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Commercial Land with Utilities
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120 E Main Street, Colfax, IL 61728

Land, Colfax, IL

Property SizeContact for details
Lot Size0.08 Acres
Days on Market106

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
Listed By: Chad Allen Lange · License #475175130
Added: Jun 1 Changed: Sep 13 Last Checked: Sep 14 at 1:06AM
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.

This commercial land offering includes four parcels available separately, giving buyers the ability to select one site or combine multiple lots for a larger development area. The property is zoned COMMR, measures 0.08 acres, and has public utilities available. Potential commercial applications identified for the parcels include retail, office, mixed-use, and service-oriented development.

Located at 120 E Main Street in Colfax, the property sits in the town center near established businesses and community activity. All four parcels are within a TIF district, providing access to a designated redevelopment framework. The offering supports both individual-lot acquisition and a larger assembled commercial site.

Key Highlights

  • 0.08‑acre commercial land parcel
  • Four lots available individually
  • Public utilities are available

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Auto Repair Shop Storage Facility Bakery Furniture & Home Goods Garden Center (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

93
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - Four commercial parcels offer flexible acquisition options in Colfax’s central business area.
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: 0.08‑acre commercial land parcel; Four lots available individually; Public utilities are available
More about this property
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