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Residential Build Lot with Utilities
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512 2nd Street, Lacon, IL 61540

Very large, deep lot with electricity available on site for building a dream home or large hobby garage.

Property SizeContact for details
Days on Market178

Property Features for 512 2nd Street

General Information

Standard status Active
Property subtype Land / Lots & Land

Additional Details

Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $379
Listing Agency: Jim Maloof/REALTOR
Listed By: Scarlett Palm · License #471.010509
Source: Compass
Added: Feb 12 Changed: Aug 8 Last Checked: Mar 25 at 1:40PM

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 Jim Maloof/REALTOR

Investment Insights

Based on property information with market context.

This is a very large, deep residential build lot suited for constructing a home and optional outbuildings such as a large hobby shed or garage. The property includes electricity on site and is described as having city municipal services available on site.

Ideal for buyers who want room to develop a larger home site layout, the lot’s depth provides flexibility for site planning while keeping utility access on the property.

With the stated utilities and substantial lot size, the property can support straightforward residential construction and accessory structures based on the buyer’s intended use.

Key Highlights

  • Very large, deep lot
  • Electricity available on site
  • Ideal for building a dream home or a large hobby shed/garage

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Plumbing Service Real Estate Agency Bakery (Bike/Boat/Book/etc) Store Garden Center Furniture & Home Goods

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

229
Businesses Nearby

Demographics for 61540, IL

2,741
Population
1,298
Households
2.1
Avg Household Size
46
Median Age
19%
College-Educated
94%
High-School Grad
52.7 sq mi
ZIP Area
52
Density / Sq Mi
$74,519
Median Household Income
$40,735
Median Earnings
$803
Median Rent
$154,300
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 - Very large, deep lot with electricity available on site for building a dream home or large hobby garage.
Where is this residential land & home lot located?
The property is located at 512 2nd Street Lacon, IL.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: Very large, deep lot; Electricity available on site; Ideal for building a dream home or a large hobby shed/garage
More about this property
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