The median home value in Colfax, IL is $70,000.
This is
lower than
the county median home value of $207,300.
The national median home value is $338,100.
The average price of homes sold in Colfax, IL is $70,000.
Approximately 67.1% of Colfax homes are owned,
compared to 24.68% rented, while
8.23% are vacant.
Colfax real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you see a property you’re interested in, contact a Colfax real estate agent to arrange a tour today!
Rich, dark, fertile, and ready to be your next crop producing field. Illinois dirt at its finest, measuring at 77 acres of tileable land with a leg of Henline Creek flowing through the NW portion. Bring your mules, plows, and seed and let the land pay for itself and beyond.
Small town living only 20 minutes from Bloomington/Normal's airport. Extra large corner lot. Large 3 bedroom home, with possibility of 4 right in the heart of Downtown Colfax, close to all services provided in the area, including school, gas station, post office and more. Large enclosed porch, large kitchen, living room and bedroom. It also has a two car garage detached with extra room for storage. Potential fourth bedroom(walk through another bedroom to get to it) or convert it into a dream master closet/sitting room. The possibilities are endless in this home at listing price.
Located in the heart of Colfax this 7 unit apartment building is an investors dream! Updated roof in 2024 and long time renters! Leases are up at the end of March 2025 and the financials speak for themselves. Do not miss out on this great opportunity and schedule your showing today!
COLFAX - FOR SALE - 10 UNITS - The property is part of the Section 515 program through the U.S. Dept. of Agriculture. The rents are subsidized through this program. All buyers should be knowledgeable and qualified to purchase. Qualified buyers should have working knowledge of these types of government subsidized programs and qualified with the USDA to purchase. Financials available for qualified buyers. This property is being sold as a package with 34 additional units in Gibson City, Illinois. The MLS# for that property is MLS#11617011.