Corner Multi-Family Development
For Sale
$40,000
710 West Richland Avenue, Effingham, IL 62401
Corner lot zoned for multi-family dwellings, sized at 86x124, available for development.
Property Size10,454 SF
Lot Size0.24 Acres
Price / SF$3.83
Days on Market500
Property Features for 710 West Richland Avenue
General Information
Standard status
Active
Size
10,454 SF
Lot size
0.24 Acres
Property subtype
Land / Multi Family
Zoning
PMR-1
Taxes and HOA fees
Annual Taxes
$750
Listing Agency:
THATS A WRAP REALTY
(618) 267-3052
Listed By:
Rhea Huddlestun · License #475203615
(618) 267-3052
Source:
Compass
Added: Mar 30, 2025
Changed: Aug 8
Last Checked: Jul 20 at 11:56AM
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 THATS A WRAP REALTY
Investment Insights
Based on property information with market context.
This corner building lot is available for sale and is zoned for multi-family dwellings. The property is described as approximately 0.24 acres with dimensions of 86 by 124.
Located at 710 West Richland Avenue in Effingham, IL, the listing notes the lot is just steps from Fayette Avenue.
The configuration and zoning support development of a multi-family use on this corner parcel.
Located at 710 West Richland Avenue in Effingham, IL, the listing notes the lot is just steps from Fayette Avenue.
The configuration and zoning support development of a multi-family use on this corner parcel.
Key Highlights
- 0.24‑acre corner lot available for development
- Zoned for multi‑family dwellings
- Lot dimensions are 86 ft x 124 ft
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
941
Businesses Nearby
Explore this area
Business Placement
Demographics for 62401, IL
19,408
Population
8,688
Households
2.2
Avg Household Size
42
Median Age
29%
College-Educated
94%
High-School Grad
103.9 sq mi
ZIP Area
187
Density / Sq Mi
$76,098
Median Household Income
$43,051
Median Earnings
$722
Median Rent
$195,800
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential land & home lot - Corner lot zoned for multi-family dwellings, sized at 86x124, available for development.
Where is this residential land & home lot located?
The property is located at 710 West Richland Avenue Effingham, IL.
What is the asking price?
The asking price for this property is $40,000.
What are key features of this property?
This property features: 0.24‑acre corner lot available for development; Zoned for multi‑family dwellings; Lot dimensions are 86 ft x 124 ft
