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1700 WABASH Avenue
Springfield IL 62704 US

$850,000

Active Listing ID CA1046199
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Lot: 0.70 Acres
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$850,000

Active Listing ID CA1046199
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1700 WABASH Avenue +/-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

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Property Features

  • Facts
  • Lot Size: 0.70 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Cooling System: Central Air
  • Floor Covering: Tile
  • Roof Type: Flat
  • Heating Fuels: Forced Air

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 850000
  • unparsedaddress: 1700 WABASH Avenue
  • postalcity: Springfield
  • stateorprovince: IL
  • country: US
  • postalcode: 62704
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.7
  • lotsizeunits: Acres
  • lotsizearea: 0.7
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 39.763873
  • longitude: -89.683066
  • listagentfullname: Jay Clark
  • listagentemail: jclark@thegroup.com
  • listagentkey: 3yd-PAARIL-CA7229
  • listagentmlsid: CA7229
  • listagentpreferredphone: 2177253402
  • listofficekey: 3yd-PAARIL-CA2050
  • listofficemlsid: CA2050
  • disclaimer: 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.
  • sourcesystemid: PAARIL
  • listingcontractdate: 2026-08-26
  • listagenturl: https://www.searchillinoishomesforsale.com
  • countyorparish: Sangamon
  • parcelnumber: 22080326023
  • cooling: Central Air
  • constructionmaterials: Brick, Glass, Frame
  • flooring: Tile
  • heating: Forced Air
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 0
  • roof: Flat
  • waterfrontyn: False
  • franchiseaffiliation: None
  • utilities: Water Available
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -89.68307, 39.763874
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"The Real Estate Group, Inc.", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"jclark@thegroup.com", "ListBrokerageCity":"Springfield", "ListBrokerageCountry":"US", "ListBrokerageEmail":"mikeo@thegroup.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"The Real Estate Group, Inc.", "ListBrokeragePhone":"(217) 787-7000", "ListBrokeragePostalCode":"62711", "ListBrokerageStateOrProvince":"IL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"3701 W Wabash Ave", "ListBrokerageWebsiteUrl":"https://www.searchillinoishomesforsale.com", "ListOfficeAddress1":"3701 West Wabash ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"CA2050", "ListOfficeCity":"Springfield", "ListOfficeCountry":"US", "ListOfficeEmail":"mikeo@thegroup.com", "ListOfficePostalCode":"62711", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"Commercial Sale, Springfield, IL", "ListingURL":"https://listings.listhub.net/pages/PAARIL/CA1046199/?channel=rexren", "MLSModificationTimestamp":"2026-09-04 20:03:14", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":24850, "TaxDescription":"PT NW1/4 SW1/4 8-15-5 (175 X 175)", "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 9/4/2026 8:18:22 PM GMT
Source Updated Date: 9/12/2026 6:44:18 PM GMT

Courtesy of: Jay Clark, The Real Estate Group, Inc., jclark@thegroup.com

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.