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Lot/land
  • $175,000

    3945 Peoria Rd, Springfield, IL 62702

    --beds
    --baths
    1.11Acres
    Unimproved Land
    Built in ----
    1.11 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    3945 N Peoria Rd offers a highly visible 1.11-acre development opportunity along the heavily traveled Business I-55/Peoria Road corridor on Springfield’s north side, with IDOT roadway data indicating approximately 9,600 annual average daily traffic, lending itself wonderfully to receive amazingly beneficial business Frontage recognition. The parcel features excellent road exposure and is positioned among established commercial properties, creating strong potential for a variety of future uses. With utilities easily accessible at the street, the expected infrastructure investment will be minimal. Its location provides convenient access to I-55, Dirksen Parkway, Sherman, and the greater Springfield area, making it an attractive site for an owner-user, investor, or future development project. The property is currently unimproved, allowing a buyer the flexibility to plan and develop the site to fit their needs. With approximately 1.11 acres and prominent frontage along one of the area’s well-traveled north-side corridors, this is a unique opportunity to secure a visible piece of ground in a growing commercial area. Buyer to verify the needed zoning, permitted uses, utilities, and development requirements.
    16 days
    101
    2

    Zillow last checked:

    Listing updated:

    Listed by:

    Joshua F Kruse Offc:217-787-7000,

    The Real Estate Group, Inc.

    Source: RMLS Alliance as distributed by MLS GRID,MLS#: CA1046960MLS LogoOriginating MLS: Capital Area Association of Realtors

      Facts & features

      Property

      Lot
      • Size: 1.11 Acres
      • Dimensions: 1.11 Acre
      • Features: Level
      Details
      • Parcel number: 1411.0401033
      • Zoning description: Residential

      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: $98,064
      • Annual tax amount: $692
      • Date on market: 10/5/2026
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        10/5/2026Listed for sale$175,000-12.5%
        Source: RMLS Alliance as distributed by MLS GRID #CA1046960 Report a problem
        12/29/2017Sold$200,000
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2019$2,748 $32,688 +0.5%
        2018$2,748 +2.1%$32,529 +1.3%
        2017$2,692 +2%$32,108 +1.5%
        2016$2,639 +1%$31,640 +1.2%
        2015$2,613 +1.5%$31,262 +0.6%
        2014$2,574 +2.3%$31,061
        2013$2,517 +2%$31,061
        2012$2,468 +2.5%$31,061
        2011$2,408 +2.6%$31,061 +1%
        2010$2,348 +3%$30,762 +1.4%
        2009$2,278 +6%$30,325 +4.2%
        2008$2,149 +0.7%$29,102 +4.3%
        2007$2,133 +1.6%$27,911 +3.8%
        2006$2,100 $26,887
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 62702

        Getting around

        22 / 100
        Car-Dependent
        27 / 100
        Some Transit

        Nearby schools

        GreatSchools rating

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