Olney, IL
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    Olney, IL Commercial Land for Sale

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    Clay City, IL Lawrenceville, IL Flora, IL
    Olney, IL Vacant Land
    $250,000
    3.09 Acres

    Olney, IL Vacant Land

    403 N West St., Olney, IL 62450

    Prime acreage near Starbucks and Best Western, ideal for development.

    • Prime acreage location on Rt 130.
    • High traffic location.
    • Located behind Starbucks and beside Best Western.
    • Easement from Rt 130 is built and ready.
    • Ideal site for future development.
    Updated: Mar 17
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    5.5 Acre Lot with Buildings
    $450,000
    2,375 SF

    5.5 Acre Lot with Buildings

    600 S Camp Ave, Olney, IL 62450

    5.5 acre lot with buildings and storage containers.

    • 5.5 acre lot
    • 2,390 sq ft metal building
    • 2,375 sq ft block building
    • 19 metal storage containers (negotiable with sale)
    • 6 inch water main
    Updated: Dec 7, 2021
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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Olney, 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.

    Vacant In-Town Lot in Fairfield
    Contact for pricing

    Vacant In-Town Lot in Fairfield

    Vacant lot ready for development or investment in Fairfield, IL.

    407 N.W 5th, Fairfield, IL 62837
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    Commercial Land with Billboard Income
    $129,900
    0.44 Acres

    Commercial Land with Billboard Income

    0.44 acre commercial lot with highway access and utilities.

    1021 Hart Street, Vincennes, IN 47591
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    Commercial Land with Highway Frontage
    $200,000
    3.00 Acres

    Commercial Land with Highway Frontage

    2.56 acres with buildings, ideal for restaurant or retail.

    Pt of 1500 Main St, Fairfield, IL 62837
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    Commercial Land in Business District
    $124,900
    0.39 Acres

    Commercial Land in Business District

    Land on heavily traveled road with multiple use possibilities.

    1323 Washington Ave, Vincennes, IN
    View details

    Olney, IL Commercial Land Investment Opportunities Market Analysis

    Explore 2 commercial land for sale in Olney, IL on our real estate platform. These investment opportunities span a total of 2,375 square feet of properties for sale, with an estimated market value of $450,000.

    Sale prices for commercial lots in Olney, IL start at $450,000, averaging $450,000, and reaching up to $450,000 — 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 land 2
    Residential land & home lots 1

    Demographics Overview

    Population 12K
    Population Growth (5Y) +1.4%
    Median Household Income $60,133
    College Educated 27.7%

    High-Yield Neighborhoods for Strategic Investment

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

    Neighborhood Average Price
    62450 $350K

    Taxes & Financing

    Tax Rate (average for all types) 7.55%
    Average Loan-to-Value 65.0%

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