Commercial

Effingham, IL Commercial Land for Sale

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Teutopolis, IL Watson, IL Altamont, IL Montrose, IL Neoga, IL Beecher City, IL Newton, IL St Elmo, 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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2 active listings match your search: Commercial Land for sale in Effingham, IL. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

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

Commercial Land with Stocked Pond
Commercial Land with Stocked Pond

8691 South Main Street, Altamont, IL 62411

$833,000
507,474 sqft

AGR-zoned acreage along Interstate 70 near access ramps in Altamont, Illinois.

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Commercial Land with Pond
Commercial Land with Pond

8691 N 300th Street, Altamont, IL 62411

$833,000

AGR-zoned acreage extends alongside I-70, with access to nearby interstate ramps.

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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 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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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 7
Commercial land 3
Waterfront Land 3
Agricultural land / Farmland 1
Hunting 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 $2.1M

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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