Four Commercial Development
118 East Main Street Colfax, IL 61728
For Sale
Contact for pricing
Four separately offered commercial parcels with public utilities available and located within a TIF district for development flexibility.
Days on Market101
Property Features for 118 East Main Street
General Information
- Standard status
- Active
- Property subtype
- Land
Listing Agency:
RE/MAX Rising
(217) 714-1171
Listed By:
Chad Allen Lange · License #475175130
(217) 714-1171
Source:
Compass
Added: Apr 14
Changed: Jul 10
Last Checked: Jul 23 at 9:46AM
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 Rising
Investment Insights
Based on property information with market context.
The offering consists of four commercial lots, each available individually so buyers can select the footprint that fits their plans. Offered as separate parcels or in combination, the site provides flexibility for a wide range of commercial development concepts. Public utilities are available for the lots, reducing one of the major upfront steps in moving from planning to construction.
The properties are positioned in the heart of Colfax’s business district, surrounded by established businesses and community activity. The seller describes the parcels as highly visible and notes steady traffic in the area, which can support commercial storefront and service-oriented uses.
For tenants, developers, and buyers seeking to control their development scope, the ability to purchase one lot or assemble multiple parcels can help match site size to programming needs. With all four lots located within a TIF district, buyers may be eligible for developer incentives and redevelopment assistance related to the district, subject to applicable requirements. Whether you plan a single build or a larger multi-lot project, these parcels offer a practical platform for new commercial construction in a centralized setting.
The properties are positioned in the heart of Colfax’s business district, surrounded by established businesses and community activity. The seller describes the parcels as highly visible and notes steady traffic in the area, which can support commercial storefront and service-oriented uses.
For tenants, developers, and buyers seeking to control their development scope, the ability to purchase one lot or assemble multiple parcels can help match site size to programming needs. With all four lots located within a TIF district, buyers may be eligible for developer incentives and redevelopment assistance related to the district, subject to applicable requirements. Whether you plan a single build or a larger multi-lot project, these parcels offer a practical platform for new commercial construction in a centralized setting.
Key Highlights
- Four separately offered commercial lots in Colfax’s business district
- Public utilities are available for all parcels
- All four lots are 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 separately offered commercial parcels with public utilities available and located within a TIF district for development flexibility.
Where is this commercial land located?
The property is located at 118 East 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 separately offered commercial lots in Colfax’s business district; Public utilities are available for all parcels; All four lots are within a TIF district
