For sale

$149,900

Est. $1,126/mo —

—

•

— ba

•

5,000

sq ft

313 W Madison St, Springfield, IL 62702

About this home

Unlock the full potential of your operation with a versatile warehousing and distribution facility supporting storage, packaging, logistics, and shipping/receiving are ideal for ecommerce operations, while processing or fabrication uses with industrial characteristics can also be accommodated. The district further allows utility and public service functions such as water facilities or electrical substations, along with light manufacturing and assembly of components or goods that do not create significant nuisances. Industrial supporting operations, including contractor yards or equipment maintenance, may be permitted, often through conditional use. Additionally, cannabis craft growing or processing facilities have recently been approved as conditional uses within I1 in Springfield, provided they meet specific conditions such as restricted public access and fencing compliant with city standards. Seller-financing will NOT be considered, cash only. Buyer pays for all closing costs.

1900Year Built

3,782 sq ftLot Size

$30Price/Sq.Ft.

Listed by Anthony Disano • Parkvue Realty Corporation

Listing updated: Aug 21, 2026 at 11:38am

Redfin checked: 2 minutes ago

•Source:MRED as Distributed by MLS Grid #12556773

Payment calculator

$1,126 per month

Principal and interest$788

Property taxes

$270

HOA dues

Home insurance

$69

Utilities

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Open houses

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Nearby open houses (10)

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OPEN SUN, 12PM TO 1:30PM
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OPEN SUN, 1PM TO 2:30PM
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OPEN SUN, 1PM TO 3PM
$490,000
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OPEN SUN, 1PM TO 3PM3D WALKTHROUGH
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OPEN SUN, 1:30PM TO 3PM
$784,900
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Around this home

Schools

K - 12
Preschool & daycare

Enos Elementary School

Public K-5 • Assigned • 0.7mi

4/10

U S Grant Middle School

Public 6-8 • Assigned • 1.4mi

2/10

Springfield High School

Public 9-12 • Assigned • 0.3mi

5/10

Provided by GreatSchools

About Oak

Ridge

Provided by Walk Score and Local Logic

Property details

Interior
Exterior
Finance

Interior features
Built before 1978

Heating & cooling
Other type of heat/ventilation

Sale and tax history for 313 W Madison St

Sale History
Tax History

Public record

Public record
Zoning

Beds

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Baths

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Stories

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Lot width

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Lot depth

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Lot size

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Year renovated

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Finished Sq. Ft.

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Unfinished Sq. Ft.

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Total Sq. Ft.

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Year built

—

Style

Unknown

County

Sangamon County

APN

14280476013000

Parking Spaces

—

Basement

—

Accessible

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HOA Dues

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Garage

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Features

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Last updated by owner on Jan 30, 2026.

I-1

Light Industrial District

This district is designed for a wide range of manufacturing and other industrial activities, which can conform to a high level of performance standards. Industrial activities of this type, within completely enclosed buildings, provide a buffer between residence or commercial districts and other industrial uses, which involve more objectionable influences. New residential development is excluded from this district, both to protect residences from an undesirable environment and to ensure the reservation of adequate areas for industrial development.

Permitted uses

Include but are not limited to:

Automotive repair garage
Automotive sales
Gas station
Laundromat
General retail
Manufacturing
Self-Storage / mini-Storage
Warehouse
Fire house
Post office

Historical weather

Springfield, IL • 62702

Average low and high temperatures (°F)

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Provided by Shadowmap

Redfin Estimate for 313 W Madison St

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Details provided by MRED as Distributed by MLS Grid and may not match the public record. Learn more.

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About this home

Payment calculator

See this home in person

Nearby open houses (10)

Around this home

Schools

Property details

Sale and tax history for 313 W Madison St

Public record

Historical weather

Sun exposure

Redfin Estimate for 313 W Madison St

Early Access listings

Nearby similar homes

New listings for sale in 62702

More real estate resources