Listing Agency: National Land Realty, Illinois Show Phone

Listed By: Jeremy Mccoy Show Phone

Added: Mar 12 Changed: Aug 4 Last Checked: Aug 11 at 8:06AM

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MLS# 11672833

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Investment Insights

Based on property information with market context.

This listing offers approximately 27.2 acres of development land in Oreana, Illinois, with flexibility to purchase as little as 1 acre or acquire the entire tract. The property is mostly tillable and includes some wooded areas, supporting a residential planning layout while retaining natural features for lot design. The seller is willing to divide the land, allowing for phased development or smaller projects.

Utilities are noted as being nearby and capable of extension, making the site suitable for residential subdivision development or estate-style homesites. The property is located in the Argenta-Oreana School District, with access to Decatur’s employment, shopping, and services within a short drive.

The site is positioned on East St and offers a rural setting with convenient proximity to city amenities, with development options ranging from smaller parcels to the full acreage.

Key Highlights

• 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

Property Analytics

Property Profile

Current Use

Residential land & home ...

Location Intelligence

Trade Area within ½ mile

52

Businesses Nearby

Explore this area Business Placement

Demographics for 62554, IL

1,559

Population

717

Households

2.2

Avg Household Size

43

Median Age

21%

College-Educated

98%

High-School Grad

18.1 sq mi

ZIP Area

86

Density / Sq Mi

$90,000

Median Household Income

$46,014

Median Earnings

$931

Median Rent

$133,500

Median Home Value

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Residential land & home lot - Approximately 27.2 acres of mostly tillable land with some wooded areas, suitable for phased residential development.

Where is this residential land & home lot located?

The property is located at East St Oreana, IL.

What is the asking price?

The asking price for this property is $816,000.

What are key features of this property?

This property features: 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