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    Anchor, IL Ellsworth, IL Lexington, IL Saybrook, IL Chenoa, IL Arrowsmith, IL Fairbury, IL Gibson City, IL
    Mixed-Use Building with Ice Cream Shop
    Updated: Sep 14
    Mixed-Use Building with Ice Cream Shop

    103 S center Street, Colfax, IL 61728

    $175,000
    0.05 AC lot
    Operating ice cream shop on the main level with appliances and equipment included
    Updated three‑bedroom apartment on the upper level
    Space for two full bathrooms in the residential area
    Brand‑new split‑unit air conditioning and newer furnace
    Brick construction with a metal roof
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Colfax, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Office Building with Finished Lower Level
    Office Building with Finished Lower Level

    407 Detroit Ave, Bloomington, IL 61704

    $799,000
    7,096 sqft

    Professional office property with two floors, private offices, conference space, kitchenettes, restrooms, and elevator access.

    View details
    Brick Office Building with Elevator
    Brick Office Building with Elevator

    407 Detroit Avenue, Bloomington, IL 61704

    $799,000
    1.63 AC lot

    Two-level office property with private offices, conference space, restrooms, kitchenettes, and parking for staff and visitors.

    View details
    Fairbury Freestanding Office Building For Sale
    Fairbury Freestanding Office Building For Sale

    115 N Third St, Fairbury, IL 61739

    $579,000
    9 sqft

    Well-maintained two-story office building in Fairbury, Illinois.

    View details
    Fairbury Freestanding Office Building
    Fairbury Freestanding Office Building

    115 N 3rd St, Fairbury, IL 61739

    Contact for pricing
    33,541 sqft 0.77 AC lot

    Two-story office building in Fairbury, Illinois, for sale.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land with Interstate Visibility
    Commercial Land with Interstate Visibility

    Le Roy, IL 61752

    $100,200
    1.12 AC lot

    COMMR-zoned site near an interstate interchange with regional access to Bloomington-Normal and Champaign-Urbana.

    View details
    Commercial Land Near Interstate Access
    Commercial Land Near Interstate Access

    Le Roy, IL 61752

    $76,250
    0.70 AC lot

    Commercially zoned parcel with Interstate 74 proximity and exit-ramp visibility.

    View details
    Commercial Land Near Interstate Access
    Commercial Land Near Interstate Access

    Le Roy, IL 61752

    $127,200
    1.46 AC lot

    Commercial lot with visibility from Interstate 74 and its exit ramp.

    View details
    Commercial Land with Interstate Visibility
    Commercial Land with Interstate Visibility

    Le Roy, IL 61752

    $121,968
    0.70 AC lot

    Commercial land zoned COMMR near Interstate 74 and its exit ramp.

    View details

    Colfax, IL Office Spaces Market Trends and Statistics

    Explore 1 office spaces for sale in Colfax, IL on our real estate platform.

    Sale prices for office spaces in Colfax, IL average $175,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 1,316
    Population Growth (5Y) +0.4%
    Median Household Income $93,654
    College Educated 33.3%

    Taxes & Financing

    Tax Rate (average for all types) 9.23%
    Property Tax per SF $27.36 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in McLean County

    New Delisted

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