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    Farmer City, IL
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    Farmer City, IL Commercial Land for Sale

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    Arrowsmith, IL De Witt, IL Le Roy, IL
    Commercial Land I-74 Visibility
    Updated: Jun 11, 2024
    Commercial Land I-74 Visibility

    IL-54, Farmer City, IL 61842

    $771,447
    Attractive Interstate 74 visibility.
    Located at the Farmer City exit of Interstate 74 (21,000 AADT).
    Flexible lots available.
    Great price point.
    Adjacent to the upcoming Reserve Farmer City multifamily development.
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    I-74 Frontage Land Available
    Updated: Jun 11, 2024
    I-74 Frontage Land Available

    IL-54, Farmer City, IL 61842

    $359,370
    High I‑74 visibility and exit frontage
    All utilities to site
    Strategic location halfway between Champaign‑Urbana and Bloomington‑Normal
    Adjacent to upcoming multifamily and commercial development
    Can accommodate semi trucks on road extension
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 2 Active listings in Farmer City, 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.

    Corner Parcel Development Opportunity
    Corner Parcel Development Opportunity

    19040 US-150, Bloomington, IL 61705

    $379,000
    1.82 AC lot

    1.82-acre corner parcel for commercial or residential development.

    View details
    Commercial Lots Near Interstate 74
    Commercial Lots Near Interstate 74

    LeRoy Plaza Lots, Persimmon Drive, Le Roy, IL 61752

    $31,580

    Commercial lots with high visibility near Interstate 74.

    View details
    Bloomington West Side Land Available
    Bloomington West Side Land Available

    2308 US 150, Bloomington, IL 61705

    $1,689,692
    8.62 AC lot

    Land available on Bloomington's West Side, ready to build.

    View details
    Commercial Lots in LeRoy Plaza
    Commercial Lots in LeRoy Plaza

    Persimmon Dr, Le Roy, IL 61752

    $31,580

    Commercial lots with high visibility off Interstate 74.

    View details

    Off-Market Properties in Farmer City, IL

    Consider similar Off-Market properties in Farmer City, 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.

    Farmer City, IL 61842
    VACANT COMMERCIAL LAND

    Farmer City, IL 61842

    Value Estimation by Request
    2.00 AC lot
    View details

    Farmer City, IL Commercial Land Market Trends and Statistics

    Explore 3 commercial land for sale in Farmer City, 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 $1,130,817.

    Sale prices for commercial lots in Farmer City, IL start at $359,370, averaging $565,408, and reaching up to $771,447 — 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

    Waterfront Land 3
    Commercial land 2
    Residential land & home lots 2
    Hunting land 1
    Industrial land 1

    Demographics Overview

    Population 2,577
    Population Growth (5Y) -5.5%
    Median Household Income $79,167
    College Educated 23.2%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    61842 $359.4K

    Taxes & Financing

    Tax Rate (average for all types) 8.30%
    Property Tax per SF $51.54 per SF
    Average Loan-to-Value 65.0%

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