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.
Lot/land
$225,000
700 W Jefferson St, Springfield, IL 62702
--beds
--baths
0.59Acres
Unimproved Land
Built in ----
0.59 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 44 days
- on Zillow |
- 51 |
- 1 |
Zillow last checked: 7 hours ago
Listing updated: March 24, 2025 at 01:01pm
Listed by:
Melissa M Grady Mobl:217-691-0999,
The Real Estate Group, Inc.
Source: RMLS Alliance,MLS#: CA1035172
Originating MLS: Capital Area Association of Realtors


Travel times
Facts & features
Property
Lot
- Size: 0.59 Acres
- Dimensions: 25,666 sq ft
- Features: Corner Lot, Level
Details
- Parcel number: 1428.0382031
- Zoning description: Commercial
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Natural Gas Available
Community & HOA
Community
- Subdivision: None
Location
- Region: Springfield
Financial & listing details
- Tax assessed value: $598,122
- Annual tax amount: $17,626
- Date on market: 3/20/2025
- Electric utility on property: Yes
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