Property details
About 700 W Jefferson St
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.
Highlights
Summary
- List Price: $225,000
- Annual Tax Amount: $17,626
- Tax Year: 2023
- Lot: Corner Lot, Level
- Directions: Corner of West Jefferson and Walnut
- Lot Size: 0.59 Acres
- MLS Number: CA1035172
- MLS Name: RMLSA
- Office Name: The Real Estate Group, Inc.
- Listing Agent: Melissa Grady
Listings courtesy of RMLS Alliance as distributed by MLS GRID.
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. Properties displayed may be listed or sold by various participants in the MLS.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of RMLS Alliance®. Real estate listings held by brokerage firms other than this broker are marked with the RMLSA logo and detailed information about them includes the name of the listing brokers. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but is not guaranteed and should be independently verified through personal inspection and/or with the appropriate professionals. Copyright © 2025 Peoria Area Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/6/2025, 2:20:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$225,000
700 W Jefferson St
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Nov 13, 2023 | Home Sold | $610,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $199,374 | $17,626 |
| 2022 | $189,123 | $16,947 |
| 2021 | $182,042 | $16,385 |
| 2020 | $182,316 | $16,059 |
| 2019 | $181,680 | $15,915 |
| 2018 | $188,368 | $15,915 |
| 2017 | $185,932 | $15,585 |
History based on county public records data.
Nearby schools
3
Dubois Elementary School
Public District KG-5
0.5 mi
•120 S Lincoln Ave
3
Elizabeth Graham Elementary School
Public District KG-5
0.5 mi
•900 W Edwards St
6
Enos Elementary School
Public District KG-5
0.8 mi
•524 W Elliott Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $45,112. Typical income of Springfield, IL residents is between $35k-100k annually. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Figure Skating
Pro Boxing- UFC
Where do the neighbors shop?
Family Dollar
Burlington
Dillards
Where do the neighbors go to eat?
Church's Chicken
Popeyes
Burger King
What do the neighbors drive?
Cadillac
Dodge
Buick
What do the neighbors listen to?
Jazz
Urban Contemporary
Rock
Frequently asked questions
About 700 W Jefferson St
The listing price of 700 W Jefferson St property is $225,000.
The property 700 W Jefferson St is land located in Springfield, Illinois, 62702.
Active Listing: 700 W Jefferson St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 700 W Jefferson St are: Dubois Elementary School (GreatSchools Rating 3/10), Elizabeth Graham Elementary School (GreatSchools Rating 3/10), Enos Elementary School (GreatSchools Rating 6/10), U S Grant Middle School (GreatSchools Rating 2/10), Lincoln Magnet School (GreatSchools Rating 9/10), Iles Elementary School (GreatSchools Rating 8/10), Springfield High School (GreatSchools Rating 5/10), Lanphier High School (GreatSchools Rating 2/10), Springfield Southeast High School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2023 is $17,626 (source: MLS/based on county public records data).
The last sale was on November 13, 2023 for $610,000 (source: MLS/tax record).
The property 700 W Jefferson St is 0.59 acres.
This home is located at 700 W Jefferson St in Springfield, IL and zip code 62702 in the Historic Westside neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since March 21, 2025 and is currently priced at $225,000.
While more than 38 listings in Springfield, IL in April 2025 were sold above asking price, there were more than 32 listings sold at asking price, and more than 54 were sold below. In April 2025 in Springfield, IL there were 11.1% more homes for sale than in March. While the average time on the market in April 2025 was 23 days, the median list price was $170,111.