4004 Cockrell ln - Residential LAND FOR SALE


Springfield, IL 62711 919,552 SF
$799,000 USD
732-569-0278
4004 Cockrell ln, Springfield, IL for Sale
$799,000 USD
Residential LAND - FOR SALE
1/3
919,552 SF

4004 Cockrell ln
Springfield, IL 62711


OVERVIEW

Premier Residential or Multifamily Development Opportunity This 21.11-acre offering spans three contiguous parcels along the fairway of Panther Creek Country Club, in one of Springfield’s most affluent and stable residential corridors. The property combines scenic golf course frontage, exceptional demographics, and development flexibility in a location unmatched on the city’s west side. Parcel Breakdown: Parcel 034: ±17.48 acres (primary development tract along Mathers Rd) Parcel 027: ±1.73 acres (fronting Mathers Rd at course edge) Parcel 025: ±1.90 acres (Cockrell Ln frontage near River Birch) The site is currently approved for single-family development, with the City of Springfield expressing strong willingness to consider multifamily rentals, luxury townhomes, or senior-oriented housing. Surrounding households report a median income of approximately $115,000 and an average income above $155,000, over twice the citywide average. Neighboring homes routinely list between $600,000 and $850,000, reflecting the exclusivity and stability of the Panther Creek submarket. The property benefits from dual access along Mathers Road and Cockrell Lane, with full utility service available at the perimeter. Seller will consider offers on individual parcels or the property in its entirety. Highlights: 21.11 acres total across three parcels (17.48 ac, 1.73 ac, 1.90 ac) Directly borders the 18th fairway of Panther Creek Country Club Surrounded by homes valued $600K–$850K+ Median HH income ˜ $115K | Average ˜ $158K City support for multifamily and senior housing Frontage on Mathers Rd & Cockrell Ln Utilities available at site boundary

FOR SALE DETAILS

PRICE

$799,000 USD

PRICE/ACRE

$37,849/AC

PRICE/SF

$0.87 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Apartment Units, Apartment Units - Condo, Apartment Units - Senior, Single Family Residence

LAND ACRES

21.11 AC

LAND SF

919,552 SF

OFFSITE IMPROVEMENTS

-

ZONING

R-5

APN/PARCEL ID

21-24.0-100-027,21-24.0-100-029,21-24.0-100-034

ASK ABOUT THIS PROPERTY

Mili TabakAperion CareMore Info
732-569-0278

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Mili TabakAperion CareMore Info
732-569-0278

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.