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

$175,000

    700 W Jefferson St, Springfield, IL 62702

    Historic West Side
    Est. Mortgage $1,303/mo*
    Get Pre-Qualified

    Home Highlights

    Lot/Land
    0.59 acre lot

    Local Information

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

    About this House

    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.
    Last check for updates: about 5 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
    Also Listed on RMLS Alliance as distributed by MLS GRID.
    Based on information submitted to the MLS GRID as of 2026-09-20 01:52:27 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

    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: 484Days 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: $175,000

    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

    Around this home

    Neighborhood Overview

    Historic West Side
    See Local Highlights
    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

    • 72 % Say there's holiday spirit

    • 68 % Say kids play outside

    • 67 % Say yards are well-kept

    • 67 % Say it's walkable to grocery stores

    • 64 % Say streets are well-lit

    • 64 % Say people would walk alone at night

    • 59 % Say neighbors are friendly

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

    • 42 % Say it's quiet

    • 40 % 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"
      2
      Flag
    • Toddclawrence
      "Great safe neighborhood with good transportation and groceries are close enough to walk..............."
      2
      Flag
    • Alex29
      "Nothing in particular makes my neighborhood unique. I like that there are still trees and green space "
      0
      Flag
    • 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! "
      5
      Flag
    • 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."
      5
      Flag
    • 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."
      8
      Flag
    • marcjtyalor3
      "After years of wanting to move here, we finally were able to do so. Our dream house!! Great neighbors, near Washington Park. Perfect."
      6
      Flag
    • 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."
      3
      Flag
    • 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. "
      2
      Flag
    • virtually_slim
      "I used to live in this area. It is very family friendly and quiet. "
      1
      Flag

    Market trends in Springfield

    Last updated August 2026
    Buyer'sMarketSeller'sMarket
    Avg. sale price
    $190K
    $2.08K    MoM
    Sale-to-List Price
    100.0%
    Price per sq ft
    $116
    $1    MoM
    Available listings
    317
    25    MoM

    Home Value

    Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

    Comparable sales

    These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    1236 W Monroe St, Springfield, IL
    0.63
    Lot/Land
    $21,000
    04/13/26
    -
    -
    408 W Chenery St, Springfield, IL
    0.73
    Lot/Land
    $2,500
    10/09/25
    -
    -
    404 W Chenery St, Springfield, IL
    0.74
    Lot/Land
    $2,500
    10/09/25
    -
    -
    2133 E North Grand Ave, Grandview, IL
    2.33
    Lot/Land
    $50,000
    08/07/26
    -
    -
    2041 E Cedar St, Springfield, IL
    2.35
    Lot/Land
    $3,000
    03/17/26
    -
    -
    2102 E Black Ave, Springfield, IL
    2.47
    Lot/Land
    $16,500
    08/04/26
    -
    -
    3710 W Bluffs Rd, Springfield, IL
    3.20
    Lot/Land
    $55,000
    12/19/25
    -
    -
    6 Pine Ridge Dr, Springfield, IL
    2.90
    Lot/Land
    $60,000
    10/22/25
    -
    -
    3201 Enfield Cir, Springfield, IL
    3.20
    Lot/Land
    $49,500
    01/07/26
    -
    -
    3200 Enfield Cir, Springfield, IL
    3.21
    Lot/Land
    $49,500
    01/07/26
    -
    -

    Nearby home prices

    Get a sense of expected prices in the area by checking the value of nearby homes.
    Address
    Distance
    Price
    Bed
    Bath
    Sqft
    Status
    730 W Jefferson St, Springfield, IL 62702
    0.05
    $222,300
    6
    4
    3,001
    Off Market
    802 W Jefferson St, Springfield, IL 62702
    0.08
    -
    2
    4
    4,351
    Off Market
    123 N Glenwood Ave, Springfield, IL 62702
    0.09
    $166,400
    4
    3
    1,860
    Off Market
    121 N Parker Ave, Springfield, IL 62702
    0.09
    $53,000
    3
    1
    923
    Recently Sold
    822 W Jefferson St, Springfield, IL 62702
    0.10
    $189,100
    2
    2
    1,185
    Off Market
    629 W Washington St, Springfield, IL 62702
    0.12
    $360,000
    8
    4
    3,300
    Recently Sold
    102 S Glenwood Ave, Springfield, IL 62704
    0.12
    $142,500
    4
    2
    2,872
    Off Market
    146 N State St, Springfield, IL 62702
    0.12
    $87,000
    2
    1
    1,203
    Recently Sold
    202 N State St, Springfield, IL 62702
    0.12
    $202,200
    3
    4
    2,277
    Off Market
    319 N Glenwood Ave, Springfield, IL 62702
    0.12
    $93,500
    2
    1
    1,200
    Off Market
    206 S State St, Springfield, IL 62704
    0.12
    $215,000
    4
    3
    1,899
    For Sale

    Price and Tax history

    DateEventPrice
    Jul 16, 2026
    Source: RMLS Alliance as distributed by MLS GRID #CA1035172
    		PriceChange
    $175,000
    Price decreased by 12%
    Jan 7, 2026
    Source: RMLS Alliance as distributed by MLS GRID #CA1035172
    		PriceChange
    $199,900
    Price decreased by 7%
    Sep 5, 2025
    Source: RMLS Alliance as distributed by MLS GRID #CA1035172
    		PriceChange
    $215,000
    Price decreased by 4%
    Mar 20, 2025
    Source: RMLS Alliance as distributed by MLS GRID #CA1035172
    		Listed For Sale
    $225,000
    Nov 7, 2024
    Source: N/A
    		Sold
    $675,000

    LGBTQ Local Legal Protections

    Melissa M Grady, The Real Estate Group, Inc.
    Agent Phone: (217) 691-0999

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    Frequently asked questions about 700 W Jefferson St

    • How big is 700 W Jefferson St?
      700 W Jefferson St in Springfield, IL is about 0.59 acres (25,700 sq ft).
    • What is the price per acre for 700 W Jefferson St?
      700 W Jefferson St in Springfield, IL is listed at $175,000, or about $295K per acre.
    • What do residents say about the Historic West Side neighborhood?
      Residents describe the Historic West Side neighborhood in Springfield, IL as pedestrian-friendly, easy to park in, and dog-friendly. See homes for sale in Historic West Side, Springfield.
    • What are the closest schools to 700 W Jefferson St?
      The closest schools to 700 W Jefferson St in Springfield, IL are Elizabeth Graham Elementary School (rated 3/10), Springfield High School (rated 5/10), U S Grant Middle School (rated 2/10).
    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.