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33691309
33299263

815 N 11th St, Springfield, IL 62702

BD
Crexi Contact
Commercial Real Estate Exchange Inc
KP
IL 475191818
Friedman Real Estate
Listed by Friedman Real Estate, Commercial Real Estate Exchange Inc
Starting bid: $50,000
Bidding Starts:
August 3rd, 2026 4:00 pm

Self Storage Land Opportunity

Details
APN 14-27.0-257-019; 14-27.0-257-021
Property Type Land, Self Storage
Sub Type Commercial
Acreage 4.250
Zoning B-1
Parking Spaces 280

4.25 acres | B-1 Zoning

Marketing description

For registration requirements and regulations, please review here or contact Bianca Diorio | 954-302-3810 | [email protected].

Springfield Self-Storage at 815 N 11th St, Springfield, IL 62702 offers a compelling opportunity to acquire a premier self-storage development site just blocks from the Illinois State Capitol. Ideally positioned between Springfield’s downtown commercial core and established single-family neighborhoods, this ±4-acre site is planned for a Class A facility totaling 90,260 NRSF with 876 units, including approximately 67% climate-controlled space. Designed to meet strong local demand, the project features a highly accessible infill location surrounded by apartments, residential density, employers, and daily-needs retail. Planned improvements include 280 parking spaces, and all easements have been vacated to support development. The site’s central location, visibility, and proximity to major traffic corridors make it well suited for long-term self-storage performance. This is a rare chance to deliver institutional-quality storage in Illinois’ capital city, where a stable employment base, strong daytime population, and diverse mix of government, healthcare, and service-sector jobs help support ongoing demand. With scale, modern design, and an exceptional urban location, this offering stands out as a high-upside development opportunity in the Springfield market!

  • Non-Contingent
  • Earnest Money Deposit is Greater of $20,000 or 10% of the Purchase Price
  • Marketing Fee: 5% of the Winning Bid Amount, $20,000 minimum
  • $10,000 Participation Deposit

815 N 11th St, Springfield, IL 62702

Investment highlights

  • Upon Closing, the Site Can be Developed as a Large Class A Self-Storage Facility
  • 4- Acre Site with 90,260 NRSF, 876 Units
  • 67% of the Units will be Climate-controlled
  • Blocks Away from the State Capitol, Ideally Positioned Between the Downtown Commercial District and a Single-Family Residential Neighborhood
  • 280 Parking Spots
  • All Easements Have Been Vacated
  • Valued at $16MM upon reaching 93% occupancy

Contacts

BD
Crexi Contact
Commercial Real Estate Exchange Inc
KP
IL 475191818
Friedman Real Estate
Listed by Friedman Real Estate, Commercial Real Estate Exchange Inc

Map

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Additional Information

Name
Kris Parker
License
475191818
Brokerage
Friedman Real Estate
Brokerage Phone
3123835735
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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