Skip to main contentSkip to navigation
1 / 20
Images
Map

1 Acre of Residential Land for Sale in Martinsville, Illinois

15508 N 400th St, Martinsville, IL 62442

$99,000
1 acre
Active
ago
Est $742/mo

Escape to the lake with this 1.08-acre waterfront lot on scenic Forest Lake. Featuring an impressive 192(approx.) feet of shoreline on a 19.2-acre private lake, this property is the perfect setting for fishing, boating, relaxing, and building your dream getaway. Forest Lake is fully stocked with bass, crappie, bluegill and Catfish, making it a year-round destination for outdoor enthusiast. The property includes a 45x70 insulated arched steel building wired for electricity. Durable low maintenance, its perfect for storing Rvs, Boats, tools or transforming into a workshop or recreational space. With water and electricity already in place this lot is ready for you to build your dream home or set up your camper today-no waiting required.

Location

Street address
15508 N 400th St
Elevation
648 feet
Coordinates
39.3559, -87.9375

Directions

Turn North on Snake trail Rd. off of US Hwy 40. Turn right on Couty Rd. 470 E. Turn left on County Rd. 1550 N. Continue into Lake Forrest Estate and Turn Left onto Lake Forrest Dr. Property is Lot 28 on left.

Property details

Acreage
1.08 acres
Zoning
Residential
MLS #
PAAR CA1041952
Posted

Property taxes

2023
$892

Parcels

  • 12-06-27-07-203-028

Legal description

Details and features

Listing

Type
Land

Lot

Features
Lake View, Moderate Trees, Pond/ Lake

Exterior

Features
Mac Hine Shed

Structure

Water
Public

Property utilities

CategoryTypeStatus
PowerGridAvailable

Nearby schools

NameType
Casey-WestfieldHigh

Listing history

DateEventPriceChangeSource
Feb 25, 2026New listing$99,000PAAR
Subscribe to listing updates

Payment calculator

This 1.08-acre property is located at 15508 N 400th St in Martinsville, IL 62442. The property is available for sale for $99,000 with a price per acre of $91,667.

Checked 1 hour ago — Updated

Report listing issue

Copyright (C) 2026 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Contact listing agent Rules
By submitting, I agree to the terms of use and to be contacted by real estate professionals. Message and data rates may apply.
Contact