Commercial

Canton, IL Commercial Land for Sale

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Corner Commercial Land Parcel
Updated: Jul 20
Corner Commercial Land Parcel

50 N 5th Avenue, Canton, IL 61520

$363,912
0.92± acre commercial corner lot with frontage on Illinois Route 78
Located just southwest of the intersection of Route 78 and Chestnut Street, with access from both roads
High traffic counts: approx. 9,150 vehicles/day on Route 78 and 1,800 vehicles/day on Chestnut Street
Commercially zoned land suitable for uses including restaurant, retail, professional office, or small multi‑tenant development
Neighboring businesses include Aldi, Casey's, Graham Hospital Convenient Care Clinic, and Monical's Pizza
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 Active listings in Canton, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Property with Multi-Bay Building
Mixed-Use Property with Multi-Bay Building

4611 W MIDDLE Road, Peoria, IL 61605

$400,000
0.88 AC lot

Two-story office space, a separate multi-bay building, and an undeveloped lot support varied commercial uses.

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Former Movie Theater Complex
Former Movie Theater Complex

1124 Edgewater Drive, North, Pekin, IL 61554

$990,000

B-1-zoned entertainment property with substantial parking and access from IL-98 near I-474.

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Commercial Land with High Visibility
Commercial Land with High Visibility

2428 N 8th St, Pekin, IL 61554

Contact for pricing

Corner lot with frontage on two routes, zoned commercial.

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Peoria County Business Park Land
Peoria County Business Park Land

Commerce & Development Drive, Peoria, IL 61604

Contact for pricing

Located in Peoria County Business Park near Interstate 474.

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Off-Market Properties in Canton, IL

Consider similar Off-Market properties in Canton, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

520 Chestnut St
VACANT COMMERCIAL LAND

520 Chestnut St, Canton, IL 61520-2841

Estimated value:
$255,000
0.53 AC lot
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Canton, IL Commercial Land Market Trends and Statistics

Explore 2 commercial land for sale in Canton, IL on our real estate platform.

Sale prices for commercial lots in Canton, IL average $363,912 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Residential land & home lots 3
Agricultural land / Farmland 1
Commercial land 1

Demographics Overview

Population 16K
Population Growth (5Y) -4.2%
Median Household Income $56,618
College Educated 22.7%

High-Yield Neighborhoods for Investment

Identify Canton submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
61520 $363.9K

Taxes & Financing

Tax Rate (average for all types) 9.07%
Tax Rate vs County Average 0.04 pp below county avg
Average Loan-to-Value 65.0%

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