1700 WABASH Avenue
Springfield, IL, 62704
$850,000
Beds
0 Baths
0 SqFt
0.7 Acres
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MLS #RMACA1046199 image #0
±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

Price:
$850,000
MLS #:
RMACA1046199
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Listed Date:
Aug 26, 2026
Total Sq Ft:
4,413

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Schools

Interior

Cooling
Central Air
Flooring
Tile
Heating
Forced Air
Levels
One

Exterior

Construction Materials
Brick, Glass, Frame
Roof
Flat

Financial

Tax Year
2025
Taxes
$24,850

Map

Community

Market Summary

Current real estate data for Commercial in Springfield as of Sep 18, 2026
184
Commercial Listed
954
Avg DOM
$669,894
Avg List Price

Property Summary

    1700 WABASH Avenue Springfield IL is a Commercial for sale in Springfield, IL, 62704. It is listed for $850,000 To schedule a showing of MLS#rmaca1046199 at 1700 WABASH Avenue in Springfield, IL, contact your Phil Dressen Realtors agent at (217) 254-9223.

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1700 WABASH Avenue
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