Olney, IL Commercial Real Estate for Sale

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Noble, IL Calhoun, IL West Salem, IL Clay City, IL Bridgeport, IL Newton, IL Oblong, IL Bone Gap, IL
Multi-Use Farmland and Timber Tract
Updated: Jun 20
Multi-Use Farmland and Timber Tract

5301 N Ridge Rd, Olney, IL 62450

Contact for pricing
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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Multipurpose Farm Land
Updated: Apr 11
Multipurpose Farm Land

367 N West St, Olney, IL 62450

Contact for pricing
Multi‑purpose farm land offering both crop production and recreation.
Sold via live and online auction.
Live auction: Tuesday, March 21, 2023 at 2:00 PM CST.
Live auction location: Best Western Plus Hotel Event Center, 367 N West Street, Olney, IL 62450.
Online bidding opens Monday, March 13, 2023 at 8:00 AM CST and closes at the end of the live event.
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Commercial Building with Multiple Offices
Commercial Building with Multiple Offices

4295 N Holly Rd, Olney, IL 62450

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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

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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.

Block and Brick Restaurant Building
Block and Brick Restaurant Building

137 S Main Street, Clay City, IL 62824

Contact for pricing
2,500 sqft

Solid block and brick commercial restaurant building offered for cash sale, with exterior viewing only and no inside access.

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Block-and-Brick Storefront
Block-and-Brick Storefront

137 S Main Street, Clay City, IL 62824

Contact for pricing
0.06 AC lot

Commercial building on the main strip with a former restaurant and pub use.

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Turnkey Gaming Lounge and Bar
Turnkey Gaming Lounge and Bar

1051 E North Avenue, Flora, IL 62839

$425,000
0.30 AC lot

Turnkey gaming lounge and bar with drive-through, corner visibility, and handicap-accessible restrooms.

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Turnkey Gaming Lounge, Bar, and Venue
Turnkey Gaming Lounge, Bar, and Venue

1051 E. North Avenue, Flora, IL 62839

Contact for pricing
2,500 sqft

Turnkey gaming lounge, store, bar, and venue for sale.

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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

$300,000
Estimated value
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501 Whittle Ave
COMMERCIAL (GENERAL)

501 Whittle Ave, Olney, IL 62450-2264

$205,000
Estimated value
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605 Main St
COMMERCIAL (GENERAL)

605 Main St, Olney, IL 62450-2163

$350,000
Estimated value
View details
948  St
COMMERCIAL (GENERAL)

948 St, Olney, IL 62450-1319

$325,000
Estimated value
View details
112 Whittle Ave
COMMERCIAL (GENERAL)

112 Whittle Ave, Olney, IL 62450-2250

$90,000
Estimated value
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928 Scott St
COMMERCIAL (GENERAL)

928 Scott St, Olney, IL 62450-2576

$365,000
Estimated value
2.98 AC lot
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900 Scott St
COMMERCIAL (GENERAL)

900 Scott St, Olney, IL 62450-2576

$365,000
Estimated value
2.41 AC lot
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200  St
COMMERCIAL (GENERAL)

200 St, Olney, IL 62450-1108

$325,000
Estimated value
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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

$270,000
Estimated value
0.67 AC lot
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901 Saint John St
COMMERCIAL (GENERAL)

901 Saint John St, Olney, IL 62450

$200,000
Estimated value
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510 Lafayette St
COMMERCIAL (GENERAL)

510 Lafayette St, Olney, IL 62450-1374

$275,000
Estimated value
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
View details
908 Main St
COMMERCIAL (GENERAL)

908 Main St, Olney, IL 62450-2622

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

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

Value Estimation by Request
View details
416 Main St
COMMERCIAL (GENERAL)

416 Main St, Olney, IL 62450-2118

$310,000
Estimated value
View details
412 Whittle Ave
COMMERCIAL (GENERAL)

412 Whittle Ave, Olney, IL 62450

Value Estimation by Request
View details
516 Kitchell Ave
COMMERCIAL (GENERAL)

516 Kitchell Ave, Olney, IL 62450

$285,000
Estimated value
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414 York St
COMMERCIAL (GENERAL)

414 York St, Olney, IL 62450-2161

$295,000
Estimated value
View details

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.

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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 $250K

Taxes & Financing

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

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