Olney, IL Commercial Real Estate 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.
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Multi-Use Farmland and Timber Tract
Updated: Jun 20
Multi-Use Farmland and Timber Tract

5301 N Ridge Rd, Olney, IL 62450

$680,000
80.00 AC lot
80± acre tract with a mix of ~62± acres tillable and ~17.5± acres timber for farming and hunting uses
Approximately 62± acres are in tillable production, providing rental income potential from productive farmland
Timber acreage (~17.5± acres) offers hunting opportunities with natural cover
Road frontage with direct road access for convenient entry of equipment and farm machinery
Gently rolling terrain and fertile soils support workable, efficient farming
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Commercial Building with Multiple Offices
Commercial Building with Multiple Offices

4295 N Holly Rd, Olney, IL 62450

$799,000
11,700 sqft

Three-story commercial building featuring multiple offices and conference rooms.

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5.5 Acre Lot with Buildings
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 with buildings and storage containers.

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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 4 Active listings in Olney, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 68 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.

Former Church with Conversion Potential
Former Church with Conversion Potential

14286 Old Highway 50, Clay City, IL 62824

$35,000
1,200 sqft · 0.50 AC lot

Unique property with endless possibilities for visionary buyer.

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Brick Block Restaurant/ Pub Building
Brick Block Restaurant/ Pub Building

137 S Main Street, Clay City, IL 62824

Contact for pricing
0.06 AC lot

Solid block and brick commercial structure formerly used as a restaurant/pub on the main strip, offered for cash sale.

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Stone and Block Retail Building
Stone and Block Retail Building

105 W Olive Street, Bridgeport, IL 62417

Contact for pricing
0.03 AC lot

Small retail building with stone/block construction and a rear door option, offered as-is for investor or owner-operator use.

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Recreational Hunting and Tillable Land
Recreational Hunting and Tillable Land

Toolhouse Road, Bridgeport, IL 62417

$299,000
67.79 AC lot

A 67.79-acre tract with 24 acres tillable and wooded acreage, offering hunting and potential solar lease opportunities.

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Off-Market Properties in Olney, IL

Consider similar Off-Market properties in Olney, 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.

117 Boone St
COMMERCIAL (GENERAL)

117 Boone St, Olney, IL 62450-2109

Value Estimation by Request
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501 Whittle Ave
COMMERCIAL (GENERAL)

501 Whittle Ave, Olney, IL 62450-2264

Value Estimation by Request
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605 Main St
COMMERCIAL (GENERAL)

605 Main St, Olney, IL 62450-2163

Value Estimation by Request
View details
948  St
COMMERCIAL (GENERAL)

948 St, Olney, IL 62450-1319

Value Estimation by Request
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112 Whittle Ave
COMMERCIAL (GENERAL)

112 Whittle Ave, Olney, IL 62450-2250

Value Estimation by Request
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928 Scott St
COMMERCIAL (GENERAL)

928 Scott St, Olney, IL 62450-2576

Value Estimation by Request
2.98 AC lot
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900 Scott St
COMMERCIAL (GENERAL)

900 Scott St, Olney, IL 62450-2576

Value Estimation by Request
2.41 AC lot
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200  St
COMMERCIAL (GENERAL)

200 St, Olney, IL 62450-1108

Value Estimation by Request
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215 Whittle Ave
COMMERCIAL (GENERAL)

215 Whittle Ave, Olney, IL 62450-2210

Value Estimation by Request
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1515 Walnut St
COMMERCIAL (GENERAL)

1515 Walnut St, Olney, IL 62450

Value Estimation by Request
0.67 AC lot
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901 Saint John St
COMMERCIAL (GENERAL)

901 Saint John St, Olney, IL 62450

Value Estimation by Request
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510 Lafayette St
COMMERCIAL (GENERAL)

510 Lafayette St, Olney, IL 62450-1374

Value Estimation by Request
0.59 AC lot
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Cherry School
COMMERCIAL (GENERAL)

Cherry School, Olney, IL 62450

Value Estimation by Request
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5570 Il 130
COMMERCIAL (GENERAL)

5570 Il 130, Olney, IL 62450

Value Estimation by Request
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908 Main St
COMMERCIAL (GENERAL)

908 Main St, Olney, IL 62450-2622

Value Estimation by Request
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531 Whittle Ave Ste A
COMMERCIAL (GENERAL)

531 Whittle Ave Ste A, Olney, IL 62450-2209

Value Estimation by Request
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416 Main St
COMMERCIAL (GENERAL)

416 Main St, Olney, IL 62450-2118

Value Estimation by Request
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412 Whittle Ave
COMMERCIAL (GENERAL)

412 Whittle Ave, Olney, IL 62450

Value Estimation by Request
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516 Kitchell Ave
COMMERCIAL (GENERAL)

516 Kitchell Ave, Olney, IL 62450

Value Estimation by Request
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414 York St
COMMERCIAL (GENERAL)

414 York St, Olney, IL 62450-2161

Value Estimation by Request
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Olney, IL Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Olney, IL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 14,075 square feet of properties for sale, with an estimated market value of $1,249,000.

Sale prices for business properties in Olney, IL start at $450,000, averaging $624,500, and reaching up to $799,000 — 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 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 $544.8K

Taxes & Financing

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

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