Commercial

Charleston, IL Commercial Land for Sale

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Mattoon, IL Pekin, IL Ashmore, IL Kansas, IL Oakland, IL Arcola, IL Casey, IL Neoga, IL
Corner Lot Ready for Development
Updated: Feb 21, 2024
Corner Lot Ready for Development

749 West State Street, Charleston, IL 61920

$99,900
57,499 sqft 1.30 AC lot
1.3 Acre corner lot ready for development.
All utilities are available.
Zoning is light industrial.
High traffic count: over 6,000 cars/day.
Potential to combine with adjacent lot for over 2 acres.
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31 Acres Commercial Property
Updated: Oct 27, 2024
31 Acres Commercial Property

Lincoln Ave, Charleston, IL 61920

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31.00 AC lot
Over 31 acres of commercial property suitable for business growth.
Zoned C‑2 General Commercial, consistent with Lincoln Avenue in Charleston.
Potential for division into multiple parcels for development.
Located east of the Charleston Walmart.
Access to Hawthorne Drive, Bostic Drive, and Harrison at the intersection of Rt 16.
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Corner Lot Redevelopment Opportunity
Corner Lot Redevelopment Opportunity

915 Lincoln Ave, Charleston, IL 61920

$278,000
0.64 AC lot

Commercial parcels available for redevelopment on busy Lincoln Avenue.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Charleston, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Corner Commercial Land Lot
Corner Commercial Land Lot

111 Poplar St, Ashmore, IL 61912

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0.32 AC lot

Corner lot available in an Enterprise Zone, with potential tax abatement programs subject to approval.

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Corner Development Land Opportunity
Corner Development Land Opportunity

214 N Illinois St, Ashmore, IL 61912

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Corner lot in Ashmore’s Enterprise Zone, offering residential or commercial development options.

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Commercial Land Parcel
Commercial Land Parcel

Lot 16 Lerna Road, Mattoon, IL 61938

$174,339

Identified as Lot 16 within the Buxton Center commercial property group.

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Commercial Land Parcel
Commercial Land Parcel

Lot 20 Lerna Road, Mattoon, IL 61938

$412,943

Commercial lot within Buxton Center, offered for sale as part of a 21-property commercial offering.

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Charleston, IL Commercial Land Market Trends and Statistics

Explore 3 commercial land for sale in Charleston, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 1,434,866 square feet of properties for sale, with an estimated market value of $377,900.

Sale prices for commercial lots in Charleston, IL start at $99,900, averaging $188,950, and reaching up to $278,000 — 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

Residential land & home lots 16
Commercial land 6
Agricultural land / Farmland 1
Hunting land 1
Industrial land 1

Demographics Overview

Population 21K
Population Growth (5Y) -13.7%
Median Household Income $54,229
College Educated 50.7%

High-Yield Neighborhoods for Investment

Identify Charleston submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
61920 $189K

Taxes & Financing

Tax Rate (average for all types) 8.14%
Tax Rate vs County Average 0.46 pp above county avg
Average Loan-to-Value 65.0%

Property Size Breakdown

The majority of commercial real estate listings in Charleston fall within the under-1-acre range.

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