Commercial Development Land
For Sale
$149,900
940 W Clinton Ave, Farmer City, IL 61842
Vacant 1.75-acre parcel offers highway frontage and existing billboard and parking income.
Property SizeContact for details
Lot Size1.75 Acres
Days on Market130
Property Features for 940 W Clinton Ave
General Information
Standard status
Active
Lot size
1.75 Acres
Property subtype
Land
Site & Location
Highway Access
Yes
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$1,230
Listing Agency:
Nate Evans Group
Listed By:
Nate Evans · License #475124281
(217) 239-7113
Source:
Exprealty
Added: Apr 28
Changed: Sep 4
Last Checked: Sep 4 at 2:05PM
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 Nate Evans Group
Investment Insights
Based on property information with market context.
This vacant commercial land parcel is ready for development and totals 1.75 acres. The property is currently generating income through a billboard agreement and a parking agreement, with noted annual income of $8,100.
The site features approximately 292 feet of highway frontage and is located less than one half mile from the interstate. Nearby businesses listed include a Days Inn, Casey’s Gas Station, Hucks Gas Station (with access for semis), and a Dollar General. The parcel is described as the second lot off a primary intersection where Highway 54 and US Highway 150 intersect.
With frontage and an existing income component, this property may be suitable for a range of development concepts as reflected in the seller’s indicated possibilities, including strip mall, flex space, gas station, storage, restaurant, or slots.
The site features approximately 292 feet of highway frontage and is located less than one half mile from the interstate. Nearby businesses listed include a Days Inn, Casey’s Gas Station, Hucks Gas Station (with access for semis), and a Dollar General. The parcel is described as the second lot off a primary intersection where Highway 54 and US Highway 150 intersect.
With frontage and an existing income component, this property may be suitable for a range of development concepts as reflected in the seller’s indicated possibilities, including strip mall, flex space, gas station, storage, restaurant, or slots.
Key Highlights
- 1.75‑acre vacant commercial parcel ready for development
- Generates income via a billboard agreement and parking agreement ($8,100 annually)
- 292' of highway frontage
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
113
Businesses Nearby
Explore this area
Business Placement
Demographics for 61842, IL
2,771
Population
1,145
Households
2.4
Avg Household Size
44
Median Age
18%
College-Educated
94%
High-School Grad
110.4 sq mi
ZIP Area
25
Density / Sq Mi
$79,167
Median Household Income
$40,417
Median Earnings
$514
Median Rent
$152,000
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Vacant 1.75-acre parcel offers highway frontage and existing billboard and parking income.
Where is this commercial land located?
The property is located at 940 W Clinton Ave Farmer City, IL.
What is the asking price?
The asking price for this property is $149,900.
What are key features of this property?
This property features: 1.75‑acre vacant commercial parcel ready for development; Generates income via a billboard agreement and parking agreement ($8,100 annually); 292' of highway frontage
