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    Oreana, IL
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    Oreana, IL Residential Land & Home Lots for Sale

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    Decatur, IL Forsyth, IL Cerro Gordo, IL Maroa, IL Mt Zion, IL Dalton City, IL Mount Zion, IL Weldon, 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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    Land
    Updated: Sep 22
    Land

    204 Bower Street, Oreana, IL 62554

    Contact for pricing
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    Developmental Land For Sale
    Developmental Land For Sale

    S East St, Oreana, IL 62554

    Contact for pricing
    27.20 AC lot

    Acreage available in Argenta-Oreana School District with multiple possibilities.

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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 7 Potential Opportunities for your consideration. Besides 3 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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    Corner Residential Development Lot
    Corner Residential Development Lot

    275 Lea Ln, Forsyth, IL

    $40,000
    0.56 AC lot

    A 0.56-acre corner lot in a quiet new subdivision within the Maroa-Forsyth School District.

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    Land
    Land

    120 Shadow Ridge Blvd, Forsyth, IL 62535

    $74,900

    Residential land & home lots

    View details
    Land
    Land

    7165 Ridge Ln, Decatur, IL 62521

    $175,000

    Residential land & home lots

    View details

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

    Explore 3 residential land & home lots for sale in Oreana, IL, showcased through 3 active listings 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 3
    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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