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Oreana, IL Land for Sale

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Development Land in Oreana
Updated: Mar 12
Development Land in Oreana

East St, Oreana, IL 62554

$816,000
27.20 AC lot
27.2+/- acres of development land on East Street in Oreana, IL, minutes north of Decatur
Flexible purchase options: buy as little as 1 acre or the entire 27.2‑acre tract
Seller willing to divide for phased development or smaller projects
Land is mostly tillable with some wooded areas for residential lot planning
Utilities are nearby and capable of extension for residential subdivision or homesites
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Developmental Land For Sale
Updated: Aug 28, 2023
Developmental Land For Sale

S East St, Oreana, IL 62554

Contact for pricing
27.20 AC lot
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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 10 Potential Opportunities for your consideration. Besides 2 Active listings in Oreana, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 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.

Lakefront Land Parcel with Subdivision Potential
Lakefront Land Parcel with Subdivision Potential

3940 Graces Ln, Decatur, IL 62521

$499,000
8.10 AC lot

Private lakefront tract offers significant water frontage and the option to create multiple smaller lake tracts.

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Agricultural Land Parcel
Agricultural Land Parcel

565 W Marion Ave, Forsyth, IL 62535

Contact for pricing
3.07 AC lot

For-sale agricultural land parcel at W Marion Ave, suitable for farming or land-holding strategies.

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Heavy Industrial Zoning Land
Heavy Industrial Zoning Land

4469 N Brush College Road, Decatur, IL 62521

Contact for pricing

Triangular industrial lot with existing ingress and egress, plus permitted access options from nearby roadways.

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Development Lot in Forsyth, Illinois
Development Lot in Forsyth, Illinois

US-51, Forsyth, IL 62535

Contact for pricing
4.07 AC lot

4.07-acre development lot with frontage on U.S. Route 51.

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Off-Market Properties in Oreana, IL

Consider similar Off-Market properties in Oreana, 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.

Oreana, IL 62554
VACANT COMMERCIAL LAND

Oreana, IL 62554

$255,000
Estimated value
0.24 AC lot
View details
East St
Agricultural land / Farmland

0 East St, Oreana, IL 62554

Value Estimation by Request
27.20 AC lot
View details
Pr Rd
VACANT COMMERCIAL LAND

Pr Rd, Oreana, IL 62554

$260,000
Estimated value
0.06 AC lot
View details
Oreana, IL 62554
VACANT COMMERCIAL LAND

Oreana, IL 62554

$260,000
Estimated value
0.48 AC lot
View details

Oreana, IL Land Market Trends and Statistics

Explore 6 land for sale in Oreana, IL on our real estate platform. These investment opportunities span a total of 2,369,664 square feet of properties for sale, with an estimated market value of $816,000.

Sale prices for lots in Oreana, IL average $816,000 — 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

Residential land & home lots 2
Agricultural land / Farmland 1

Demographics Overview

Population 1,738
Population Growth (5Y) +32.6%
Median Household Income $90,000
College Educated 24.9%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
62554 $816K

Taxes & Financing

Average Loan-to-Value 65.0%

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