Corner Commercial Land
For Sale
$363,912
50 N 5th Avenue, Canton, IL 61520
Commercial corner lot with frontage on Illinois Route 78 near the Route 78 and Chestnut Street intersection.
Property SizeContact for details
Days on Market33
Property Features for 50 N 5th Avenue
General Information
Standard status
Active
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$3,124
Listing Agency:
Rhoades Real Estate & Land Auc
Listed By:
Jed Rhoades (rhoadesrealtors@gmail.com)
Source:
Curveyrealestate
Added: Jul 20
Changed: Aug 17
Last Checked: Aug 20 at 8:00AM
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 Rhoades Real Estate & Land Auc
Investment Insights
Based on property information with market context.
This commercially zoned corner lot offers approximately 0.92± acres of development land with frontage along Illinois Route 78. The site’s prominent corner positioning provides access from both Route 78 and Chestnut Street, supporting a range of commercial development concepts.
Located just southwest of the intersection of Route 78 and Chestnut Street, the property is positioned for strong day-to-day visibility, with average daily traffic counts of approximately 9,150 vehicles on Route 78 and 1,800 vehicles on Chestnut Street. Nearby businesses include Aldi, Casey’s, Graham Hospital Convenient Care Clinic, and Monical’s Pizza.
The property is well suited to a variety of commercial uses, including a restaurant, retail business, professional office building, or a small multi-tenant commercial development.
Located just southwest of the intersection of Route 78 and Chestnut Street, the property is positioned for strong day-to-day visibility, with average daily traffic counts of approximately 9,150 vehicles on Route 78 and 1,800 vehicles on Chestnut Street. Nearby businesses include Aldi, Casey’s, Graham Hospital Convenient Care Clinic, and Monical’s Pizza.
The property is well suited to a variety of commercial uses, including a restaurant, retail business, professional office building, or a small multi-tenant commercial development.
Key Highlights
- 0.92± acre commercial corner lot with frontage on Illinois Route 78
- Located just southwest of the intersection of Route 78 and Chestnut Street, with access from both roads
- High traffic counts: approx. 9,150 vehicles/day on Route 78 and 1,800 vehicles/day on Chestnut Street
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
734
Businesses Nearby
Explore this area
Business Placement
Demographics for 61520, IL
16,156
Population
7,301
Households
2.2
Avg Household Size
43
Median Age
16%
College-Educated
89%
High-School Grad
152.0 sq mi
ZIP Area
106
Density / Sq Mi
$56,618
Median Household Income
$35,240
Median Earnings
$814
Median Rent
$116,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Commercial corner lot with frontage on Illinois Route 78 near the Route 78 and Chestnut Street intersection.
Where is this commercial land located?
The property is located at 50 N 5th Avenue Canton, IL.
What is the asking price?
The asking price for this property is $363,912.
What are key features of this property?
This property features: 0.92± acre commercial corner lot with frontage on Illinois Route 78; Located just southwest of the intersection of Route 78 and Chestnut Street, with access from both roads; High traffic counts: approx. 9,150 vehicles/day on Route 78 and 1,800 vehicles/day on Chestnut Street
