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Active - Land for sale

700 W JEFFERSON Street, Springfield, IL

Facts & features

Land Property type
604 days on Beycome
25,700 sqft Lot size

Why you’ll love it

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.

Translating description...

Listings courtesy of The Real Estate Group, Inc. as distributed by MLS GRID.

Listed by: The Real Estate Group, Inc.

Co-listed by: The Real Estate Group, Inc.

Source: RMLS Alliance as distributed by MLS GRID, MLS#: CA1035172 RMLS Alliance as distributed by MLS GRID logo

Based on info available as of Nov 13, 2026 at 1:33 AM EST.

Come see by yourself

Affordability

$130,000$270,000
1%20%
0%90%
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Estimated monthly payment

$2,480/mo

  • Mortgage$1,011
  • Property tax$1,469
  • HOA fee
  • Homeowners insurance
Due at closing$158,921
Down payment held in escrow$39,980
Closing costs$2,999
beycome credit Est.$3,998

Beycome estimates only. Actual amounts and terms vary by lender and location.

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Travel times

About Springfield

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This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.

Flood & climate risk

FEMA Flood Zone X

Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.

More details

Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

Based on information submitted to the MLS GRID as of Nov 13, 2026 at 01:33am EST. 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.

$199,900 Listed price

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$3,998 Credit back

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