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Lacon, IL

Lacon, IL Commercial Real Estate for Sale

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Sparland, IL Chillicothe, IL Varna, IL Washburn, IL Lowpoint, IL Putnam, IL Toluca, IL Mcnabb, IL

9 properties

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Agricultural and Recreational Land

Updated: Jun 17

Agricultural and Recreational Land

1401 HICKORY GROVE Road, Lacon, IL 61540

$1,299,000

114.00 AC lot

114+/- acre tract just outside Lacon in Marshall County, IL
85+/- acres of tillable, workable cropland for farming or investment income
29+/- acres of recreational ground with hunting and outdoor use
Includes a mix of tillable farmland and recreational area in one property
Water source: private

High-Traffic Specialty Building

Updated: Jul 14

High-Traffic Specialty Building

107 N Prairie Street, Lacon, IL 61540

$150,000

Approximately 8,000+ SF specialty building on a high‑traffic intersection
Boiler system not working; property sold as‑is
Basement water damage from a water line break
Asbestos present in the building
Brick and stone construction with asphalt roof

Multi-Office Commercial Building

Multi-Office Commercial Building

130 5TH Street, Lacon, IL 61540

$115,000

B1-zoned office building with central air, forced-air natural gas heat, and multi-office space.

Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Restaurant Building with Kitchen

Restaurant Building with Kitchen

107 N Prairie Street, Lacon, IL 61540

$150,000

8,000 sqft

Large restaurant building on a high-traffic intersection, sold as-is with a non-working boiler and basement water damage.

Agricultural Farmland with Road Frontage

Agricultural Farmland with Road Frontage

1712 TAX SCHOOL Road, Lacon, IL 61540

$403,725

44.00 AC lot

44+/- acre farmland with 26+/- acres of tillable ground and 120 PI, plus road frontage on three sides.

Office Building with Parking

Office Building with Parking

130 5th Street, Lacon, IL 61540

$115,000

1,900 sqft

The building includes multiple office spaces and parking availability.

Tillable and Recreational Land

Tillable and Recreational Land

1401 Hickory Grove Road, Lacon, IL 61540

$1,299,000

A well-balanced farmland tract with tillable cropland and recreational ground for outdoor and hunting use.

Productive Illinois Tillable Farm

Productive Illinois Tillable Farm

1450 State Route 17, Lacon, IL 61540

Contact for pricing

105.48 AC lot

Approximately 105 acres of tillable farmland with documented 2025 corn and soybean production.

Free Standing Building With Offices

Free Standing Building With Offices

130 N 5TH Street, Lacon, IL 61540

Contact for pricing

1,900 sqft

1900 SF building with two separate office spaces.

Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 9 Active listings in Lacon, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 63 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.

Farms with Pole Barn

Farms with Pole Barn

001 N HARDSCRABBLE Road, Sparland, IL 61565

$399,000

32.60 AC lot

Agricultural farm with tillable ground, mature timber, creek frontage, and a newer pole barn.

Agricultural Land with Pole Barn

Agricultural Land with Pole Barn

1 N HARDSCRABBLE Road, Sparland, IL 61565

Contact for pricing

5,400 sqft 33.00 AC lot

33-acre farm with tillable ground, mature timber, a creek, and a newer 60-by-90 pole barn.

Agricultural Land Parcel

Agricultural Land Parcel

801 Brookside Drive, Varna, IL 61375

Contact for pricing

For-sale agricultural land parcel located at 801 Brookside Drive in Varna, Illinois.

Specialty Property for Sale

Specialty Property for Sale

617 Brookside Drive, Varna, IL 61375

Contact for pricing

Specialty commercial property located near the Lake Wildwood main gate with entry requiring a pass.

Off-Market Properties in Lacon, IL

Consider similar Off-Market properties in Lacon, 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.

331 5th St

COMMERCIAL (GENERAL)

331 5th St, Lacon, IL 61540-1209

$240,000

Estimated value

2,684 sqft 0.06 AC lot

215 5th St

VACANT COMMERCIAL LAND

215 5th St, Lacon, IL 61540-1207

$240,000

Estimated value

0.02 AC lot

215 5th St

COMMERCIAL (GENERAL)

215 5th St, Lacon, IL 61540-1207

$270,000

Estimated value

2,331 sqft 0.06 AC lot

Lacon, IL 61540

COMMERCIAL (GENERAL)

Lacon, IL 61540

$275,000

Estimated value

0.16 AC lot

Hwy 26

COMMERCIAL (GENERAL)

Hwy 26, Lacon, IL 61540

$265,000

Estimated value

1.90 AC lot

Hwy 26

COMMERCIAL (GENERAL)

Hwy 26, Lacon, IL 61540

$270,000

Estimated value

0.59 AC lot

863 State Rte 26th, Unit 859

INDUSTRIAL (GENERAL)

863 State Rte 26th, Lacon, IL 61540-8903

Unit 859

$220,000

Estimated value

2.96 AC lot

410 5th St

COMMERCIAL (GENERAL)

410 5th St, Lacon, IL 61540-1212

$265,000

Estimated value

0.06 AC lot

Lacon, IL 61540

VACANT COMMERCIAL LAND

Lacon, IL 61540

$265,000

Estimated value

1.36 AC lot

Lacon, IL 61540

VACANT COMMERCIAL LAND

Lacon, IL 61540

Value Estimation by Request

Lacon, IL 61540

COMMERCIAL (GENERAL)

Lacon, IL 61540

$245,000

Estimated value

6.47 AC lot

Lacon, IL 61540

VACANT COMMERCIAL LAND

Lacon, IL 61540

$240,000

Estimated value

3.33 AC lot

Lacon, IL 61540

VACANT COMMERCIAL LAND

Lacon, IL 61540

Value Estimation by Request

Lacon, IL 61540

VACANT COMMERCIAL LAND

Lacon, IL 61540

$250,000

Estimated value

2.00 AC lot

904 State Rte 26

COMMERCIAL (GENERAL)

904 State Rte 26, Lacon, IL 61540-8905

$260,000

Estimated value

4,080 sqft 7.55 AC lot

Lacon, IL Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Lacon, IL, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 11,800 square feet of properties for sale, with an estimated market value of $3,531,725.

Sale prices for business properties in Lacon, IL start at $115,000, averaging $504,532, and reaching up to $1,299,000 — 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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Demographics Overview

Population 2,700

Population Growth (5Y) -2.5%

Median Household Income $74,519

College Educated 24.4%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
61540	$545.8K

Taxes & Financing

Average Loan-to-Value 65.0%

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