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I-74 Frontage Land Available
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IL-54, Farmer City, IL 61842

Commercial/industrial land with I-74 visibility and utilities.

Property SizeContact for details
Days on Market801

Property Features for IL-54

General Information

Standard status Active
Property subtype Land
Zoning Commercial
Listing Agency: Tabeling Homes
Listed By: Austin Tabeling · License #471.022449
Source: Crexi
Added: Jun 11, 2024 Changed: Aug 8 Last Checked: Aug 19 at 4:23PM

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 Tabeling Homes

Investment Insights

Based on property information with market context.

This commercial and industrial land offers flexible lots with visibility and exit frontage along I-74. The property is located at the north end of the Interstate 74 Farmer City, IL exit, which sees an average daily traffic count of 21,000 vehicles. Situated halfway between Champaign-Urbana and Bloomington-Normal, the site has all utilities available. The road extension can accommodate semi trucks. The property is adjacent to upcoming multifamily and commercial development.

Key Highlights

  • High I‑74 visibility and exit frontage
  • All utilities to site
  • Strategic location halfway between Champaign‑Urbana and Bloomington‑Normal

Property Analytics

Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

1
Businesses Nearby

Demographics for 61842, IL

2,771
Population
1,145
Households
2.4
Avg Household Size
44
Median Age
18%
College-Educated
94%
High-School Grad
110.4 sq mi
ZIP Area
25
Density / Sq Mi
$79,167
Median Household Income
$40,417
Median Earnings
$514
Median Rent
$152,000
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercial/industrial land with I-74 visibility and utilities.
Where is this commercial land located?
The property is located at IL-54 Farmer City, IL.
What is the asking price?
The asking price for this property is $359,370.
What are key features of this property?
This property features: High I‑74 visibility and exit frontage; All utilities to site; Strategic location halfway between Champaign‑Urbana and Bloomington‑Normal
More about this property
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