# 700 W JEFFERSON Street, Springfield, IL 62702

> **TL;DR:** land, $175,000. Est. $936/mo. Listed 545 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $175,000 |
| Lot Size | 25,700 sqft (0.59 acres) |
| Property Type | Land (Other) |
| Status | Active |
| Days on Market | 545 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $885 |
| Estimated Insurance | $51 |
| **Total** | **$936** |

## Nearby Schools

- **High:** Springfield District #186

## Property Highlights

- 0.59 acre lot

## Description

### Agent Description
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.

## Location

- **Address:** 700 W JEFFERSON Street, Springfield, IL 62702
- **County:** Sangamon
- **Coordinates:** 39.803053, -89.663962
- **Google Maps:** https://www.google.com/maps?q=39.803053,-89.663962

## Listing Agent

- **Name:** Melissa Grady
- **Brokerage:** The Real Estate Group, Inc.
- **Phone:** 2176910999
- **Broker Phone:** (217) 787-7000
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/700-W-Jefferson-St_Springfield_IL_62702_M93259-30771?f=listhub&s=PAARIL&m=CA1035172&c=propsimple)

## Photos

![700 W JEFFERSON Street - Photo 1](http://lh.rdcpix.com/2ac9acbd1f84122f2fee425d0e6e4a97l-f2835491262r.jpg)

![700 W JEFFERSON Street - Photo 2](http://lh.rdcpix.com/2ac9acbd1f84122f2fee425d0e6e4a97l-f762460530r.jpg)

![700 W JEFFERSON Street - Photo 3](http://lh.rdcpix.com/2ac9acbd1f84122f2fee425d0e6e4a97l-f3144893131r.jpg)

![700 W JEFFERSON Street - Photo 4](http://lh.rdcpix.com/2ac9acbd1f84122f2fee425d0e6e4a97l-f3884726147r.jpg)

![700 W JEFFERSON Street - Photo 5](http://lh.rdcpix.com/2ac9acbd1f84122f2fee425d0e6e4a97l-f1472949936r.jpg)

![700 W JEFFERSON Street - Photo 6](http://lh.rdcpix.com/2ac9acbd1f84122f2fee425d0e6e4a97l-f1154248665r.jpg)

![700 W JEFFERSON Street - Photo 7](http://lh.rdcpix.com/2ac9acbd1f84122f2fee425d0e6e4a97l-f1527783686r.jpg)

![700 W JEFFERSON Street - Photo 8](http://lh.rdcpix.com/2ac9acbd1f84122f2fee425d0e6e4a97l-f738844620r.jpg)

![700 W JEFFERSON Street - Photo 9](http://lh.rdcpix.com/2ac9acbd1f84122f2fee425d0e6e4a97l-f2244090125r.jpg)

![700 W JEFFERSON Street - Photo 10](http://lh.rdcpix.com/2ac9acbd1f84122f2fee425d0e6e4a97l-f699641760r.jpg)

---

**MLS#:** CA1035172 | **Updated:** 2026-09-02
**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/700-w-jefferson-street-springfield-il-62702-a1035172)

---

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