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Residential Lot in Lacon, IL
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512 2ND Street, Lacon, IL 61540

LAND - Lacon, IL

Property SizeContact for details
Days on Market165

Property Features for 512 2ND Street

General Information

Property type Land
Property subtype Other
Zoning Residential
Subdivision Lacon
Lot features Level, Extra Lot
Middle school Midland
High school Midland
Directions RT 26 INTO LACON TURN ONTO SECOND ST
Standard status Active
APN 04-36-111-004

Taxes and HOA fees

Tax Year 2024
Tax Description E 50 FT LOT 1, W 45 FT LOT 2, W 45 FT LOT 3 & E 50 FT LOT 4 BLK 75 ORG TWN
Tax Annual Amount 379
Legal Description E 50 FT LOT 1, W 45 FT LOT 2, W 45 FT LOT 3 & E 50 FT LOT 4 BLK 75 ORG TWN

Utilities

Utilities Cable Available
Water source Public
Listing Agency: Jim Maloof Realty, Inc.
Listed By: Scarlett Palm · License #471.010509
Added: Feb 26 Changed: Aug 1 Last Checked: Aug 10 at 12:06AM
MLS# PA1264425

Copyright © 2026 RMLS Alliance. 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 is a large, deep residential lot with all city municipalities on site and electricity available. The property is zoned for residential use, making it suitable for building a dream home, a large hobby shed, or a garage. The lot is located in Lacon, Illinois.

Key Highlights

  • Very large, deep lot suitable for building a dream home.
  • All city municipalities on site.
  • Electricity is already on site.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Plumbing Service Real Estate Agency Bakery (Bike/Boat/Book/etc) Store Garden Center Furniture & Home Goods

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

229
Businesses Nearby

Demographics for 61540, IL

2,741
Population
1,298
Households
2.1
Avg Household Size
46
Median Age
19%
College-Educated
94%
High-School Grad
52.7 sq mi
ZIP Area
52
Density / Sq Mi
$74,519
Median Household Income
$40,735
Median Earnings
$803
Median Rent
$154,300
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Land - Large residential lot with utilities in Lacon, Illinois.
Where is this land located?
The property is located at 512 2ND Street Lacon, 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: Very large, deep lot suitable for building a dream home.; All city municipalities on site.; Electricity is already on site.
More about this property
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