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    Effingham, IL
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    Effingham, IL Commercial Land for Sale

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    Altamont, IL Wheeler, IL Beecher City, IL
    Prime Development Land For Sale
    $4,424,000
    91.00 Acres
    Prime Development Land For Sale

    S Banker St, Effingham, IL

    Development land zoned M-1 Light Industrial/B-2 Commercial available for sale.
    • 91 Acres of Development Land Zoned M‑1 Light Industrial/B‑2 Commercial with Negotiable Lot Sizes (1.95 AC - 71.3 AC).
    • Located in an Enterprise Zone with Potential for Rail Access via a 1206' Property Border on CN Class 1 Rail Line.
    • Excellent Location along S. Banker St. (12,200 VPD), near John Boos Facility and across from Expanding Effingham Airport.
    • Robust Utility Infrastructure: 12" Water & Sewer Line, 69kV & 12kV Lines, & 300psi MAOP Gas Service Line.
    • Low Industrial Vacancy (3.9% with 1.1% Availability) in an Area with Over 6 Million SF Developed by Major Companies (ADM, Pepsico, Sherwin Williams, etc.).
    Updated: Aug 29, 2025
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    Commercial Outlot Near Rural King
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    2.00 Acres
    Commercial Outlot Near Rural King

    201 Walk Ave, Effingham, IL 62401

    2 AC divisible outlot near Rural King on US Route 45.
    • Join successful Rural King store.
    • High traffic location: Over 12,000 vehicles pass daily.
    • Excellent accessibility: Just two miles from Interstate 70 and Interstate 57 split.
    • Strong demographics: Population of over 50,000 with average household incomes of approximately $80,000 within a 20‑mile radius.
    • Available 2 AC outlot (divisible).
    Updated: Mar 9, 2021
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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.

    Turnkey Investment Property with Expansion Potential
    $495,000
    0.48 Acres
    Turnkey Investment Property with Expansion Potential

    Leased retail spaces with vacant lot for future development.

    921 Lake Land Blvd, Mattoon, IL 61938

    View details
    Commercial Land Near Public Park
    Contact for pricing
    Commercial Land Near Public Park

    Commercial land for sale, located near a public park.

    3121 Commercial Ave, Mattoon, IL 61938

    View details
    Corner Lot on Lincoln Avenue
    $278,000
    Corner Lot on Lincoln Avenue

    Commercial parcels on busy Lincoln Ave, great redevelopment opportunity.

    915 Lincoln Ave, Charleston, IL 61920

    View details
    Charleston Commercial Outlot Opportunity
    Contact for pricing
    0.50 Acres
    Charleston Commercial Outlot Opportunity

    0.5 AC outlot near Rural King and Eastern Illinois University.

    1475 18th St, Charleston, IL 61920

    View details

    Effingham, IL Commercial Land Market Trends and Statistics

    Explore 2 commercial land for sale in Effingham, IL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $4,424,000.

    Sale prices for commercial lots in Effingham, IL start at $0.00, averaging $2,212,000, and reaching up to $4,424,000 — 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

    Commercial land 2
    Hunting land 1
    Industrial land 1

    Demographics Overview

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

    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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