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    Effingham, IL
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    Effingham, IL Commercial Real Estate for Sale

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    Altamont, IL Wheeler, IL Beecher City, IL
    Medical Condo Office Units
    $1,200,000
    6,000 SF
    Medical Condo Office Units

    401 North Keller Drive, Effingham, IL 62401

    Two middle condo suites totaling 6,000 SF, with one vacant and ready for occupancy in an established healthcare-anchored center.
    • Two middle condo suites totaling 6,000 SF in a healthcare‑anchored center
    • Suite 2 is 2,000 SF and currently vacant, ready for occupancy
    • Suite 3 is occupied by Carle Clinic, a regional healthcare provider
    • Carle Clinic has been a long‑standing tenant since the center was constructed in 2010
    • NOI for 2025 was $87,320, with Suite 2 vacant for the last four months of 2025
    Updated: Jun 2
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    High-Traffic Drive-Thru Investment Opportunity
    $1,250,000
    600 SF
    High-Traffic Drive-Thru Investment Opportunity

    406 N Keller Dr, Effingham, IL 62401

    NNN leased drive-thru property with high visibility on a highway.
    • Hands‑off NNN lease structure eliminates landlord responsibilities, providing passive income.
    • High‑traffic highway location ensures superior visibility and easy commuter access.
    • Tenant is The Human Bean, a leader in the specialty coffee industry.
    • Purpose‑built drive‑thru design.
    • Turnkey opportunity ideal for 1031 exchange investors.
    Updated: Feb 28
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    Prime Development Land For Sale
    $4,424,000
    91.00 Acres
    Prime Development Land For Sale

    Development land zoned M-1 Light Industrial/B-2 Commercial available for sale.

    S Banker St, Effingham, IL

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    Commercial Outlot Near Rural King
    Contact for pricing
    2.00 Acres
    Commercial Outlot Near Rural King

    2 AC divisible outlot near Rural King on US Route 45.

    201 Walk Ave, Effingham, IL 62401

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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 4 Active listings in Effingham, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 68 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

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

    Downtown Shelbyville Commercial Building
    $799,000
    7,768 SF
    Downtown Shelbyville Commercial Building

    Remodeled commercial building in downtown Shelbyville with flexible space.

    200 N Morgan Street Shelbyville IL 62565, Shelbyville, IL 62565

    View details
    Convenience Store Near Coon Creek Campground
    $199,900
    1,992 SF
    Convenience Store Near Coon Creek Campground

    Turn-key convenience store and bait shop near Lake Shelbyville.

    1643 County Highway 42, Shelbyville, IL 62565

    View details
    Multi-Family and Commercial Investment
    $750,000
    53,579 SF
    Multi-Family and Commercial Investment

    19-unit multi-family and commercial property with consistent gross revenue.

    4211 & 4213 Lake Land Blvd, Mattoon, IL 61938

    View details
    New Dollar General Plus Store
    $2,124,439
    10,566 SF
    New Dollar General Plus Store

    New 10,566 SF Dollar General Plus store in Illinois.

    1717 Lake Land Blvd, Mattoon, IL 61938

    View details

    Off-Market Properties in Effingham, IL

    Consider similar Off-Market properties in Effingham, 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.

    401 4th St
    COMMERCIAL (GENERAL)
    6,048 SF Lot: 0.24 Acres
    Value Estimation by Request

    401 4th St, Effingham, IL 62401-3367

    View details
    1412 Fayette Ave
    COMMERCIAL (GENERAL)
    41,731 SF Lot: 4.73 Acres
    Value Estimation by Request

    1412 Fayette Ave, Effingham, IL 62401-1915

    View details
    301 Virginia Ave
    COMMERCIAL (GENERAL)
    1,680 SF Lot: 0.32 Acres
    Value Estimation by Request

    301 Virginia Ave, Effingham, IL 62401-2255

    View details
    1714 Banker St
    COMMERCIAL (GENERAL)
    Lot: 1.28 Acres
    Estimated value
    $2,815,000

