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Divisible Commercial Land Outlot
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201 Walk Ave, Effingham, IL 62401

Divisible outlot on US Route 45 with strong passing traffic and nearby I-70/I-57 access.

Lot Size2.00 Acres
Days on Market427

Property Features for 201 Walk Ave

General Information

Standard status Active
Lot size 2.00 Acres
Property subtype LAND
Listing Agency: Goodman Real Estate
Listed By: Alex Justice · License #SAL.2023006147
Source: Moodyscre
Added: May 30, 2025 Changed: Jul 30 Last Checked: Jul 30 at 12:43PM

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 Goodman Real Estate

Investment Insights

Based on property information with market context.

This divisible commercial land outlot is offered as a 2 AC outlot, providing flexibility for potential development within a retail-forward corridor. The parcel is positioned to benefit from established area demand and visibility.

Located on South Banker Street (US Route 45), the site sees over 12,000 vehicles pass daily and is positioned to join a successful Rural King store. The property is about two miles from the Interstate 70 and Interstate 57 split, supporting convenient regional access.

Within a 20-mile radius, the area population is over 50,000, with average household incomes of approximately $80,000. The combination of high traffic counts, interstate proximity, and retail adjacency can help support a range of commercial uses that fit an outlot development strategy.

Key Highlights

  • 2 AC outlot that is divisible
  • Over 12,000 vehicles pass the site daily on US Route 45
  • Join successful Rural King store on South Banker Street

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick HVAC Service Electrical Service Restaurant Furniture & Home Goods Grocery & Convenience Store Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

92
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Divisible outlot on US Route 45 with strong passing traffic and nearby I-70/I-57 access.
Where is this commercial land located?
The property is located at 201 Walk Ave Effingham, IL.
What are key features of this property?
This property features: 2 AC outlot that is divisible; Over 12,000 vehicles pass the site daily on US Route 45; Join successful Rural King store on South Banker Street
(216) 342-9318 Call to check price and availability
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