Active

118 E Main Street

Colfax, IL 61728

$10,000 $42/Mo

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Overview

0.08

Acre(Lot)

Description

Four lots offered individually with countless possibilities in one incredible location. Welcome to a rare opportunity in the heart of Colfax's thriving business district, where four commercial parcels are ready to transform vision into reality. Whether you're an entrepreneur looking for the perfect site, a developer seeking your next project, or an investor positioning yourself for future growth, these highly visible lots offer flexibility that's increasingly difficult to find. All public utilities are available, eliminating a major hurdle in the development process and allowing you to focus on bringing your plans to life. Even better, all four parcels lie within a TIF district, creating the potential for valuable developer incentives and redevelopment assistance that can help maximize you r investment and accelerate your project timeline. Each parcel is being offered individually, allowing buyers to select the footprint that best fits their needs. Looking bigger? Purchase multiple lots-or secure all four-to create a larger development site with endless potential for retail, office, mixed-use, service businesses, or other commercial ventures. Situated in the center of town and surrounded by established businesses, community activity, and steady traffic, these properties place your future investment exactly where opportunity lives. Build one. Build several. Build your vision. However you choose to approach it, opportunities like this don't come around often. The future of your business starts here-in the heart of Colfax.

Property Details

Property Type : Land

Price : $10,000

AD Id : 79697608

MLS Id : MRD12657232

Lot Size : 0.08 Acre(Lot)

County : McLean

Subdivision: Not Applicable

Map

Features

Lot Information

Lot Dimensions: 25x140 Lot Acres: 0.08 Lot Size: Less Than .25 Acre

Property Information

Property Type: Land Sub Type: Land

Listing Price Information

Original List Price:$10000

Tax Information

Annual Tax: $75.4 Tax Year: 2025 Parcel Number: 1703283010

School Information

Elementary School: Ridgeview Elementary School Junior High School: Ridgeview Jr High School Senior High School: Ridgeview High School
Utility Information

Electricity Nearby, Natural Gas Nearby, Sewer Nearby, Water Nearby
Location Information

Subdivision: Not Applicable City: Colfax Direction: Main St passed the pavilion. Lots sit between the Peppered Pig and the city pavilion.

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
BLOCK 10 Lots 7 & 8, Colfax, IL, 61728	$35,000	--	--	--	0.30 Acre(Lot)
120 E Main Street, Colfax, IL, 61728	$10,000	--	--	--	0.08 Acre(Lot)
122 E Main Street, Colfax, IL, 61728	$10,000	--	--	--	0.08 Acre(Lot)
124 E Main Street, Colfax, IL, 61728	$10,000	--	--	--	0.08 Acre(Lot)

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ByOwner last updated this listing 06/03/2026 @ 18:20

MLS: MRED #12657232 LISTED BY: Chad Allen Lange, RE/MAX Rising 309-340-1000 SOURCE: Midwest Real Estate Data LLC (MRED) (Listings courtesy of Midwest Real Estate Data LLC (MRED) as distributed by MLS GRID)