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Downtown Commercial Land
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118 E Main St, Colfax, IL 61728

Four individually available parcels with public utilities and TIF district eligibility in central Colfax.

Property SizeContact for details
Days on Market10

Property Features for 118 E Main St

General Information

Standard status Active
Property subtype Land
Listing Agency: RE/MAX Realty Associates-Cha
Listed By: Craig Buchanan Team
Source: Craigbuchananteam
Added: Sep 15 Changed: Sep 24 Last Checked: Sep 24 at 9:35AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Realty Associates-Cha

Investment Insights

Based on property information with market context.

This commercial land offering comprises four parcels available separately, giving buyers flexibility to select one lot or assemble multiple parcels for a larger development site. Public utilities are available, supporting future construction planning. The property is positioned for commercial development, including retail, office, mixed-use, or service-oriented projects expressly identified for the site.

Located at 118 E Main St in Colfax, the parcels sit in the center of town among established businesses and ongoing community activity. All four lots are within a TIF district, providing access to a designated redevelopment framework that may support developer incentives or assistance. Buyers can pursue an individual parcel or combine lots to create a broader commercial footprint.

Key Highlights

  • Four commercial parcels offered individually
  • Public utilities are available to the property
  • All four parcels are within a TIF district

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Auto Repair Shop Storage Facility Bakery Furniture & Home Goods Garden Center (Bike/Boat/Book/etc) Store

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

93
Businesses Nearby

Demographics for 61728, IL

1,381
Population
531
Households
2.6
Avg Household Size
41
Median Age
29%
College-Educated
98%
High-School Grad
69.4 sq mi
ZIP Area
20
Density / Sq Mi
$93,654
Median Household Income
$52,350
Median Earnings
$799
Median Rent
$152,200
Median Home Value
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Frequently Asked Questions

What type of property is this?
Commercial land - Four individually available parcels with public utilities and TIF district eligibility in central Colfax.
Where is this commercial land located?
The property is located at 118 E Main St Colfax, IL.
What are key features of this property?
This property features: Four commercial parcels offered individually; Public utilities are available to the property; All four parcels are within a TIF district
More about this property
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