Commercial Land Parcels in TIF
For Sale
Contact for pricing
118 E Main Street, Colfax, IL 61728
Land, Colfax, IL
Property SizeContact for details
Lot Size0.08 Acres
Days on Market83
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
(309) 340-1000
Listed By:
Chad Allen Lange · License #475175130
(309) 275-9333
Added: Jun 1
Changed: Aug 20
Last Checked: Aug 22 at 5:06PM
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
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
93
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
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 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
