120 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# 12657235 Listing URL

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Overview

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.

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

-88.615015

Latitude

40.566669

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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.