Land for Sale in Illinois

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Buying Land in Illinois

Purchasing land in Illinois can be an exciting proposition but it's crucial to know what factors impact the price of the property you decide to buy. Here are some FAQs about buying land in Illinois.

How expensive is land in Illinois?

It all depends on the location and type of property you're looking to buy. For example, if you want to buy a farm in Illinois, you should budget about $8,900 per acre.

What are some considerations before buying land in Illinois?

First, what is your long-term goal for the property? If you're looking for investment opportunities, you'll want to consider how the area will look in the future. Other considerations include:

  • Surveying the property marking boundaries
  • Preparing for utilities, infrastructure, and road access
  • Looking into local zoning ordinances
  • Performing environmental tests

What are some common uses for land in Illinois?

You'll find farms for sale in Illinois throughout the state. Southern Illinois is excellent for agriculture. Farms are a common use for the land, but buying some land to build your own home or a cabin as a private retreat is also an ideal use of property.

Land Market Insights and Pricing in Illinois

On average, land listings in Illinois have a lot size of 101 acres and are priced around $1,265,674. The median price per acre in Illinois is $14,893.
Market Trends
Properties for Sale
12,034
Total Acreage for Sale
116,723 ac
Median Lot Size
40 ac
Median List Price
$662,500
Median Price Per Acre
$14,893 / ac
Median Days on Market
69 days
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Illinois Cities

Illinois Counties