# 1700 WABASH Avenue, Springfield, IL 62704 > **TL;DR:** commercial, $850,000. > A/C. Est. $4,546/mo. Listed 20 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $850,000 | | Lot Size | 30,492 sqft (0.70 acres) | | Stories | 1 | | Property Type | Commercial (Other) | | Status | Active | | Days on Market | 20 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $4,298 | | Estimated Insurance | $248 | | **Total** | **$4,546** | ## Key Amenities - A/C ## Property Highlights - 0.70 acre lot ## Description ### Agent 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 - Monument 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 repositioning, 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 ## Location - **Address:** 1700 WABASH Avenue, Springfield, IL 62704 - **County:** Sangamon - **Coordinates:** 39.763873, -89.683066 - **Google Maps:** https://www.google.com/maps?q=39.763873,-89.683066 ## Listing Agent - **Name:** Jay Clark - **Brokerage:** The Real Estate Group, Inc. - **Phone:** 2177253402 - **Broker Phone:** (217) 787-7000 - **Listing URL:** [View original listing](https://listings.listhub.net/pages/PAARIL/CA1046199/?channel=propsimple) ## Photos ![1700 WABASH Avenue - Photo 1](http://lh.rdcpix.com/f599bd826428cbb005433c5b6e1d7454l-f2314418473r.jpg) ![1700 WABASH Avenue - Photo 2](http://lh.rdcpix.com/f599bd826428cbb005433c5b6e1d7454l-f963432757r.jpg) --- **MLS#:** CA1046199 | **Updated:** 2026-09-03 **Source:** listhub *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.* [View on PropertySimple](https://www.propertysimple.ai/listing/1700-wabash-avenue-springfield-il-62704-a1046199) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/1700-wabash-avenue-springfield-il-62704-a1046199#listing", "url": "https://www.propertysimple.ai/listing/1700-wabash-avenue-springfield-il-62704-a1046199", "name": "1700 WABASH Avenue, Springfield, IL 62704", "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 - Monument 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 repositioning, 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. 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