Shelby County, Illinois Land For Sale (4 results)
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AcreValue offers multiple types of land for sale in Shelby County, so if you’re looking for a new ranch, farm, recreational property, hunting ground, developmental property, or land investment you’ve come to the right place. Regardless of what your needs or objectives are for your land, we have a large inventory of available parcels that are updated regularly. Therefore, it’s very likely that we have the perfect parcel that meets all the search criteria & specifications that you’ve been searching for. Additionally, because our land for sale listings are always being updated due to the frequency of land being sold or new land listings being put on the market, make sure that you are checking back with AcreValue regularly for updates. When you find the perfect land parcel and you are ready to take the next steps you can easily connect directly with the listing agent to help you facilitate your land purchase. Browse AcreValue's Illinois land for sale page to find more potential opportunities in Illinois that fit your needs. We wish you the best of luck in finding your next ranch, farm, recreational property, hunting ground, developmental property, or land investment.
10/21/2025
$298,500
1.8 ac.
ACTIVE
Shelby County - 1970 State Highway 16, Shelbyville, IL
Located just east of Shelbyville, Illinois, this established welding business presents an exceptional opportunity to purchase a turnkey operation with equipment, inventory, and a strong local reputation. Positioned right along State Highway 16, the property offers excellent visibility and easy access for customers and suppliers. Situated directly across from Lake Shelbyville Dam, the shop benefits from frequent traffic and visibility from travelers visiting the popular lake area.The business has been serving Shelbyville and the greater Shelby County area for decades, building a dependable customer base and strong relationships within the community that rely on this business throughout the year. The main shop spans approximately 5,900 square feet, offering ample room for welding, fabrication, and equipment storage. The buildings height provides additional working space for large projects or machinery. Constructed in the 1970s with an addition added in the 1990s, the building features a full concrete floor, insulation, and natural gas heat, ensuring a comfortable and functional workspace throughout the year.The property consists of approximately 1.8+/- acres, allowing for parking space and outdoor storage options. The open lot provides space for customers, vehicles, trailers, and equipment. This size also offers flexibility for future expansion and outdoor work areas if desired.Included in the sale are all major equipment and inventory necessary to continue operations. Equipment valued at over $150,000 and materials estimated at roughly $75,000 will convey with the property. This allows the new owner to continue operations seamlessly without the need for significant startup investment.In addition to traditional welding and fabrication services, the business currently generates income through several other established channels. These include cylinder exchanges and refills, machining services, wholesale materials, livestock gate production, hydraulic hose assembly and installation, and mobile welding services. These diversified revenue streams provide stability and continued opportunity for growth.The business has demonstrated steady increases in annual profitability, reflecting consistent demand and effective management. With its strong customer base, prime highway location, and diverse services, this property represents a rare chance to acquire an established business with significant assets and a strong local reputation.Shelbyville is a well known community in central Illinois, serving as a hub for agricultural, industrial, and recreational activity. The nearby Lake Shelbyville area draws year-round visitors for fishing, boating, and camping, creating additional business exposure. The property is approximately 30 miles south of Decatur and 25 miles north of Effingham, providing convenient access to larger markets and suppliers while maintaining the benefits of a small town setting.For those seeking to own and operate a business with strong foundations, multiple income sources, and a central Illinois location, this turnkey welding operation offers a valuable opportunity. Give Rod Shepard or Cody Crum a call today!
02/21/2026
Auction
118.25 ac.
ACTIVE
Shelby County - Rural Mode IL, Fancher, IL
118.25 Acres Prime Shelby County Hunting & Farmland Auction
Thursday, March 26th 5:00PM (Starts to close)
Online Only Land Auction – Rural Mode IL
1825 E 450 NORTH RD, Mode, IL 62444(approximate address off google maps)
Tract Information
Tract 1: 48.25 + or – acres, 26.42 + or – tillable acres (Soil PI 104.4), 21.83 + or – acres of wooded hunting land. Giant Whitetail Bucks and wild turkey. Property is located in Sec 30, Holland Township, Shelby County, IL.
Tract 2: 70 + or – Acres, 30 + or – tillable acres (small fields ideal food plots Soil PI 116), 40 + or – wooded acres of prime hunting land. Giant Whitetail Bucks and wild turkey. Property is located in Sec 30, Holland Township, Shelby County, IL.
