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120 E Main Street Colfax, IL 61728 Land - Commercial New

New - 23 Hours Ago
  • 120 E Main Street , Colfax, IL 61728 Main Photo

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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 your 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 Highlights

Property Type: Land - Commercial
Total Acres: 0.08 Acres
Utilities: Electricity Nearby, Natural Gas Nearby, Sewer Nearby, Water Nearby

General Information

County: McLean
High School: Ridgeview High School
Subdivision: Not Applicable
Listed By:
RE/MAX Rising 309-340-1000
MRED MLS
$10,000
Est. $163/mo
New to the Market New
LOT SIZE 0.080 acres MLS#12657235
STATUSNew PROPERTY TYPELand - Commercial SUBDIVISIONNot Applicable SCHOOLDistrict 19

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120 E Main Street , Colfax, IL 61728.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $10,000$10,000$10,000
Down Payment $2,000$350$2,500
Monthly Mortgage Amount $49$60$62
Taxes $14$14$14
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$4$0
Monthly Estimated Total $163$178$176

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