Four Commercial Lots in TIF
For Sale
Contact for pricing
120 E Main Street, Colfax, IL 61728
Land, Colfax, IL
Property SizeContact for details
Lot Size0.08 Acres
Days on Market83
Property Features for 120 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
Lots sit between the city pavilion on Main Street and the Peppered Pig
Subdivision
Colfax
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 · 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 6:06PM
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.
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
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 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 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.
