Residential

Oreana, IL Residential Land & Home Lots for Sale

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Decatur, IL Forsyth, IL Cerro Gordo, IL Cisco, IL Maroa, IL Mt Zion, IL Dalton City, IL Mount Zion, IL
Development Land in Oreana
Updated: Mar 12
Development Land in Oreana

East St, Oreana, IL 62554

$816,000
27.20 AC lot
27.2+/- acres of development land on East Street in Oreana, IL, minutes north of Decatur
Flexible purchase options: buy as little as 1 acre or the entire 27.2‑acre tract
Seller willing to divide for phased development or smaller projects
Land is mostly tillable with some wooded areas for residential lot planning
Utilities are nearby and capable of extension for residential subdivision or homesites
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Developmental Land For Sale
Updated: Aug 28, 2023
Developmental Land For Sale

S East St, Oreana, IL 62554

Contact for pricing
27.20 AC lot
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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 6 Potential Opportunities for your consideration. Besides 2 Active listings in Oreana, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Development Land with City Annex Option
Development Land with City Annex Option

4378 Taylor Ave, Decatur, IL 62526

$257,700
8.81 AC lot

Multi-use development tract with annexation pathway for water and sewer services and flexible residential, multifamily, or mixed-use planning.

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Development Land Tract for Flexible Use
Development Land Tract for Flexible Use

4378 Taylor Ave, Decatur, IL 62526

$257,700
8.81 AC lot

About 8.81 acres available for development, with options for residential, multi-family, or mixed-use planning.

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1-Acre Homesite Land Opportunity
1-Acre Homesite Land Opportunity

Mt Zion, IL 62549

$34,900
1.00 AC lot

Build your custom home with city water available and utilities accessible at the road in Mt. Zion School District.

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Residential Lot with Utility Access
Residential Lot with Utility Access

Mt Zion, IL 62549

$38,500
1.00 AC lot

Partially cleared residential lot with accessible water, gas, and electricity at the street to support early site development.

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Oreana, IL Residential Land & Home Lots Market Trends and Statistics

Explore 2 residential land & home lots for sale in Oreana, IL on our real estate platform. These investment opportunities span a total of 2,369,664 square feet of properties for sale, with an estimated market value of $816,000.

Sale prices for home sites in Oreana, IL average $816,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Residential land & home lots 2
Agricultural land / Farmland 1

Demographics Overview

Population 1,738
Population Growth (5Y) +32.6%
Median Household Income $90,000
College Educated 24.9%

High-Yield Neighborhoods for Investment

Identify Oreana submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
62554 $816K

Taxes & Financing

Average Loan-to-Value 65.0%

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