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Property 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.
Full Property Details
Full Property Details for 122 E Main St
General
- Price: $10,000
- Taxes: $75 (2025)
- Status: Active
- Type: Lots/Land
- Source: MRED
- MLS ID: 12657236
- Updated: 6/7/2026
- Added to Site: 6 day(s) ago
Location
- Area: Colfax
- County: McLean
- Township: Colfax
- Subdivision: Not Applicable
- Driving Directions: Lots are on Main Street between the city pavilion and the Peppered Pig
- Location Details: Central Business District
School Information
- School District: 19
- Elem School District: 19
- Midd School District: 19
- High School District: 19
- Elementary School: Ridgeview Elementary School
- Middle School: Ridgeview Jr High School
- High School: Ridgeview High School
- Private School: Ridgeview High School
Utilities
- Onsite: Electricity Nearby, Natural Gas Nearby, Sewer Nearby, Water Nearby
Structural Information
- Square Feet: 0.08
Lot Features
- Lot Size (Acres): 0.08
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 25 x 140
- Frontage: City Street
- Frontage Feet: 25
- Street/Road Desc.: Asphalt
- Potential Use: Commercial, Office, Retail
- Zoning: COMMR
Financial Considerations
- Tax Amount: $75.4
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 1703283012
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Schools
Schools serving 122 E Main St
School District:Ridgeview Community Unit School District 19
| Name | Grades | Distance |
|---|---|---|
Ridgeview Elementary School, Colfax, IL 300 South Harrison Street, Colfax, IL 61728 | PK-5 | 0.2 mi |
Ridgeview Jr High School 202 East Wood Street, Colfax, IL 61728 | 6-8 | 0.2 mi |
Ridgeview High School 202 East Wood Street, Colfax, IL 61728 | 9-12 | 0.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 122 E Main St
Date
Details
Price
Change
Source
6/01/2026
Listed
$10,000
233.33%
MLS
11/27/2023
Sold
$3,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 122 E Main St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$278
—
$834
-76%
2024
$278
-3%
$3,408
11%
2023
$286
9%
$3,060
10%
2022
$262
6%
$2,779
6%
2021
$247
2%
$2,629
2%
2020
$243
—
$2,572
—
2019
$243
—
$2,572
3%
2019
$243
7%
$2,491
3%
2018
$228
7%
$2,430
1%
2017
$213
—
$2,402
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 122 E Main St
122 E Main Street, Colfax, IL 61728 (MLS# 12657236) is a Lots/Land property with a lot size of 0.08 acres. 122 E Main Street is currently listed for $10,000 and was received on June 01, 2026. Want to learn more about 122 E Main Street? Do you have questions about finding other Lots/Land real estate for sale in Colfax? You can browse all Colfax real estate or contact a Coldwell Banker agent to request more information.
