Commercial

Effingham, IL Commercial Land for Sale

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Teutopolis, IL Dieterich, IL Altamont, IL Wheeler, IL Neoga, IL Newton, IL St Elmo, IL Hidalgo, IL
6 properties
Commercial Land for Storage Units
Updated: Dec 25, 2025
Commercial Land for Storage Units

502 South Banker Street, Effingham, IL 62401

$119,000
37,462 sqft 1.30 AC lot
1.3‑acre commercial land in the center of town with 3 separate property tax IDs: 0316035086, 0316035085, and 0316035070
Currently zoned B‑2; would need rezoning to Special Use for storage units
Main lot is approximately 450x85, plus two additional lots (75x100 and an irregular lot)
Frontage/access off National Ave (south) and High St (north)
Includes a 10' alley through the property
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Commercial Land with On/Off Access
Updated: Jul 6
Commercial Land with On/Off Access

809 N Keller Drive, Effingham, IL 62401

$645,900
Commercially zoned 2‑lot parcel with an existing 2‑story structure on Keller Dr, just off the I‑57/I‑70 exit.
High‑visibility site with easy on/off access and strong traffic counts (per public remarks).
2 lots included: 03‑11‑191‑012 and 03‑11‑191‑013.
Total lot size is 0.49 acres (21,344 SF) with 2 parking spaces (total).
Public utilities: public water and public sewer.
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General Commercial Zoning Lot
General Commercial Zoning Lot

1305 South Willow Street, Effingham, IL 62401

$39,900
27,007 sqft 0.57 AC lot

A 100-by-250 commercial lot zoned B2-General Commercial District on Illinois State Hwy 33.

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Commercial Land Outlot Near Major Interchange
Commercial Land Outlot Near Major Interchange

201 Walk Ave, Effingham, IL 62401

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2.00 AC lot

Divisible outlot positioned near the I-70/I-57 split with heavy daily traffic nearby.

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Commercial Outlot Near Rural King
Commercial Outlot Near Rural King

201 Walk Ave, Effingham, IL 62401

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2.00 AC lot

2 AC divisible outlot near Rural King on US Route 45.

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Commercial Land with Interstate Access
Commercial Land with Interstate Access

1st Lot S of 1502 Hampton Drive, Effingham, IL 62401

$199,900

B-2-zoned commercial land with available utilities and access via Hampton Drive.

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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 6 Active listings in Effingham, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Commercial Land Parcels
Commercial Land Parcels

905 E North Ave, Flora, IL 62839

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0.45 AC lot

Two commercial land lots totaling 0.45 acres, offering high visibility and convenient access.

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Prime Commercial Land on US-50
Prime Commercial Land on US-50

E 12th Street E, Flora, IL 62839

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3.00 AC lot

Development-ready 3-acre lot with high-traffic US-50 frontage.

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Commercial Land Lot in Business Center
Commercial Land Lot in Business Center

Lot 17 Lerna Rd, Mattoon, IL 61938

$174,339

Vacant commercial lot available in Buxton Center, one of 21 properties offered for sale.

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Commercial Land Parcel
Commercial Land Parcel

Lot 21 Lerna Rd, Mattoon, IL 61938

$361,787

Commercial lot 21 is available for sale within Buxton Center.

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Effingham, IL Commercial Land Market Trends and Statistics

Explore 6 commercial land for sale in Effingham, IL, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 255,697 square feet of properties for sale, with an estimated market value of $1,004,700.

Sale prices for commercial lots in Effingham, IL start at $39,900, averaging $251,175, and reaching up to $645,900 — 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

Commercial land 8
Hunting land 1
Waterfront Land 1
Residential land & home lots 1

Demographics Overview

Population 19K
Population Growth (5Y) +3.5%
Median Household Income $76,098
College Educated 39.5%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
62401 $268.3K

Taxes & Financing

Tax Rate (average for all types) 6.21%
Property Tax per SF $98.34 per SF
Average Loan-to-Value 65.0%

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