Commercial Development Land
940 W Clinton Ave Farmer City, IL 61842
940 W Clinton Ave, Farmer City, IL, 61842
$149,900
For Sale
$149,900
Vacant 1.75-acre parcel offers highway frontage and existing billboard and parking income.
Lot Size1.75 Acres
Days on Market86
Property Features for 940 W Clinton Ave
General Information
- Standard status
- Active
- Lot size
- 1.75 Acres
- Property subtype
- Land
Listing agency
eXp Realty-Mahomet
(217) 239-7113
Listed by
Nate Evans · License #475124281
(217) 239-7113
Source
Exprealty
Added: Apr 28 Updated: Jul 22 at 5:26AM Checked: Jul 22 at 5:26AM
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 eXp Realty-Mahomet
Investment Insights
Based on property information with market context.
This vacant commercial land parcel is ready for development and totals 1.75 acres. The property is currently generating income through a billboard agreement and a parking agreement, with noted annual income of $8,100.
The site features approximately 292 feet of highway frontage and is located less than one half mile from the interstate. Nearby businesses listed include a Days Inn, Casey’s Gas Station, Hucks Gas Station (with access for semis), and a Dollar General. The parcel is described as the second lot off a primary intersection where Highway 54 and US Highway 150 intersect.
With frontage and an existing income component, this property may be suitable for a range of development concepts as reflected in the seller’s indicated possibilities, including strip mall, flex space, gas station, storage, restaurant, or slots.
The site features approximately 292 feet of highway frontage and is located less than one half mile from the interstate. Nearby businesses listed include a Days Inn, Casey’s Gas Station, Hucks Gas Station (with access for semis), and a Dollar General. The parcel is described as the second lot off a primary intersection where Highway 54 and US Highway 150 intersect.
With frontage and an existing income component, this property may be suitable for a range of development concepts as reflected in the seller’s indicated possibilities, including strip mall, flex space, gas station, storage, restaurant, or slots.
Key Highlights
- 1.75‑acre vacant commercial parcel ready for development
- Generates income via a billboard agreement and parking agreement ($8,100 annually)
- 292' of highway frontage
Property Analytics
Location Intelligence
Current Use by Public Records
Commercial land
Similar For Sale Nearby
FAQs
What type of property is this?
Commercial land - Vacant 1.75-acre parcel offers highway frontage and existing billboard and parking income.
Where is this commercial land located?
The property is located at 940 W Clinton Ave Farmer City, IL.
What is the asking price?
The asking price for this property is $149,900.
What are key features of this property?
This property features: 1.75‑acre vacant commercial parcel ready for development; Generates income via a billboard agreement and parking agreement ($8,100 annually); 292' of highway frontage
