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Corner Double Lot with Trail Access
For Sale
$42,500

396 W Illinois Street, Farwell, MI 48622

LAND - Farwell, MI

Property SizeContact for details
Lot Size0.45 Acres
Days on Market125

Property Features for 396 W Illinois Street

General Information

Property type Land
Property subtype Other
Zoning description Multi-Family, Residential
Lot features Corner Lot, Walk to School, Large Lot - 65+ Ft., City Limits
Elementary school district Farwell Area Schools
Middle school district Farwell Area Schools
High school district Farwell Area Schools
Subdivision Farwell (18018)
Standard status Active
APN 041-237-001-00
Lot size 0.45 Acres

Taxes and HOA fees

Tax Year 2025

Utilities

Water source Public
Listing Agency: Three Pines Realty LLC
Listed By: SUSAN CARPENTER · License #6501379350
Added: Apr 10 Changed: Aug 2 Last Checked: Aug 12 at 11:06PM
MLS# 50203911

Copyright © 2026 Clare Gladwin Board of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This sale offers a corner double lot in the Village of Farwell with direct trail access right out back. The property includes an existing “gingerbread” garage that provides covered storage (previously had electric), along with access to utilities available at the road: electric, natural gas, village water, and village sewer. Zoning is Multi-Family, Residential.

Recreation is a major part of the day-to-day setting. The Pere Marquette Rail Trail runs along the rear of the lot, supporting biking, walking, and snowmobiling. Mill Pond sits just across the road and features a kayak launch, fishing access, accessible amenities, restrooms, pavilions, and a walking path around the water. Nearby state land adds additional outdoor space.

The layout and zoning support a range of uses, whether you’re planning to build your home or a duplex, or exploring short-term rental options subject to village approval. With in-town access to nearby community activities and trail access immediately adjacent to the property, this is a practical choice for buyers seeking a buildable lot with established outdoor convenience.

Key Highlights

  • Corner double lot in the Village of Farwell with trail access right out back
  • Pere Marquette Rail Trail runs along the rear for biking, walking, and snowmobiling
  • Mill Pond across the road with kayak launch, fishing access, restrooms, pavilions, and a walking path

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick HVAC Service Plumbing Service Hair Salon Nail Salon (Bike/Boat/Book/etc) Store Computer & Electronic Repair

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

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

2,317
Businesses Nearby

Demographics for 48622, MI

6,364
Population
3,213
Households
2
Avg Household Size
47
Median Age
18%
College-Educated
93%
High-School Grad
86.1 sq mi
ZIP Area
74
Density / Sq Mi
$57,500
Median Household Income
$36,019
Median Earnings
$754
Median Rent
$123,600
Median Home Value
Rey
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 - Build a home, duplex, or recreation-focused rental on a corner double lot with trail access and utilities available at the road.
Where is this residential land & home lot located?
The property is located at 396 W Illinois Street Farwell, MI.
What is the asking price?
The asking price for this property is $42,500.
What are key features of this property?
This property features: Corner double lot in the Village of Farwell with trail access right out back; Pere Marquette Rail Trail runs along the rear for biking, walking, and snowmobiling; Mill Pond across the road with kayak launch, fishing access, restrooms, pavilions, and a walking path
More about this property
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