1700 WABASH Avenue, Springfield, IL 62704
sale
$850,000
|
Other
Courtesy Of The Real Estate Group, Inc.
+/-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
Read More About This Property
Read Less About This Property
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. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Property Features
- Cooling System: Central Air
- Exterior Type: Brick
- Exterior Type: Frame
- Exterior Type: Glass
- Floor Covering: Tile
- Floors: 1
- Heating System: Forced Air
- Legal Description: PT NW1/4 SW1/4 8-15-5 (175 X 175)
- MLSID: CA1046199
- Roof Type: Flat
Data powered by Attom Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
You may also be interested in...
sale
$1,100,000
Other
3731 WABASH Avenue
Springfield, IL 62711
Land: 1 Acres
Courtesy Of The Real Estate Group, Inc.
sale
$1,060,000
Other
2601 STEVENSON Drive
Springfield, IL 62707
Courtesy Of Keller Williams Capital
sale
$1,003,622
Other
Lincolnshire Boulevard lot: 19
Springfield, IL 62704
Land: 1.44 Acres
Courtesy Of The Real Estate Group, Inc.
sale
$999,999
Other
1295 TORONTO Road
Springfield, IL 62707
Land: 0.74 Acres
Courtesy Of RMP of Springfield,LLC dba Remax Professionals