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Land Parcel with On-Site Shed
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406 E Fayette Avenue, Patoka, IL 62875

LAND - Patoka, IL

Lot Size0.27 Acres
Days on Market79

Property Features for 406 E Fayette Avenue

General Information

Property type Land
Property subtype Other
Zoning Residential
Subdivision Gaultneys Add
Lot features Level
Elementary school PATOKA DIST 100
Middle school PATOKA DIST 100
High school Patoka
Elementary school district PATOKA DIST 100
Middle school district PATOKA DIST 100
High school district PATOKA DIST 100
Standard status Active
APN 0128405014
Lot size 0.27 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 333
Listing Agency: Kues Bros. Realty, Ltd.
Listed By: Kaleb Kues · License #475.205549
Added: May 14 Changed: Jul 21 Last Checked: Jul 31 at 5:06AM
MLS# 26029978

Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This residential-zoned land parcel offers a usable outdoor area of approximately 0.27 acres, with a shed already on site. The property is suited for storage or other light outdoor use, with room to consider future development plans.

Located at 406 E Fayette Avenue in Patoka, IL, the lot provides convenient access to local amenities within the Marion County area.

If you’re looking for a small parcel with an existing shed to support immediate storage needs while you evaluate next steps, this property is worth a closer look.

Key Highlights

  • .27‑acre lot in the heart of Patoka
  • Includes a shed on site
  • Shed and lot provide space for storage, recreation, or future development

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Storage Facility Grocery & Convenience Store Restaurant Travel Agency Bar & Pub

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

37
Businesses Nearby
Well-served
Demand for This Use

Demographics for 62875, IL

1,154
Population
480
Households
2.4
Avg Household Size
44
Median Age
15%
College-Educated
94%
High-School Grad
71.7 sq mi
ZIP Area
16
Density / Sq Mi
$70,625
Median Household Income
$38,929
Median Earnings
$872
Median Rent
$103,300
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Residential-zoned lot featuring a shed, offering outdoor space for storage or future development in Patoka.
Where is this flex space located?
The property is located at 406 E Fayette Avenue Patoka, IL.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: .27‑acre lot in the heart of Patoka; Includes a shed on site; Shed and lot provide space for storage, recreation, or future development
More about this property
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