.78 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Professionals

Based on information submitted to the MLS GRID as of 02/11/2026 03:27 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.