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Patoka, IL Land for Sale

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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
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Patoka, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

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.

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Carlyle Land for Dream Home
Carlyle Land for Dream Home

19580 Hillcrest DR, Carlyle, IL 62231

$35,000
0.87 AC lot

Two adjacent lots totaling 0.87 acres, ideal for building.

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Residential Home Lot
Residential Home Lot

00 Newport Dr, Salem, IL 62881

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For sale residential home lot on Newport Dr in Salem, Illinois.

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Residential Land Lot
Residential Land Lot

3200 Legg Ln, Salem, IL 62881

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For-sale residential lot located at 3200 Legg Ln in Salem, Illinois.

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Patoka, IL Land Market Trends and Statistics

Explore 1 land for sale in Patoka, IL on our real estate platform.

Sale prices for lots 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Agricultural land / Farmland 1

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 $350K

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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