Commercial

Effingham, IL Commercial Land for Sale

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Teutopolis, IL Shumway, IL Altamont, IL Montrose, IL Neoga, IL Mode, IL Beecher City, IL Newton, IL
Commercial Land with Highway Access
Updated: Sep 16
Commercial Land with Highway Access

1700 W Fayette Ave, Effingham, IL 62401

$3,500,000
11.5‑acre commercial land parcel
EB‑5 Effingham Highway Commercial zoning
Direct access to the Fayette Avenue corridor
Approximately 19,000 VPD along the corridor
Near Walgreens, ALDI, Hobby Lobby, and Best Western
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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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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 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.

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

E 12th Street E, Flora, IL 62839

Contact for pricing
3.00 AC lot

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

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Land
Land

000 W 12th St, Flora, IL 62839

$75,000

Land

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Commercial Land Parcel
Commercial Land Parcel

Lot 03 Lerna Road, Mattoon, IL 61938

$113,091

Lot 03 is part of the Buxton Centre commercial property offering.

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Commercial Land Parcel
Commercial Land Parcel

Lot 21 Lerna Road, Mattoon, IL 61938

$361,788
101,446 sqft

Commercial lot 21 is available for sale within Buxton Center.

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Effingham, IL Commercial Land Market Trends and Statistics

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

Sale prices for commercial lots in Effingham, IL start at $645,900, averaging $2,072,950, and reaching up to $3,500,000 — 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 10
Waterfront Land 5
Commercial land 3
Hunting land 1
Industrial land 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 $645.9K

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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