118 E Main Street, Colfax, IL 61728

Listing agent Chad Allen Lange License #475175130 Show Phone

Listing office RE/MAX Rising J***@remaxrising.com 1015 Ekstam Drive Suite 2, Bloomington, IL Show Phone

Listing date Jun 1, 2026

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MLS# 12657232 Listing URL

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Overview

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.

Suggested Use

Spa & Massage Center Hair Salon Nail Salon Big Box & Wholesale Store Bar & Pub Kitchen & Bath Showroom Cafe & Coffee Shop Storage Facility Auto Repair Shop (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Colfax

County

McLean

State

Illinois

Longitude

-88.615105

Latitude

40.56667

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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