1700 WABASH Avenue, Springfield, IL 62704

Other
AUD $1,219,750
USD $850,000
Published on: 02 Sep 2026
Last updated on: 05 Sep 2026
1700 WABASH Avenue, Springfield, IL 62704
1700 WABASH Avenue, Springfield, IL 62704
  • 2
Property ID: 110119760004
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Commercial Sale, Springfield, IL

1700 WABASH Avenue, Springfield, IL 62704
+/-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

Property Details

Basic Info

Property Type
Other
Listing Status
Active
Land Size
2,832.80 m2
Num Floors
1
County
Sangamon
Parcel ID
22080326023
Provider
RMLS Alliance
Brokerage Office Name
The Real Estate Group, Inc.
Brokerage Office Phone
(217) 787-7000
Address
1700 WABASH Avenue, Springfield, IL 62704

Tax History

YearTax amount
2025USD $24850AUD $35,660*

*Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. Neither realestate.com.au nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. realestate.com.au recommends that you independently verify any information before relying on it.

Contact Agent
Jay Clark
The Real Estate Group, Inc.
3701 West Wabash , Springfield, IL 62711
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3701 West Wabash , Springfield, IL 62711
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      Property ID: 110119760004

      Original Property ID: 3yd-PAARIL-CA1046199
      Data provided by RMLS Alliance, MLS #: CA1046199
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