Both tracts include 8.73 acres enrolled in CRP, with payments of $272.12 per acre. The total annual payment is $2,376, which is divided between tract 1 and tract 2. The USDA will dictate the acreage of CRP that will go with each tract if they are purchased by different buyers.
Seller: Waka Properties LLC
Trail camera photos from this property are online.
CRP terms: CRP expires in 09-30-2032 (8.73 acres:. New owners cannot farm the 8.73 acres before then—doing so requires USDA repayment of past payments for the new owners. If tracts 1 and 2 have separate buyers, the USDA will split the area accordingly for future payments. Future CRP payments will be prorated to date of closing.
3.60 acres in tract 2 are enrolled in the CP42 CRP program, with payments of $272.12 per acre totaling $979.63. CP42 lets landowners grow wildflowers and legumes essential for pollinators.
5.13 acres are enrolled in the CP 43 Prairie Strips CRP program, spanning tracts 1 and 2, with payments of $272.12 per acre totaling $1,395.98. This USDA CLEAR initiative aims to reduce soil erosion, enhance water quality, and support wildlife habitat.
Farming Rights: A current farm tenant is in place for the 2026 season. The new owner will be entitled to one-third of the crop after the Fall Harvest 2026. It is the new owner's responsibility to either renew or terminate the agreement with the tenant legally before October 31, 2026.
Rights: All the Seller’s mineral, oil, and gas rights, if any, will transfer without warranty of title or title evidence.
Bidding Method: The bidding is based on price per acre; the final total is calculated by multiplying the highest bid by the acreage in each tract. Survey: If tracts 1 and 2 are bought by different buyers, a survey will be conducted, and the per-acre bid will be applied to the surveyed amount of land. However, if one buyer purchases both tracts, no survey will take place.
Bidding Increments: $25.00 per acre.
Extended Bidding: Any bid placed on Tracts 1-2 within the final 2 minutes will extend bidding on both Tracts 1 and 2 by 2 minutes.
Down Payment & Closing: 10% of the total purchase price is due on auction day. The remaining balance is due at closing, approximately 40 days following the auction. Down payment is held in escrow with the title company.
Purchase Agreement: Successful bidders must sign agreements on Friday March 27th in person or via DocuSign.
Crops & Possession: New owners will take possession of the forested land when the sale closes, while ownership of the tillable farmland will transfer after the 2026 harvest is finished.
Condition: Real estate sells “As Is.” Buyers are encouraged to conduct independent inspections and due diligence. Maps, brochures, and field markers are approximate and for guidance only.
Announcements: Auction day announcements take precedence over printed materials.
Liability: Schmid Auction is not responsible for accidents.
Down Payment & Closing: A down payment equal to 10% of the total purchase price is required on the day of the auction or the subsequent day. The remaining balance must be paid at closing, which is scheduled approximately 40 days after the auction. The down payment will be held in escrow at the Title Company. In the event of buyer default at closing, the seller will retain the 10% down payment.
Prime Hunting and Fertile Farmland in Shelby County Illinois
03/10/2026
$499,900
18.09 ac.
ACTIVE
Shelby County - 1444 E 1000 North Road, Lakewood, IL
This is the dream log home you have been looking for. This 4-bedroom, 3.5-bathroom home with almost 2800 square feet and over 18 acres is located in Lakewood (yes Lakewood is close to the lake: 8 miles to Lake Shelbyville, 6 miles to Shelbyville, and in Shelbyville Schools). Set back off the road, enjoy the peaceful beauty from the complete wrap around porch or inside from the abundant windows from the loft, main level, and/or walkout basement. EJ water supplies water inside and the well supplies water outside. The ground is a mixture of income producing farm land and huntable recreation ground. The inside was completed in 2020, so interior and mechanicals are like new. Come take a look! Estimated property taxes with 1 exemption (owner occupied) on parcel -009 is $4,033 making the estimation on the joined two parcels about $4,151.
11/15/2025
$18,000
0.45 ac.
ACTIVE
Shelby County - 220 Beyers Lake Estates, Dunkel, IL
Motivated Seller, BRING ALL OFFERS! Golf lovers: Oak Terrace Resort and Spa in Pana, Illinois- Lot 220 For Sale. Beautiful treed, buildable lot, approx .45 acre, overlooking the signature 15th hole, part of the Shotmaker's Mile. This is an 18 hole champion-style golf course. Many amenities available: Spa, Mulligans Restaurant, Wedding Venue, 60 acre lake, RV Park, hotel. The water main runs by the property.
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