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    Charleston, IL Commercial Land for Sale

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    Mattoon, IL Hindsboro, IL Arcola, IL
    Corner Lot on Lincoln Avenue
    $278,000
    Corner Lot on Lincoln Avenue

    915 Lincoln Ave, Charleston, IL 61920

    Commercial parcels on busy Lincoln Ave, great redevelopment opportunity.
    • Corner lot location on busy Lincoln Ave.
    • High traffic count of 16,000 cars per day.
    • Redevelopment opportunity.
    • Additional 9,200 sf of property available to the north.
    • Located in a transforming neighborhood.
    Updated: Jun 13, 2023
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    Charleston Commercial Outlot Opportunity
    Contact for pricing
    0.50 Acres
    Charleston Commercial Outlot Opportunity

    1475 18th St, Charleston, IL 61920

    0.5 AC outlot near Rural King and Eastern Illinois University.
    • Located on the corner of 18th Street and Lincoln Avenue (State Route 16) with high traffic counts (over 19,000 vehicles per day).
    • Located on the eastern edge of Eastern Illinois University, the city’s largest employer (8,630 students).
    • Part of the Charleston‑Mattoon micropolitan statistical area with a trade‑area population of 101,319.
    • Located near Rural King, Walmart, ALDI, and Great Clips.
    • 0.5 AC outlot available.
    Updated: Mar 9, 2021
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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 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.

    Development Land with Interstate Visibility
    Contact for pricing
    Development Land with Interstate Visibility

    7.27 acres of land suitable for immediate development.

    NW Quadrant Route 133/I-57, Arcola, IL 61910

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    Turnkey Investment Property with Expansion Potential
    $495,000
    0.48 Acres
    Turnkey Investment Property with Expansion Potential

    Leased retail spaces with vacant lot for future development.

    921 Lake Land Blvd, Mattoon, IL 61938

    View details
    Commercial Land Near Public Park
    Contact for pricing
    Commercial Land Near Public Park

    Commercial land for sale, located near a public park.

    3121 Commercial Ave, Mattoon, IL 61938

    View details
    Development Site with Interstate Visibility
    Contact for pricing
    7.27 Acres
    Development Site with Interstate Visibility

    7.27 acre development site with utilities and highway access.

    I-57 & Route 133, Arcola, IL 61910

    View details

    Charleston, IL Commercial Land Investment Opportunities Market Analysis

    Explore 2 commercial land for sale in Charleston, IL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $278,000.

    Sale prices for commercial lots in Charleston, IL start at $0.00, averaging $139,000, 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

    Commercial land 2
    Agricultural land / Farmland 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 $278K

    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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