About This Home

This 0-bedroom, 0-bathroom commercial at 1700 WABASH Avenue in Springfield, IL is listed for $850,000. on a 0.70 acres lot.

Key Features

  • 0.70 acre lot

Property Details

1 story

Amenities

A/C
Listing Description

+/-4,413 SF FREESTANDING RETAIL / RESTAURANT OPPORTUNITY +/-0.70 Acres | Former Hardee's | Existing Drive-Thru | $975,000 EXECUTIVE SUMMARY 1700 Wabash Avenue presents an exceptional opportunity to acquire a highly visible, freestanding commercial configuration provides an ideal foundation for a new food-and-beverage operator, while the building and site also offer flexibility for repositioning, adaptive reuse, or lease-up to a new tenant.

Offered at $850,000 the property is well suited for an owner-user or investor seeking a well-located Central Illinois commercial asset with strong surrounding retail fundamentals. INVESTMENT HIGHLIGHTS - +/-4,413 SF freestanding commercial building - +/-0.70-acre parcel - Former Hardee's restaurant location - Existing drive-thru infrastructure - Mo

nument signage - Ample on-site parking - Highly visible location along Wabash Avenue - Daily traffic counts exceeding 25,000 vehicles - Located near the intersection of Wabash Avenue and Chatham Road - Strong surrounding national and regional retail presence - Excellent opportunity for owner-user, investor, or new operator - Potential for repositio

ning, adaptive reuse, or re-tenanting - Offered at $850,000 PREMIER RETAIL CORRIDOR The property is strategically located along Wabash Avenue, one of Springfield's most prominent commercial corridors. The area benefits from substantial daily traffic. Nearby national tenants include: - Target - Lowe's - ALDI - Panera Bread - Chick-fil-A - Starbucks

Monthly Cost Estimate

$4,546/mo

20% down · 6.5% · 30 years

Principal$615
Interest$3,683
Insurance$248

Estimates only. Actual payments may vary.

Location

1700 WABASH Avenue

Springfield, IL 62704

Property Details

Flooring

Tile

Construction

Brick Glass Frame

Heating

Forced Air

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 1700 WABASH Avenue is listed at $850,000. The estimated monthly payment is $4,546 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 0.70 acre lot.

This property is listed by Jay Clark and can be reached at 2177253402.

JC

Jay Clark

Agent at The Real Estate Group, Inc.

(217) 725-3402

Listed by The Real Estate Group, Inc. · Broker phone: (217) 787-7000 · View on Broker Site

MLS# CA1046199· Source: RMLS Alliance· 19 days on PropertySimple

Copyright © 2026 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1700 WABASH Avenue, Springfield, IL 62704

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