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120 E Main Street, Colfax, IL, 61728
Four Commercial Lots in TIF District

120 E Main Street Colfax, IL 61728

For Sale
Contact for pricing

LAND - Colfax, IL

Lot Size0.08 Acres
Days on Market53

Property Features for 120 E Main Street

General Information

Property type
Land
Property subtype
Other
Zoning
COMMR
Standard status
Active
APN
1703283011
Lot size
0.08 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
75
Listing Agency: RE/MAX Rising
Listed By: Chad Allen Lange · License #475175130
Added: Jun 1 Changed: Jun 16 Last Checked: Jul 23 at 1:06PM
MLS# 12657235

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.

Offered for sale are four commercial lots that can be purchased individually, allowing each buyer to select a footprint that matches their plan. Each parcel is located within a TIF district, and all public utilities are listed as available, which helps streamline early development planning. The property is zoned COMMR.

The lots are situated at 120 E Main Street in Colfax, Illinois (61728) in McLean County. The listing describes the site as being in the center of town and surrounded by established businesses and community activity, with steady traffic.

This configuration supports a range of commercial development approaches, including purchasing a single lot to build one project or combining parcels to create a larger development site. The listing highlights possibilities such as retail, office, mixed-use, and service businesses, as well as other commercial ventures, making the site well-suited for buyers looking for flexibility across multiple parcels.

Key Highlights

  • Four commercial lots offered individually in Colfax’s business district.
  • All public utilities are available for each parcel.
  • All four parcels are within a TIF district.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Auto Repair Shop Storage Facility (Bike/Boat/Book/etc) Store Furniture & Home Goods Bakery Garden Center Hair Salon Big Box & Wholesale Store Kitchen & Bath Showroom Building Supply

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

FAQs

What type of property is this?
Commercial land - Four individually offered commercial parcels with utilities available for flexible development in a TIF district.
Where is this commercial land located?
The property is located at 120 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 public utilities are available for each parcel.; All four parcels are within a TIF district.
More about this property
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