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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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Land
Updated: Sep 22
Land

204 Bower Street, Oreana, IL 62554

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Developmental Land For Sale
Developmental Land For Sale

S East St, Oreana, IL 62554

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27.20 AC lot

Acreage available in Argenta-Oreana School District with multiple possibilities.

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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 11 Potential Opportunities for your consideration. Besides 3 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

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3.07 AC lot

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

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

US-51, Forsyth, IL 62535

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4.07 AC lot

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

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Commercial Lots Near 22nd Street
Commercial Lots Near 22nd Street

3500 Larkdale Court, Decatur, IL 62526

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1.65 AC lot

Three commercial lots available individually or as a 1.65-acre parcel.

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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

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

0 East St, Oreana, IL 62554

Estimated value:
No data
27.20 AC lot
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Pr Rd
VACANT COMMERCIAL LAND

Pr Rd, Oreana, IL 62554

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

Oreana, IL 62554

Estimated value:
$260,000
0.48 AC lot
View details

Oreana, IL Land Market Trends and Statistics

Explore 7 land for sale in Oreana, IL, showcased through 3 active listings 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 3
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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