Create the lifestyle you’ve been dreaming of on this beautiful 5 acre parcel located in the sought after Cerro Gordo School District. Whether you’re envisioning a custom built home, a barndominium, or a peaceful country getaway, this property offers the ideal setting to bring your plans to life. Approximately two acres provide excellent potential for a mini farm, hobby acreage, or even income producing ground. A 1,200 square foot outbuilding, constructed in 2023, adds incredible value and character with reclaimed barn wood salvaged from the original structure that once stood on the property. The building is insulated and features a 12 foot overhead door perfect for storing equipment, recreational vehicles, or workshop space.
Significant groundwork has already been completed, including 400-amp electrical service run to the outbuilding, allowing for an easy split when you’re ready to build your future home. The well is approximately 130 feet deep and is marked with a white pole just north of the restored windmill that identifies the property. Located just 10 miles from Decatur, you’ll enjoy the privacy of rural living with convenient access to east side shopping and everyday essentials.
Lot/land
Price cut: $5.1K (3/30)
$179,900
4365 N Oakley Rd, Oakley, IL 62501
--beds
0baths
5Acres
Unimproved Land
Built in ----
5 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 64 days |
- 526 |
- 28 |
Zillow last checked:
Listing updated:
Listed by:
Kristina Frost 217-422-3335,
Main Place Real Estate
Source: CIBR,MLS#: 6257294
Originating MLS: Central Illinois Board Of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Interior area
- Total structure area: 0
- Finished area above ground: 0
Property
Lot
- Size: 5 Acres
Details
- Parcel number: 140825200019
- Zoning: AGR
- Special conditions: None
- Wooded area: 0
Utilities & green energy
- Sewer: None
- Water: Well
- Utilities for property: Electricity Connected, Septic Available, Sewer Not Available
Community & HOA
Location
- Region: Oakley
Financial & listing details
- Tax assessed value: $1,131
- Annual tax amount: $87
- Date on market: 2/25/2026
- Cumulative days on market: 65 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 3/30/2026 | Price change | $179,900-2.8% |
Source: | ||
| 2/25/2026 | Listed for sale | $185,000 |
Source: | ||
| 2/13/2026 | Listing removed | $185,000 |
Source: | ||
| 2/5/2026 | Listed for sale | $185,000 |
Source: | ||
| 1/6/2026 | Contingent | $185,000 |
Source: | ||
| 1/6/2026 | Listed for sale | $185,000-1.6% |
Source: | ||
| 12/26/2025 | Listing removed | $188,000 |
Source: | ||
| 8/9/2025 | Contingent | $188,000 |
Source: | ||
| 7/25/2025 | Listed for sale | $188,000+291.7% |
Source: | ||
| 10/19/2021 | Sold | $48,000+28% |
Source: Public Record Report a problem | ||
| 3/5/2007 | Sold | $37,500 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $87 +3.8% | $1,131 +7% |
| 2023 | $84 +5.7% | $1,057 +6.8% |
| 2022 | $79 +4.5% | $990 +6.6% |
| 2021 | $76 +7.5% | $929 +6.3% |
| 2020 | $71 +3.5% | $874 +5.4% |
| 2019 | $68 +6.3% | $829 +6.8% |
| 2018 | $64 +4.4% | $776 +5.9% |
| 2017 | $61 +8.7% | $733 +5.3% |
| 2016 | $56 +6.3% | $696 +5.3% |
| 2015 | $53 +6.6% | $661 +3.8% |
| 2014 | $50 | $637 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 62501
Nearby schools
GreatSchools rating
- 7/10Cerro Gordo Elementary SchoolGrades: PK-5Distance: 4.1 mi
- 8/10Cerro Gordo High SchoolGrades: 6-12Distance: 4.2 mi
Schools provided by the listing agent
- District: Cerro Gordo Dist 100
Source: CIBR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Illinois
- Macon County
- Argenta
- 62501
- 4365 N Oakley Rd


