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Effingham, IL Land for Lease

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Shelbyville, IL
Prime Development Land For Sale
Updated: Nov 25, 2025
Prime Development Land For Sale

S Banker St, Effingham, IL

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91 Acres of Development Land Zoned M‑1 Light Industrial/B‑2 Commercial with Negotiable Lot Sizes (1.95 AC - 71.3 AC).
Located in an Enterprise Zone with Potential for Rail Access via a 1206' Property Border on CN Class 1 Rail Line.
Excellent Location along S. Banker St. (12,200 VPD), near John Boos Facility and across from Expanding Effingham Airport.
Robust Utility Infrastructure: 12" Water & Sewer Line, 69kV & 12kV Lines, & 300psi MAOP Gas Service Line.
Low Industrial Vacancy (3.9% with 1.1% Availability) in an Area with Over 6 Million SF Developed by Major Companies (ADM, Pepsico, Sherwin Williams, etc.).
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Retail Redevelopment Opportunity Available
Updated: Nov 24, 2025
Retail Redevelopment Opportunity Available

1306 Thelma Keller Ave, Effingham, IL

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10,240 sqft
Located in front of Walmart Supercenter
Redevelopment opportunity
10,240 +/- SF available
Available for sale
Available for lease
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Prime Commercial Outlot Opportunity
Prime Commercial Outlot Opportunity

201 Walk Ave, Effingham, IL 62401

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Available 2-acre outlot near Rural King and major routes.

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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 3 Active listings in Effingham, IL, we suggest exploring alternatives. Consider Similar 4 Spaces in Nearby Cities, and Similar 2 Properties for Sales.

Land for Lease in Nearby Cities

Here are 4 Similar Spaces we found in Nearby Locations for your consideration.

Prime Corner Location For Sale
Prime Corner Location For Sale

450 N Main St, Decatur, IL

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Corner lot suitable for development in downtown Decatur.

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Land for Retail, Restaurant, Hotel
Land for Retail, Restaurant, Hotel

1017 Remington Rd, Mattoon, IL

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Land available for retail, restaurant, and hotel development.

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Commercial Land Ready For Lease
Commercial Land Ready For Lease

Interstate 57 and Charleston Ave East, Mattoon, IL

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Commercial land available for lease near Interstate 57.

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Decatur Land For Lease
Decatur Land For Lease

3885 E L & A Industrial Dr, Decatur, IL

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Land available for lease in Decatur, Illinois.

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Similar Spaces for Sale in Effingham, IL

Consider Similar Space for Sale. We found 2 Spaces matching your search parameters.

Wooded Hunting Land Tract
Wooded Hunting Land Tract

12990 N Country Club RD, Effingham, IL 62401

$245,000
31.13 AC lot

31.13 acres of wooded and brush-covered ground between the Little Wabash River and Country Club area for outdoor use.

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Commercial Outlot Near Rural King
Commercial Outlot Near Rural King

201 Walk Ave, Effingham, IL 62401

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2.00 AC lot

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

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Effingham, IL Land Market Trends and Statistics

Explore Land leasing options in Effingham, IL with 3 listings featured on our commercial real estate exchange. The current inventory includes 10,240 square feet of properties with an estimated lease value of $0.00 SF/Yr.

Estimated lease rates for Land in Effingham, IL begin at $0.00 SF/Yr, with an average of $0.00 SF/Yr and extend to $0.00 SF/Yr.
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