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Commercial Land for Development
For Sale
$50,000

1309 SOUTH MAIN STREET, Monmouth, IL 61462

Former oil station site with contamination removed, but no water or sewer and not construction ready.

Property SizeContact for details
Days on Market135

Property Features for 1309 SOUTH MAIN STREET

General Information

Standard status Active
Property subtype Vacant Land

Amenities

Lot Size Acres: 0.56, One Lot
Total Taxes: $381, Tax Year: 2025, Percentage of Tax that is Deductable: 0
Sale, Sale Type: Foreclosure
Property Zone Type: 200

Building Details

Year Built 1943
Listing Agency: Maple City Realty, LP
Listed By: Janet Cook
Source: Doyle-realty
Added: Apr 10 Changed: Aug 22 Last Checked: Aug 22 at 4:48AM

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 Maple City Realty, LP

Investment Insights

Based on property information with market context.

The property is a commercial land parcel that was formerly the site of the Adams Oil Station, built in 1943. According to the available information, the tanks and contaminated soil have been removed, and an EPA corrective action completion report was filed in 2015. The site is currently not construction ready.

At this time, there is no water or sewer on the lot. The property is located in an Enterprise Zone, which may apply to permitting in the form of waived permit fees; however, inspection and tap fees would apply prior to permitting under the plan review process.

For developers or investors considering new construction, this parcel presents an option with historical environmental remediation documentation already noted in the file. Due diligence will still be important given that the site is not construction ready and utilities are not currently available on the property.

Key Highlights

  • Former Adams Oil Station site (built 1943)
  • Tanks and contaminated soil have been removed; EPA corrective action completion report filed in 2015
  • No water or sewer on the lot and the property is not construction ready

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Parking Lot & Garage Auto Parts Store Grocery & Convenience 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

312
Businesses Nearby

Demographics for 61462, IL

10,980
Population
4,800
Households
2.3
Avg Household Size
38
Median Age
21%
College-Educated
83%
High-School Grad
142.2 sq mi
ZIP Area
77
Density / Sq Mi
$62,190
Median Household Income
$33,346
Median Earnings
$657
Median Rent
$100,900
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Former oil station site with contamination removed, but no water or sewer and not construction ready.
Where is this commercial land located?
The property is located at 1309 SOUTH MAIN STREET Monmouth, IL.
What is the asking price?
The asking price for this property is $50,000.
What are key features of this property?
This property features: Former Adams Oil Station site (built 1943); Tanks and contaminated soil have been removed; EPA corrective action completion report filed in 2015; No water or sewer on the lot and the property is not construction ready
More about this property
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