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Commercial Land in Business District
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118 E Main Street, Colfax, IL 61728

Land, Colfax, IL

Property SizeContact for details
Lot Size0.08 Acres
Days on Market106

Property Features for 118 E Main Street

General Information

Property type Land
Property subtype Other
Zoning COMMR
Elementary school Ridgeview Elementary School
Middle school Ridgeview Jr High School
High school Ridgeview High School
Elementary school district 19
Middle school district 19
High school district 19
Directions Main St passed the pavilion. Lots sit between the Peppered Pig and the city pavilion.
Subdivision Colfax
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 · RE/MAX International
Listed By: Chad Allen Lange · License #475175130
Added: Jun 1 Changed: Sep 13 Last Checked: Sep 14 at 12:06AM
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 0.08-acre commercial land parcel is offered individually as one of four available lots. The property carries COMMR zoning, and all public utilities are available to support future development. Buyers may also pursue multiple parcels or acquire all four to assemble a larger site.

Located at 118 E Main Street in Colfax, Illinois, the parcel sits in the town center within an established business district. Surrounding businesses, community activity, and steady traffic provide an active commercial setting. The property is within a TIF district, with potential developer incentives and redevelopment assistance identified for the parcels.

Key Highlights

  • 0.08‑acre commercial land parcel
  • COMMR zoning
  • Public utilities available

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - Small commercial parcel with public utilities available and COMMR zoning in a central business setting.
Where is this commercial land located?
The property is located at 118 E Main Street Colfax, IL.
What are key features of this property?
This property features: 0.08‑acre commercial land parcel; COMMR zoning; Public utilities available
More about this property
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