Coal City IL Real Estate & Land for Sale

Great investment opportunity to build a duplex in Springhill Subdivision next to schools and minutes from downtown.

Buildable lots in Coal City are becoming increasingly difficult to find, especially in locations that place you right in the heart of the community. This affordable residential lot offers a rare opportunity to build a new home just minutes from all of Coal City's schools, parks, and everyday conveniences. Positioned in a convenient location, this parcel is ideally suited for a builder, investor, or anyone looking to create a quality home in a market where housing inventory continues to lag behind demand. New construction opportunities in Coal City remain scarce, and well-priced homes are consistently met with strong interest from buyers eager to put down roots in this sought-after community. For builders, this is a chance to help meet a very real need. Coal City continues to attract families and buyers who value its small-town charm, strong sense of community, and highly regarded schools. Providing an affordable newly constructed home here is not just a smart investment, it is an opportunity to deliver exactly what the market is asking for. Whether you are looking to build a spec home, a long-term investment property, or a personal residence, this lot offers the location, affordability, and potential to make it happen.

Formerly part of an expired PUD development, this 4 +/- acre property was originally platted as an extension of the neighboring Somerset 52-unit apartment complex. Zoned multi-family, all underground improvements have been completed and development ready. The city is open to a variety of potential uses, offering excellent opportunity for investors and builders. Buyer to complete all due diligence and work directly with the city regarding rezoning and development approvals. Call listing agent for details.

Vacant land currently zoned commercial, offering three lots sold together as one parcel. This versatile property presents excellent potential for commercial use or multi-family development. The city has indicated a willingness to consider rezoning to accommodate 4 duplex lots and 2 single-family lots, similar to the middle section of the neighboring Circle Drive subdivision. Buyer to complete all due diligence and work directly with the city regarding rezoning and development approvals. Ideal opportunity for an office building, duplex project, or single-family homes. Contact Listing Agent for additional details.