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
Details
MLS #
12657221
Listing Type
For Sale
Sub-Type
Resale
Status
Active
Days On Site
109
Listing Provided By
RE/MAX Rising | Chad Allen Lange
Features
Zoning
COMMR
Acreage
0.30
Utilities
Utilities
Electricity Nearby, Natural Gas Nearby, Sewer Nearby, Water Nearby
Taxes
Tax Year
2025
Tax Annual Amount
276.8
Area Information
State
IL
County
McLean
City
Colfax
Zip Code
61728
Area
Colfax
Community Name
Not Applicable
School District
Ridgeview High School
Elementary School
Ridgeview Elementary School
High School
Ridgeview High School
Listing VS Median (in Not Applicable)
Price: $35,000
low | high
Med: $185,000
100% of Average
On site: 109
low | high
Med: 36.5
100% of Average
Sourced by Back At You
Market Activity 61728
Date
Sales
Avg $ Per SqFt
Min Sale Price
Max Sale Price
Med Sale Price
Date: Jul 2026
Sales: 1
Avg $ Per SqFt: $80.67
Min Sale Price: $275,000
Max Sale Price: $275,000
Med Sale Price: $275,000
Date: Jun 2026
Sales: 3
Avg $ Per SqFt: $140.26
Min Sale Price: $8,000
Max Sale Price: $185,000
Med Sale Price: $8,000
Date: May 2026
Sales: 2
Avg $ Per SqFt: $140.45
Min Sale Price: $142,700
Max Sale Price: $535,000
Med Sale Price: $338,850
Date: Apr 2026
Sales: 3
Avg $ Per SqFt: $88.14
Min Sale Price: $148,000
Max Sale Price: $180,000
Med Sale Price: $150,000
Date: Feb 2026
Sales: 2
Avg $ Per SqFt: $105.13
Min Sale Price: $115,000
Max Sale Price: $305,000
Med Sale Price: $210,000
Date: Jan 2026
Sales: 3
Avg $ Per SqFt: $76.1
Min Sale Price: $69,000
Max Sale Price: $183,000
Med Sale Price: $100,000
Date: Dec 2025
Sales: 1
Avg $ Per SqFt: $232.24
Min Sale Price: $425,000
Max Sale Price: $425,000
Med Sale Price: $425,000
Date: Nov 2025
Sales: 1
Avg $ Per SqFt: $100
Min Sale Price: $250,000
Max Sale Price: $250,000
Med Sale Price: $250,000
Date: Sep 2025
Sales: 1
Avg $ Per SqFt: $105.26
Min Sale Price: $200,000
Max Sale Price: $200,000
Med Sale Price: $200,000
Sourced by Back At You
Jul 2026
Sales:
1
Avg $ Per SqFt:
$80.67
Min Sale Price:
$275,000
Max Sale Price:
$275,000
Med Sale Price:
$275,000
Jun 2026
Sales:
3
Avg $ Per SqFt:
$140.26
Min Sale Price:
$8,000
Max Sale Price:
$185,000
Med Sale Price:
$8,000
May 2026
Sales:
2
Avg $ Per SqFt:
$140.45
Min Sale Price:
$142,700
Max Sale Price:
$535,000
Med Sale Price:
$338,850
Apr 2026
Sales:
3
Avg $ Per SqFt:
$88.14
Min Sale Price:
$148,000
Max Sale Price:
$180,000
Med Sale Price:
$150,000
Feb 2026
Sales:
2
Avg $ Per SqFt:
$105.13
Min Sale Price:
$115,000
Max Sale Price:
$305,000
Med Sale Price:
$210,000
Jan 2026
Sales:
3
Avg $ Per SqFt:
$76.1
Min Sale Price:
$69,000
Max Sale Price:
$183,000
Med Sale Price:
$100,000
Dec 2025
Sales:
1
Avg $ Per SqFt:
$232.24
Min Sale Price:
$425,000
Max Sale Price:
$425,000
Med Sale Price:
$425,000
Nov 2025
Sales:
1
Avg $ Per SqFt:
$100
Min Sale Price:
$250,000
Max Sale Price:
$250,000
Med Sale Price:
$250,000
Sep 2025
Sales:
1
Avg $ Per SqFt:
$105.26
Min Sale Price:
$200,000
Max Sale Price:
$200,000
Med Sale Price:
$200,000
MLS Number: 12657221
Chad Allen Lange – (217) 714-1171 – chadallen@visionhomesgroup.com
The information is being provided by MRED. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 MRED. All Rights Reserved.
MLS Number: 12657221
Chad Allen Lange – (217) 714-1171 – chadallen@visionhomesgroup.com
