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Mattoon, IL Banks for Sale

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Former Bank Building Near Mall
Updated: Jul 11, 2024
Former Bank Building Near Mall

402 Richmond Ave E, Mattoon, IL 61938

Contact for pricing
1,806 sqft 1.60 AC lot
High‑traffic location across from Cross County Mall, a primary shopping destination.
Proximity to Emerald Acres Sports Connection, a $100M sports complex projected to draw significant visitors and spending.
Large 1.6 AC lot provides ample space for various uses.
Located on Richmond Avenue, connecting the commercial district and residential areas.
Former bank building offers 1,806 SF of existing structure.
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Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 1 Active listings in Mattoon, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Drive-Through Restaurant Building
Drive-Through Restaurant Building

300 N Main Street, Jacksonville, IL 62650

$80,000
576 sqft

Former drive-through bank with two connected work areas and a usable basement, plus multiple canopy-covered drive-through lanes.

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Downtown Peoria Commercial Property
Downtown Peoria Commercial Property

2119 SW Adams St, Peoria, IL

$269,000
23,684 sqft 1.64 AC lot

23,684 SF commercial property with ample parking in Peoria, IL.

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High Exposure Retail/Restaurant Opportunity
High Exposure Retail/Restaurant Opportunity

1801 W Morton Ave, Jacksonville, IL 62650

$395,000
1,226 sqft

Ideal for bank, drive-thru restaurant, or small retail.

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Freestanding Commercial Building For Sale
Freestanding Commercial Building For Sale

4100 W Willow Knolls Dr, Peoria, IL 61615

$599,000
2,980 sqft

2,980 SF commercial building on a prime corner.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Richmond, KY Out Parcel Land
Richmond, KY Out Parcel Land

2072 Merchant Drive, Richmond, KY 40475

$1,400,000
1.71 AC lot

1.71 acre outparcel ideal for retail, restaurant, or office.

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Hard-Lighted Corner Development Site
Hard-Lighted Corner Development Site

-- Highway 412, E Kenwood, Siloam Springs, AR 72761

$735,000
8,252 sqft 1.47 AC lot

Entitled, turn-key development parcel with hard-lighted corner and highway frontage off Hwy 412 for multiple commercial uses.

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Commercial Land in Terrytown
Commercial Land in Terrytown

121 Holmes Boulevard, Terrytown, LA 70056

$65,000

Vacant commercial land ready for development in Terrytown, Louisiana.

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Cape Coral Commercial Land Opportunity
Cape Coral Commercial Land Opportunity

Del Prado Blvd N & De Navarra Pkwy, Cape Coral, FL 33909

$1,692,300
2.59 AC lot

Corner property near US 41, approved for development.

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Off-Market Properties in Mattoon, IL

Consider similar Off-Market properties in Mattoon, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

402 Richmond Ave
Individual retail properties

402 Richmond Ave, Mattoon, IL 61938

Value Estimation by Request
1,806 sqft 1.60 AC lot
View details
402 Richmond Ave
Individual retail properties

402 Richmond Ave, Mattoon, IL 61938

Value Estimation by Request
1,806 sqft 1.60 AC lot
View details

Mattoon, IL Banks Market Trends and Statistics

Explore 3 banks for sale in Mattoon, IL on our real estate platform. These investment opportunities span a total of 1,806 square feet of properties for sale, with an estimated market value of $0.00.

Sale prices for bank buildings in Mattoon, IL start at $0.00, averaging $0.00, and reaching up to $0.00 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Shopping centers 5
Automotive properties 2
Banks 2
Storefront properties 2
Auto shops 1

Demographics Overview

Population 20K
Population Growth (5Y) -6.4%
Median Household Income $54,288
College Educated 31.1%

Taxes & Financing

Tax Rate (average for all types) 7.54%
Tax Rate vs County Average 0.14 pp below county avg
Average Loan-to-Value 65.0%

Property Size Breakdown

The majority of commercial real estate listings in Mattoon fall within the 50,000 to 100,000 square foot range.

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