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    Olney, IL
    Commercial

    Olney, IL Commercial Land for Sale

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    Noble, IL Calhoun, IL Clay City, IL
    Olney, IL Vacant Land
    Updated: Mar 17
    Olney, IL Vacant Land

    403 N West St., Olney, IL 62450

    $250,000
    3.09 AC lot
    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.
    View details
    5.5 Acre Lot with Buildings
    Updated: Dec 7, 2021
    5.5 Acre Lot with Buildings

    600 S Camp Ave, Olney, IL 62450

    $450,000
    2,375 sqft · 5.50 AC lot
    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
    View details
    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 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.

    Prime Development Land For Sale
    Prime Development Land For Sale

    S Banker St, Effingham, IL

    $4,424,000
    91.00 AC lot

    Development land zoned M-1 Light Industrial/B-2 Commercial available for sale.

    View details
    Commercial Lot with Billboard Rental
    Commercial Lot with Billboard Rental

    1021 Hart Street, Vincennes, IN 47591

    $129,900
    0.44 AC lot

    Commercial lot with on-site billboards and $4,050 annual rental income, with public utilities available and easy highway access.

    View details
    Commercial Land in Business District
    Commercial Land in Business District

    1323 Washington Ave, Vincennes, IN

    $124,900
    0.39 AC lot

    Land on heavily traveled road with multiple use possibilities.

    View details
    Commercial Outlot Near Rural King
    Commercial Outlot Near Rural King

    201 Walk Ave, Effingham, IL 62401

    Contact for pricing
    2.00 AC lot

    2 AC divisible outlot near Rural King on US Route 45.

    View details

    Olney, IL Commercial Land Market Trends and Statistics

    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 property segments ranked by active listings on the market

    Commercial land 2
    Agricultural land / Farmland 1
    Hunting land 1

    Demographics Overview

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

    High-Yield Neighborhoods for Investment

    Identify Olney submarkets with the highest inventory density on the market and evaluate the average 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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