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Patoka, IL

Patoka, IL Commercial Real Estate for Sale

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Vernon, IL Carlyle, IL Alma, IL Keyesport, IL Sandoval, IL Salem, IL Centralia, IL Vandalia, IL

Land Parcel with On-Site Shed

Updated: May 14

Land Parcel with On-Site Shed

406 E Fayette Avenue, Patoka, IL 62875

Contact for pricing

0.27 AC lot

.27‑acre lot in the heart of Patoka
Includes a shed on site
Shed and lot provide space for storage, recreation, or future development

Agricultural Land with Timber

Updated: Nov 17, 2025

Agricultural Land with Timber

000 Gerrish Rd, Patoka, IL 62875

$350,000

66 acres of tillable land with the balance in timber
A‑Agriculture zoning and located within the Marion County zoning jurisdiction
Farming rights available for the 2026 planting season
Live auction on 11/25/2024 at 6:30 p.m. at Patoka American Legion
Property is sold AS‑IS, WHERE‑IS under auction terms; seller will not make repairs

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

Based on your search, we've compiled 53 Potential Opportunities for your consideration. Besides 2 Active listings in Patoka, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 47 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.

Turnkey Restaurant with Slot Machines

Turnkey Restaurant with Slot Machines

2053 W Main Street, Salem, IL 62881

$989,000

0.67 AC lot

Brick restaurant with central air, electric heat, ramp access, and slot machines on a high-traffic State Highway 50 site.

Conventional Restaurant with Central Air

Conventional Restaurant with Central Air

2053 W Main Street, Salem, IL 62881

$989,000

Commercial kitchen includes gas cooking equipment, stainless steel appliances, refrigeration, and exhaust ventilation.

Agricultural Land with Woods

Agricultural Land with Woods

Louse Creek Road, Carlyle, IL 62231

$150,000

13.73 AC lot

13.73 acres zoned agricultural with tillable ground, wooded acreage, and substantial road frontage.

Land at Interstate Crossroads

Land at Interstate Crossroads

Mount Vernon Pointe, Mt., Vernon, IL

Contact for pricing

8.16 AC lot

Commercial land at the crossroads of Interstates 57 and 64.

Off-Market Properties in Patoka, IL

Consider similar Off-Market properties in Patoka, 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.

Railroad St

COMMERCIAL (GENERAL)

Railroad St, Patoka, IL 62875

Value Estimation by Request

Fayette Ave

COMMERCIAL (GENERAL)

Fayette Ave, Patoka, IL 62875

Value Estimation by Request

Us 51

COMMERCIAL (GENERAL)

Us 51, Patoka, IL 62875

$260,000

Estimated value

0.23 AC lot

Fayette Ave

COMMERCIAL (GENERAL)

Fayette Ave, Patoka, IL 62875

Value Estimation by Request

1016 Gerrish Rd

COMMERCIAL (GENERAL)

1016 Gerrish Rd, Patoka, IL 62875

$260,000

Estimated value

3.50 AC lot

1215 Oak St

COMMERCIAL (GENERAL)

1215 Oak St, Patoka, IL 62875-1141

$95,000

Estimated value

2.37 AC lot

Us 51

COMMERCIAL (GENERAL)

Us 51, Patoka, IL 62875

$1,440,000

Estimated value

1.71 AC lot

403 Clinton Ave

COMMERCIAL (GENERAL)

403 Clinton Ave, Patoka, IL 62875-1152

$75,000

Estimated value

0.72 AC lot

102 Clinton Ave

COMMERCIAL (GENERAL)

102 Clinton Ave, Patoka, IL 62875-1144

Value Estimation by Request

8204 Us Hwy 51

COMMERCIAL (GENERAL)

8204 Us Hwy 51, Patoka, IL 62875-1260

$255,000

Estimated value

3.66 AC lot

2189 Kinoka Rd

COMMERCIAL (GENERAL)

2189 Kinoka Rd, Patoka, IL 62875-1321

$250,000

Estimated value

160.00 AC lot

212 Oak St

COMMERCIAL (GENERAL)

212 Oak St, Patoka, IL 62875

Value Estimation by Request

410 Clinton Ave

COMMERCIAL (GENERAL)

410 Clinton Ave, Patoka, IL 62875-1147

$260,000

Estimated value

1.34 AC lot

405 Washington St

COMMERCIAL (GENERAL)

405 Washington St, Patoka, IL 62875-2119

$250,000

Estimated value

4.31 AC lot

Us Hwy 51

COMMERCIAL (GENERAL)

Us Hwy 51, Patoka, IL 62875

$255,000

Estimated value

0.02 AC lot

Us Hwy 51

COMMERCIAL (GENERAL)

Us Hwy 51, Patoka, IL 62875

$255,000

Estimated value

0.02 AC lot

109 Railroad St

COMMERCIAL (GENERAL)

109 Railroad St, Patoka, IL 62875

$60,000

Estimated value

Railroad St

COMMERCIAL (GENERAL)

Railroad St, Patoka, IL 62875

Value Estimation by Request

408 Railroad St

COMMERCIAL (GENERAL)

408 Railroad St, Patoka, IL 62875

$265,000

Estimated value

2.27 AC lot

105 Railroad St

COMMERCIAL (GENERAL)

105 Railroad St, Patoka, IL 62875-1077

$220,000

Estimated value

100 Railroad St

COMMERCIAL (GENERAL)

100 Railroad St, Patoka, IL 62875

Value Estimation by Request

Railroad St

COMMERCIAL (GENERAL)

Railroad St, Patoka, IL 62875

$310,000

Estimated value

1.70 AC lot

Patoka, IL Commercial Real Estate Market Trends and Statistics

Explore 49 commercial real estate for sale in Patoka, IL on our real estate platform.

Sale prices for business properties in Patoka, IL average $350,000 — 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 1,091

Population Growth (5Y) -12.9%

Median Household Income $70,625

College Educated 21.4%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
62875	$175K

Taxes & Financing

Tax Rate (average for all types) 7.12%

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Marion County

New Delisted

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