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Residential Land Parcel with Outbuilding
For Sale
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605 W Grand Prairie St., Palestine, IL 62451

Residential lot offering 0.34 acres with an outbuilding, sold as-is with inspections completed before bidding.

Property SizeContact for details
Lot Size0.34 Acres
Days on Market75

Property Features for 605 W Grand Prairie St.

General Information

Standard status Active
Lot size 0.34 Acres
Property subtype Land
Zoning RES
Listing Agency: Burke Auction & Realty
Listed By: Bill Burke · License #IL
Source: Crexi
Added: May 27 Changed: Aug 8 Last Checked: Jul 16 at 8:08AM

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 Burke Auction & Realty

Investment Insights

Based on property information with market context.

This offering is a residential land parcel totaling 0.34 acres and includes an outbuilding. The property is being sold as-is with zero contingencies, and all inspections must be completed prior to bidding.

The sale will be conducted as an online auction. Bidding is set to run from beginning to end on Monday, June 22nd, and an open house is scheduled for Monday, June 8th from 4:00 P.M. to 5:00 P.M. or available by appointment. The seller notes the property is subject to sell prior to auction.

For prospective buyers, this is a straightforward opportunity to acquire a residential lot with existing outbuilding space, with the auction terms requiring due diligence ahead of time. Suitable use may be best evaluated by the buyer with respect to applicable requirements and site condition, given the property is offered as-is.

Key Highlights

  • 0.34‑acre residential lot with an outbuilding
  • Sold as‑is with zero contingencies
  • All inspections must be completed prior to bidding

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Building Supply Auto Repair Shop Pharmacy Grocery & Convenience Store Locksmith Storage Facility

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

Location Intelligence

Trade Area within ½ mile

130
Businesses Nearby

Demographics for 62451, IL

1,972
Population
907
Households
2.2
Avg Household Size
46
Median Age
14%
College-Educated
94%
High-School Grad
63.2 sq mi
ZIP Area
31
Density / Sq Mi
$60,991
Median Household Income
$38,909
Median Earnings
$743
Median Rent
$85,500
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Residential lot offering 0.34 acres with an outbuilding, sold as-is with inspections completed before bidding.
Where is this residential land & home lot located?
The property is located at 605 W Grand Prairie St. Palestine, 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: 0.34‑acre residential lot with an outbuilding; Sold as‑is with zero contingencies; All inspections must be completed prior to bidding
More about this property
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