Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    940 Clinton Ave Farmer City, IL 61842

    For Sale
    $149,900

    Land - Farmer City, IL

    Lot size:
    1.75 Acres
    Days on Market:
    97
    Last Refresh:
    Dec 13 at 10:06 pm

    Property Features for 940 Clinton Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    COMMR
    APN
    0527303003
    Lot size
    1.75 Acres

    Building Details

    Architectural style
    Other

    eXp Realty, LLC (888) 574-9405 [email protected]

    Listing agent Nate Evans (217) 239-7113 License #475124281

    Listing date Sep 8, 2025

    MLS# 12308370 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Land Ready for Development

    This vacant commercial land offers 1.75 acres ready for development. The property currently generates an annual income of $8,100 from a billboard agreement and parking agreement. It features 292 feet of highway frontage and is located less than one half mile from the interstate. Nearby businesses include a Days Inn, Casey's Gas Station, Hucks Gas Station with semi access, and a Dollar General. Situated as the second lot off a primary intersection of Highway 54 and US Highway 150, this location is suitable for various ventures, including a strip mall, flex space, gas station, storage facility, restaurant, or slots.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Hair Salon Auto Repair Shop Clothing Store Nail Salon Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Farmer City
    County
    De Witt
    State
    Illinois
    Longitude
    -88.65267
    Latitude
    40.23707

    Nearby Similar for Sale

    • $179,900
      1,725 SF

      Restaurant Opportunity in Farmer City

      Restaurant or retail opportunity with seating, kitchen, and parking.
      401 W Clinton Ave, Farmer City, IL 61842
      View Details
    • $115,000

      Turn-Key Duplex Investment Opportunity

      Well-maintained duplex with rental history and separately metered utilities.
      101 W Richardson St, Farmer City, IL 61842
      View Details

    FAQs

    What type of property is this?
    Commercial land - 1.75 acres of commercial land near interstate with highway frontage.
    Where is this commercial land located?
    The property is located at 940 Clinton Ave Farmer City, IL.
    What is the asking price?
    The asking price for this property is $149,900.
    What are key features of this property?
    This property features: - 1. 75 acres ready for development with **292' of highway frontage**.; - Currently generating $8100/annual income from existing agreements.; - Located less than one half mile from the interstate.
    (217) 239-7113
    Request Owner's contact information
    940 Clinton Ave Farmer City, IL 61842
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    940 Clinton Ave
    Farmer City, IL 61842
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    940 Clinton Ave Farmer City, IL 61842
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.