Commercial Land Parcels in TIF
118 E Main Street Colfax, IL 61728
For Sale
Contact for pricing
LAND - Colfax, IL
Lot Size0.08 Acres
Days on Market53
Property Features for 118 E Main Street
General Information
- Property type
- Land
- Property subtype
- Other
- Zoning
- COMMR
- Standard status
- Active
- APN
- 1703283010
- Lot size
- 0.08 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 75
Listing Agency:
RE/MAX Rising
(309) 340-1000
Listed By:
Chad Allen Lange · License #475175130
(309) 275-9333
Added: Jun 1
Changed: Jun 16
Last Checked: Jul 23 at 11:06AM
MLS# 12657232
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This offering includes four commercial land lots, each available for purchase individually. The parcels are positioned to support a range of commercial development concepts, with the option to select a specific footprint or combine lots for a larger site. Public utilities are available, which can reduce early development hurdles and help streamline project planning.
The properties are located at 118 E Main Street in Colfax, Illinois, in the commercial core of town. The listing notes the lots are situated within a TIF district and surrounded by established businesses and community activity, supporting visibility and day-to-day accessibility for future uses.
Zoned COMMR, these lots can be considered for a variety of commercial and service-oriented development ideas, depending on what is permitted under the applicable zoning and site requirements. With four parcels available, buyers can match the project size to the site footprint, or acquire multiple lots to support a broader development plan. For entrepreneurs, developers, and investors evaluating site selection in the Colfax business district, this configuration offers a straightforward way to pursue a tailored buildout while leveraging TIF district availability as described in the marketing remarks.
The properties are located at 118 E Main Street in Colfax, Illinois, in the commercial core of town. The listing notes the lots are situated within a TIF district and surrounded by established businesses and community activity, supporting visibility and day-to-day accessibility for future uses.
Zoned COMMR, these lots can be considered for a variety of commercial and service-oriented development ideas, depending on what is permitted under the applicable zoning and site requirements. With four parcels available, buyers can match the project size to the site footprint, or acquire multiple lots to support a broader development plan. For entrepreneurs, developers, and investors evaluating site selection in the Colfax business district, this configuration offers a straightforward way to pursue a tailored buildout while leveraging TIF district availability as described in the marketing remarks.
Key Highlights
- Four commercial lots offered individually in Colfax’s business district
- All four parcels have public utilities available
- All four lots are located within a TIF district
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Commercial land
FAQs
What type of property is this?
Commercial land - Four commercial lots are offered individually with utilities available and TIF district eligibility for flexible development planning.
Where is this commercial land located?
The property is located at 118 E Main Street Colfax, 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: Four commercial lots offered individually in Colfax’s business district; All four parcels have public utilities available; All four lots are located within a TIF district
