700 W  Jefferson St, Springfield, IL 62702
Property image
Property image
FOR SALE
0.59 ACRES

700 W Jefferson St
Springfield, IL 62702

Historic West Side

    $199,900

    Original price: $215,000
    Est. Mortgage $1,410/mo*

    $199,900

    Original price: $215,000
    Est. Mortgage $1,410/mo*
    (on 0.59 acres)

    Local Information

    • Map ViewExplore the area around 700 W Jefferson St.
    • Schools1 Elementary School1 Middle School1 High School
    • Shop & Eat
    -- mins to
    Commute Destination

    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.

    Home Highlights

    Parking
    No Info
    Outdoor
    No Info
    HOA
    None
    Price/Sqft
    No Info
    Listed
    180+ days ago

    Home Details for 700 W Jefferson St

    Interior Features

    Appliances & Utilities
    Utilities: Electricity Available, Natural Gas Available
    Gas & Electric
    Has Electric on Property

    Exterior Features

    Water & Sewer
    Sewer: Public Sewer

    Days on Market

    Cumulative Days on Market: 370Days on Market: 180+

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Unimproved Land
    Property Information
    Parcel Number: 1428.0382031

    Price & Status

    Price
    List Price: $199,900

    Active Status

    MLS Status: Active

    Location

    Direction & Address
    City: SpringfieldCommunity: None
    School Information
    High School: Springfield District #186

    Agent Information

    Listing Agent
    Listing ID: CA1035172

    HOA

    Association for this Listing: Capital Area Association of Realtors

    Lot Information

    Lot Area: 0.59 acres

    Mobile R/V

    Mobile Home Park
    Mobile Home Units: Feet

    Miscellaneous

    Mls Number: CA1035172Attribution Contact: Mobl: 217-691-0999
    Last check for updates: about 16 hours ago
    Listing courtesy of Melissa M Grady, (217) 691-0999
    The Real Estate Group, Inc.
    Originating MLS: Capital Area Association of Realtors
    Source: RMLS Alliance as distributed by MLS GRID, MLS#CA1035172
    Based on information submitted to the MLS GRID as of 2026-07-06 13:57:40 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information

    Market trends in Springfield

    Last updated May 2026
    Buyer'sMarketSeller'sMarket
    Avg. sale price
    $167K
    $1.42K
    MoM
    Sale-to-List Price
    99.1%
    0.8%
    MoM
    Price per sq ft
    $110
    $4
    MoM
    Available listings
    282
    33
    MoM

    Price History for 700 W Jefferson St

    DatePriceEventSource
    01/07/2026$199,900PriceChange
    RMLS Alliance as distributed by MLS GRID #CA1035172
    09/05/2025$215,000PriceChange
    RMLS Alliance as distributed by MLS GRID #CA1035172
    03/20/2025$225,000Listed For SaleRMLS Alliance as distributed by MLS GRID #CA1035172
    11/07/2024$675,000Sold
    N/A
    11/13/2023$610,000Sold
    N/A

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    Property Tax and Assessment

    Year2024
    Tax$12,975
    Assessment$463,419
    Home facts updated by county records

    Comparable Sales for 700 W Jefferson St

    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    0.63
    Lot/Land
    $21,000
    04/13/26
    -
    -
    0.73
    Lot/Land
    $2,500
    10/09/25
    -
    -
    0.74
    Lot/Land
    $2,500
    10/09/25
    -
    -
    1.10
    Lot/Land
    $6,800
    08/11/25
    -
    -
    1.24
    Lot/Land
    $20,000
    08/18/25
    -
    -
    1.25
    Lot/Land
    $15,000
    09/18/25
    -
    -
    1.24
    Lot/Land
    $10,000
    09/18/25
    -
    -
    2.35
    Lot/Land
    $3,000
    03/17/26
    -
    -
    2.65
    Lot/Land
    $5,000
    08/22/25
    -
    -

    Nearby homes

    Get a sense of prices in the area by checking nearby homes.
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    Assigned Schools

    These are the assigned schools for 700 W Jefferson St.
    The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

    Neighborhood Overview

    Neighborhood stats provided by third party data sources.

    What Locals Say about Historic West Side

    At least 22 Trulia users voted on each feature.
    • 100 % Say there are sidewalks

    • 96 % Say parking is easy

    • 92 % Say it's dog friendly

    • 81 % Say car is needed

    • 71 % Say there's holiday spirit

    • 69 % Say it's walkable to grocery stores

    • 67 % Say kids play outside

    • 67 % Say yards are well-kept

    • 64 % Say streets are well-lit

    • 64 % Say people would walk alone at night

    • 59 % Say they plan to stay for at least 5 years

    • 58 % Say neighbors are friendly

    • 42 % Say it's quiet

    • 38 % Say there's wildlife

    • 33 % Say it's walkable to restaurants

    • 25 % Say there are community events

    Sourced by Trulia users. Learn more about our methodology.
    • Trulia User
      "great Very good awesome and will always be the best on site where type with all of the other other rental places this is available to everywhere and it's very very good to join and hanwork with under all circumstances"
    • Toddclawrence
      "Great safe neighborhood with good transportation and groceries are close enough to walk..............."
    • Alex29
      "Nothing in particular makes my neighborhood unique. I like that there are still trees and green space "
    • Trulia User
      "We have fireworks during July that are just off the park. Also the park has an amazing event in October called jack o lantern fest. Family friendly and fun! "
    • Katlynhalstead
      "We are located in a really beautiful area, with nature trees and a cobblestone street. You can see the capitol building from the front yard - and the location is perfect for work or going shopping."
    • rolladp
      "My family and I lived here for seven years. it is a wonderful neighborhood, would not change one minute, best wishes to whom calls it home."
    • marcjtyalor3
      "After years of wanting to move here, we finally were able to do so. Our dream house!! Great neighbors, near Washington Park. Perfect."
    • annpoldark
      "We are visiting Springfield, staying with friends who live on this street. I am enjoying the neighborhood. It is safe to take an evening walk. Washington Park is very close by. The houses and yards are maintained very well. People walk their dogs too. If we were in the market to move to Springfield I would be looking to buy in this area."
    • annpoldarkchi
      "Due to a promotion we had to move to Chicago two years ago. I really miss our neighborhood. It was such a great place to live. When we retire, WE WILL be moving back to the Historic West Side of Springfield. "
    • virtually_slim
      "I used to live in this area. It is very family friendly and quiet. "

    LGBTQ Local Legal Protections

    Melissa M Grady, The Real Estate Group, Inc.
    Agent Phone: (217) 691-0999
    700 W Jefferson St, Springfield, IL 62702 is a lot/land. 700 W Jefferson St is located in Historic West Side, Springfield. This property is currently available for sale and was listed by RMLS Alliance as distributed by MLS GRID on Mar 20, 2025. The MLS # for this home is MLS# CA1035172.