Commercial Land with Highway
1700 W Fayette Ave, Effingham, IL 62401
For Sale
$3,500,000
EB-5-zoned commercial land with direct access to the Fayette Avenue corridor.
Property SizeContact for details
Days on Market60
Property Features for 1700 W Fayette Ave
General Information
Standard status
Property subtype
Amenities
11.5 Acres
Directly off Interstate 75 (Over 45,000 Vehicles per Day)
Adjacent to Ramada by Wyndham and Holiday Inn Express
Listing Agency:
Marcus & Millichap - Indianapolis
Listed By:
Nathan Whalen
(317) 218-5329
Source:
Marcusmillichap
Added: Sep 16
Changed: Nov 7
Last Checked: Nov 12 at 4:10AM
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 Marcus & Millichap - Indianapolis
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Investment Insights
Based on property information with market context.
This 11.5-acre commercial land parcel is located at 1700 W Fayette Ave in Effingham, Illinois. The property carries EB-5 Effingham Highway Commercial zoning and offers direct access to the Fayette Avenue corridor. Its scale and highway-commercial designation support consideration for commercial site planning and development.
The corridor serves approximately 19,000 vehicles per day and is near Walgreens, ALDI, Hobby Lobby, and Best Western. Interstate 70 is also nearby, placing the site within a regional commercial area serving central Illinois.
The corridor serves approximately 19,000 vehicles per day and is near Walgreens, ALDI, Hobby Lobby, and Best Western. Interstate 70 is also nearby, placing the site within a regional commercial area serving central Illinois.
Key Highlights
- 11.5‑acre commercial land parcel
- EB‑5 Effingham Highway Commercial zoning
- Direct access to the Fayette Avenue corridor
Property Analytics
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Location Intelligence
Trade Area within ½ mile
313
Businesses Nearby
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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
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Frequently Asked Questions
What type of property is this?
Commercial land - EB-5-zoned commercial land with direct access to the Fayette Avenue corridor.
Where is this commercial land located?
The property is located at 1700 W Fayette Ave Effingham, IL.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: 11.5‑acre commercial land parcel; EB‑5 Effingham Highway Commercial zoning; Direct access to the Fayette Avenue corridor
