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3101 Taylor Ave 2.75 Acres of Commercial Land Offered at $210,000 in Springfield, IL 62703

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Investment Highlights

  • Prominent southeast Springfield location with full Taylor Avenue access
  • High visibility with traffic counts reaching 16,955 vehicles per day
  • Strong retail positioning supported by Walgreens and CVS cotenancy
  • Dense nearby population including more than 101,000 residents within five miles

Executive Summary

This prime 2.75 acre parcel offers an exceptional opportunity within one of Springfield’s most active southeast retail corridors. Positioned along Taylor Avenue with full access, the site benefits from strong traffic volumes, drawing consistent consumer activity from established neighborhood and regional destinations. Surrounded by national cotenants including Walgreens and CVS, the property is situated within a proven retail trade area that regularly attracts both local residents and daytime populations from the nearby medical, university, and governmental employment centers.

Property Facts

Price $210,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
Total Lot Size 2.75 AC

1 Lot Available

Lot

Price $210,000
Price Per AC $76,363.64
Lot Size 2.75 AC

Flat topography, excellent visibility, and direct access make this parcel adaptable and efficient for redevelopment.

Description

This prime 2.75 acre parcel offers an exceptional opportunity within one of Springfield’s most active southeast retail corridors. Positioned along Taylor Avenue with full access, the site benefits from strong traffic volumes, drawing consistent consumer activity from established neighborhood and regional destinations. Surrounded by national cotenants including Walgreens and CVS, the property is situated within a proven retail trade area that regularly attracts both local residents and daytime populations from the nearby medical, university, and governmental employment centers. As the capital of Illinois, Springfield serves as a major economic anchor for state government, higher education, healthcare, and regional commerce. The subject site is strategically located within minutes of University of Illinois Springfield and White Oaks Mall, allowing a future owner to capture demand from students, employees, residents, and visiting traffic. Nearby corridors deliver vehicle counts exceeding 16,955 VPD, supporting a wide range of commercial development strategies including retail pads, medical services, quick-serve concepts, automotive uses, and service-based operations.

Property Taxes

Property Taxes

Parcel Number
22-11.0-401-023
Land Assessment
$67,973
Improvements Assessment
$0
Total Assessment
$67,973
  • Listing ID: 39488818

  • Date on Market: 2/19/2026

  • Last Updated:

  • Address: 3101 Taylor Ave, Springfield, IL 62703

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