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    Colfax, IL
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    Colfax, IL Land for Sale

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    Anchor, IL Ellsworth, IL Lexington, IL Saybrook, IL Chenoa, IL Arrowsmith, IL Fairbury, IL Gibson City, IL
    Commercial Land with Utilities
    Updated: Jun 1
    Commercial Land with Utilities

    120 E Main Street, Colfax, IL 61728

    Contact for pricing
    0.08 AC lot
    0.08‑acre commercial land parcel
    Four lots available individually
    Public utilities are available
    Located within a TIF district
    Zoned COMMR
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    Commercial Land in Business District
    Updated: Jun 1
    Commercial Land in Business District

    118 E Main Street, Colfax, IL 61728

    Contact for pricing
    0.08 AC lot
    0.08‑acre commercial land parcel
    COMMR zoning
    Public utilities available
    One of four commercial lots offered individually
    Multiple parcels may be acquired for a larger development site
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    Two-Lot Commercial Land
    Two-Lot Commercial Land

    BLOCK 10 Lots 7 & 8, Colfax, IL 61728

    $35,000
    0.30 AC lot

    Commercial land in the COMMR district with city utilities available for future development.

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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Downtown Commercial Land
    Downtown Commercial Land

    118 E Main St, Colfax, IL 61728

    Contact for pricing

    Four individually available parcels with public utilities and TIF district eligibility in central Colfax.

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    Commercial Land Parcels
    Commercial Land Parcels

    120 E Main St, Colfax, IL 61728

    Contact for pricing

    Four commercial parcels are offered separately with public utilities available and placement within a TIF district.

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    Based on your search, we've compiled 21 Potential Opportunities for your consideration. Besides 5 Active listings in Colfax, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 12 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.

    Central Illinois Farmland Tract
    Central Illinois Farmland Tract

    E 1300 North Rd Tract 4, Ellsworth, IL 61737

    $330,000
    23.02 AC lot

    The tract’s 2027 season offers flexibility to continue farming independently or establish a new tenant arrangement.

    View details
    Tillable Farmland Tract
    Tillable Farmland Tract

    E 1300 North Rd, Tract 5, Ellsworth, IL 61737

    $345,000
    25.92 AC lot

    Tillable acreage with a 133 Productivity Index is available for the 2027 season.

    View details
    Residential Land in Lexington, IL
    Residential Land in Lexington, IL

    202 E Angela Circle lot: 37, Lexington, IL 61753

    $88,000

    Corner lot in Century Oaks Subdivision, Lexington, IL.

    View details
    Residential Land in Century Oaks
    Residential Land in Century Oaks

    201 W Angela Circle lot: 38, Lexington, IL 61753

    $88,000

    Corner lot with city utilities, convenient location in Lexington, IL.

    View details

    Off-Market Properties in Colfax, IL

    Consider similar Off-Market properties in Colfax, 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.

    Colfax, IL 61728
    VACANT COMMERCIAL LAND

    Colfax, IL 61728

    Estimated value:
    $150,000
    View details
    Colfax, IL 61728
    VACANT COMMERCIAL LAND

    Colfax, IL 61728

    Estimated value:
    $100,000
    View details
    116 Main St
    VACANT COMMERCIAL LAND

    116 Main St, Colfax, IL 61728-9265

    Estimated value:
    $255,000
    0.21 AC lot
    View details
    105 Main St
    VACANT COMMERCIAL LAND

    105 Main St, Colfax, IL 61728

    Estimated value: by Request
    View details

    Colfax, IL Land Market Trends and Statistics

    Explore 17 land for sale in Colfax, IL, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 20,038 square feet of properties for sale, with an estimated market value of $35,000.

    Sale prices for lots in Colfax, IL average $35,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Commercial land 5

    Demographics Overview

    Population 1,316
    Population Growth (5Y) +0.4%
    Median Household Income $93,654
    College Educated 33.3%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    61728 $7K

    Taxes & Financing

    Tax Rate (average for all types) 9.23%
    Property Tax per SF $27.36 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in McLean County

    New Delisted

    How Realmo verifies these figures

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