    1714 Banker St, Effingham, IL 62401-2746

    View details
    709 Wabash Ave
    COMMERCIAL (GENERAL)
    33,927 SF Lot: 2.06 Acres
    Value Estimation by Request

    709 Wabash Ave, Effingham, IL 62401-2605

    View details
    1606 Fayette Ave
    COMMERCIAL (GENERAL)
    23,044 SF Lot: 1.23 Acres
    Estimated value
    $1,685,000

    1606 Fayette Ave, Effingham, IL 62401-1917

    View details
    3rd St
    COMMERCIAL (GENERAL)
    Lot: 8.29 Acres
    Value Estimation by Request

    3rd St, Effingham, IL 62401

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    307 Miracle Ave
    COMMERCIAL (GENERAL)
    3,000 SF Lot: 0.63 Acres
    Value Estimation by Request

    307 Miracle Ave, Effingham, IL 62401

    View details
    119 Illini Dr
    COMMERCIAL (GENERAL)
    3,282 SF Lot: 0.30 Acres
    Value Estimation by Request

    119 Illini Dr, Effingham, IL 62401-1973

    View details
    711 Fayette Ave
    COMMERCIAL (GENERAL)
    12,858 SF Lot: 0.92 Acres
    Value Estimation by Request

    711 Fayette Ave, Effingham, IL 62401-3602

    View details
    1613 Banker St
    COMMERCIAL (GENERAL)
    7,540 SF Lot: 0.79 Acres
    Value Estimation by Request

    1613 Banker St, Effingham, IL 62401

    View details
    613 Clark Ave
    COMMERCIAL (GENERAL)
    624 SF Lot: 0.22 Acres
    Value Estimation by Request

    613 Clark Ave, Effingham, IL 62401-2622

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    110 Henrietta St
    COMMERCIAL (GENERAL)
    4,617 SF Lot: 0.54 Acres
    Value Estimation by Request

    110 Henrietta St, Effingham, IL 62401-1946

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    110 Henrietta St
    COMMERCIAL (GENERAL)
    2,478 SF Lot: 0.13 Acres
    Value Estimation by Request

    110 Henrietta St, Effingham, IL 62401-1823

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    1210 Banker St
    COMMERCIAL (GENERAL)
    4,760 SF Lot: 0.72 Acres
    Estimated value
    $535,000

    1210 Banker St, Effingham, IL 62401-2710

    View details
    7729 Us Hwy 45
    COMMERCIAL (GENERAL)
    3,000 SF Lot: 1.47 Acres
    Value Estimation by Request

    7729 Us Hwy 45, Effingham, IL 62401-5972

    View details
    404 Edgar Ave
    COMMERCIAL (GENERAL)
    2,640 SF Lot: 0.14 Acres
    Value Estimation by Request

    404 Edgar Ave, Effingham, IL 62401-2693

    View details
    1200 Niccum Ave
    COMMERCIAL (GENERAL)
    232,304 SF Lot: 12.66 Acres
    Estimated value
    $6,995,000

    1200 Niccum Ave, Effingham, IL 62401-4217

    View details
    420 Industrial Ave
    COMMERCIAL (GENERAL)
    Lot: 3.14 Acres
    Estimated value
    $7,000,000

    420 Industrial Ave, Effingham, IL 62401-2834

    View details
    Banker St
    COMMERCIAL (GENERAL)
    Lot: 2.48 Acres
    Estimated value
    $7,000,000

    Banker St, Effingham, IL 62401

    View details

    Effingham, IL Commercial Real Estate Investment Opportunities Market Analysis

    Explore 72 commercial real estate for sale in Effingham, IL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 600 square feet of properties for sale, with an estimated market value of $1,250,000.

    Sale prices for business properties in Effingham, IL start at $1,250,000, averaging $1,250,000, and reaching up to $1,250,000 — 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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    Demographics Overview

    Population 19K
    Population Growth (5Y) +3.5%
    Median Household Income $76,098
    College Educated 39.5%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    62401 $2.6M

    Taxes & Financing

    Tax Rate (average for all types) 6.21%
    Property Tax per SF $98.34 per SF
    Average Loan-to-Value 65.0%

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