Commercial Land for Storage
502 South Banker Street Effingham, IL 62401
502 South Banker Street, Effingham, IL, 62401
$119,000
For Sale
$119,000
Commercial land totaling 1.3 acres with B-2 zoning, accessed from National Ave and High St, including a 10' alley through the site.
Property Size37,462 SF
Lot Size1.30 Acres
Price / SF$3.18
Days on Market209
Property Features for 502 South Banker Street
General Information
- Standard status
- Active
- Size
- 37,462 SF
- Lot size
- 1.30 Acres
- Property subtype
- Land / Mixed Use
Listing agency
RE/MAX Key Advantage
(217) 821-8144
Listed by
Jeffrey Speer · License #471000363
(217) 821-8144
Source
Compass
Added: Dec 25, 2025 Updated: Jul 21 at 9:34AM Checked: Jul 21 at 9:34AM
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 RE/MAX Key Advantage
Investment Insights
Based on property information with market context.
This 1.3-acre commercial land offering includes three separate property tax IDs and is currently zoned B-2. The main portion of the site is approximately 450 by 85, with two additional lots: one measuring approximately 75 by 100 and the other irregular in shape. A 10’ alley runs through the property.
Access is available from National Ave to the south and High St to the north. The property is located in the center of town.
For storage unit use, the listing notes that rezoning to Special Use would be required. The parcel configuration and multiple access points may support a variety of development layouts, subject to approvals.
Access is available from National Ave to the south and High St to the north. The property is located in the center of town.
For storage unit use, the listing notes that rezoning to Special Use would be required. The parcel configuration and multiple access points may support a variety of development layouts, subject to approvals.
Key Highlights
- 1.3‑acre commercial land in the center of town with 3 separate property tax IDs: 0316035086, 0316035085, and 0316035070
- Currently zoned B‑2; would need rezoning to Special Use for storage units
- Main lot is approximately 450x85, plus two additional lots (75x100 and an irregular lot)
Property Analytics
Location Intelligence
Current Use by Public Records
Commercial land
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FAQs
What type of property is this?
Commercial land - Commercial land totaling 1.3 acres with B-2 zoning, accessed from National Ave and High St, including a 10' alley through the site.
Where is this commercial land located?
The property is located at 502 South Banker Street Effingham, IL.
What is the asking price?
The asking price for this property is $119,000.
What are key features of this property?
This property features: 1.3‑acre commercial land in the center of town with 3 separate property tax IDs: 0316035086, 0316035085, and 0316035070; Currently zoned B‑2; would need rezoning to Special Use for storage units; Main lot is approximately 450x85, plus two additional lots (75x100 and an irregular lot)
