Listing provided courtesy of RE/MAX RisingMREDas Distributed by MLSGrid- MLS# 12657221MLS Provider

BLOCK 10 Lots 7 & 8Colfax, IL 61728

Vacant Land · 0.30 Acres
$35,000 Active

BLOCK 10 Lots 7 & 8 Overview

Time on Site:
29 days
Visits:
0

Opportunity is knocking right in the heart of fabulous Colfax! This rare two-lot-parcel commercial offering places your future business, investment venture, or development project directly in the center of town's business district, where visibility, convenience, and community connection come together. With city utilities readily available, TIF district bonuses, and development-ready potential, these lots provide a blank canvas for entrepreneurs, investors, and visionaries looking to bring their next chapter to life. Whether you're dreaming of retail space, office suites, service-based businesses, mixed-use concepts, or a long-term investment opportunity, the groundwork is in place to help turn ideas into reality. Positioned among established businesses and surrounded by the daily activity that keeps Colfax moving, this prime location offers the kind of small-town accessibility and exposure that's becoming increasingly difficult to find. High potential, flexible possibilities, and a location that puts you at the center of it all-this is your chance to stake your claim in one of Central Illinois' most welcoming communities. Bring your plans, your imagination, and your vision. The future starts here

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BLOCK 10 Lots 7 & 8 Facts & Features

  • Type Vacant Land
  • Lot 0.30 Acres

Details

General

School Information

  • School District: 19
  • Elementary School: Ridgeview Elementary School
  • Middle Or Junior School: Ridgeview Jr High School
  • High School: Ridgeview High School

Location/Region

  • County Or Parish: McLean
  • MLS Area Major: Colfax
  • Subdivision Name: Not Applicable
  • Township: Martin

Tax Information

  • Tax Annual Amount: $276.80
  • Tax Year: 2025

General Information

  • Ownership: Fee Simple
  • Parcel Number: 1703287001
  • Possible Use: Commercial,Office,Retail
  • Property Type: Land
  • Special Listing Conditions: None
  • Zoning: COMMR

Interior

Beds/Baths

  • Bathrooms Total: 0

Exterior

Parking Information

  • Parking Total: 0

Lot Information

  • Additional Parcels: No
  • Frontage Length: 92
  • Frontage Type: City Street
  • Lot Size Acres: 0.3
  • Lot Size Dimensions: 92x140
  • Road Surface Type: Asphalt

Waterfront/View

  • Waterfront: No

General Information

  • Utilities: Electricity Nearby,Natural Gas Nearby,Sewer Nearby,Water Nearby

BLOCK 10 Lots 7 & 8 Neighborhood

Community

61728 (Colfax) Demographics

36
Median Age
19
Population Density (per sq. mile)
36%
College Educated
$61,167
Estimated Median Income
330
Estimated Total Home Owners
102
Estimated Total Renters
76% / 24%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

BLOCK 10 Lots 7 & 8 Monthly Cost

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$ %
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$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

BLOCK 10 Lots 7 & 8 Market Data

Based on the last 30 days in this zip code

$264,125
Average List Price
$127
Average Price per Square Foot
3
Properties Sold
40
Average Days on Market
4
Properties for Sale
Calculations provided by Reliance Network

BLOCK 10 Lots 7 & 8 History

Date Event Value Agent
6/6/2026Source: MRED Status Change
Active
6/1/2026Source: MRED Added to Database
June 01, 2026