Mattoon, IL Commercial Real Estate for Sale

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O’Reilly Auto Parts NNN Property
Updated: Aug 8
O’Reilly Auto Parts NNN Property

701 Charleston Ave, Mattoon, IL 61938

$1,557,000
7,150 sqft
7,150‑square‑foot retail property occupied by O’Reilly Auto Parts
10 years of remaining lease term
Corporate guarantee from O’Reilly Automotive, Inc.
Four 5‑year renewal options
6% scheduled rental increases every five years
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Modern Strip Mall For Sale
Updated: Apr 20
Modern Strip Mall For Sale

905 Remington Road, Mattoon, IL 61938

$2,500,000
9,938 sqft 2.38 AC lot
Excellent location with great access to the interstate, big box stores, and restaurants.
Modern construction: Built in 2017.
Substantial building size: 9,938 square feet.
Large lot size: 2.38 acres.
Equipped with 3‑phase electric power.
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Retail Storefront with Living Quarters
Retail Storefront with Living Quarters

712 Lake Land Boulevard, Mattoon, IL 61938

$419,850
8,000 sqft

Commercial property with overhead doors, substantial storage, parking, and living quarters.

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Retail Building on Charleston Avenue
Retail Building on Charleston Avenue

1400 Charleston Ave |, Mattoon, IL 61938

$500,000
25 sqft

Retail building leased to a national tenant in Mattoon, Illinois.

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Refurbished Office Space
Refurbished Office Space

1013 S 19th St, Mattoon, IL 61938

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4,800 sqft

Recently refurbished office unit with private offices, conference rooms, pre-wired workstations, and dedicated data room.

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Single-Tenant CVS Pharmacy
Single-Tenant CVS Pharmacy

1316 Charleston Ave, Mattoon, IL 61938

Contact for pricing
15,748 sqft 1.38 AC lot

Single-tenant CVS pharmacy on a 1.38-acre lot with frontage on Charleston Avenue.

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Retail, Office
Retail, Office

123 North 15th Street, Mattoon, IL 61938

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14,588 sqft

Office Units · 14,588 SF

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Freestanding NNN Retail Property
Freestanding NNN Retail Property

317 Lake Land Blvd, Mattoon, IL 61938

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6,914 sqft

Fully occupied automotive retail building with an NNN lease structure and renewal options.

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Spacious Retail Property with Living
Spacious Retail Property with Living

712 Lake Land Blvd, Mattoon, IL 61938

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7,784 sqft

Large retail space with living quarters and ample storage.

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Self-Service Laundry Retail Space
Self-Service Laundry Retail Space

3201 Marshall Ave, Mattoon, IL 61938

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1,500 sqft

Freestanding retail property with existing laundry infrastructure and a fully unattended operating model.

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Industrial and Office Flex Facility
Industrial and Office Flex Facility

1501 S 15th St, Mattoon, IL 61938

Contact for pricing
238,672 sqft

Industrial and office flex space includes 16'-22'4" clear heights and several overhead doors.

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Brick Office Building with Parking
Brick Office Building with Parking

801 Broadway Avenue, Mattoon, IL 61938

$640,000

All-brick office buildings from 2000 and 2004 with renovated interiors from 2021 and 2022, plus on-site parking.

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Modern Flex Space For Sale
Modern Flex Space For Sale

3121 Marshall Ave, Mattoon, IL 61938

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2,448 sqft

Flex space building constructed in 2017 with high traffic location.

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Freestanding Restaurant Building with Parking
Freestanding Restaurant Building with Parking

224 Richmond Ave E, Mattoon, IL 61938

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5,800 sqft 1.22 AC lot

Freestanding restaurant building renovated in 2016, with parking lot upgrades completed in 2023.

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Two-Story Office Suite Corner
Two-Story Office Suite Corner

901 Charleston Ave, Mattoon, IL 61938

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5,868 sqft

Two-level office space offers natural light, private offices, a waiting area, and separate front and rear access.

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Retail Building in Mattoon, Illinois
Retail Building in Mattoon, Illinois

1401 Charleston Ave, Mattoon, IL

Contact for pricing
25,000 sqft 0.48 AC lot

Retail building leased to a national tenant for sale.

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Multi-Family and Commercial Investment
Multi-Family and Commercial Investment

4211 & 4213 Lake Land Blvd, Mattoon, IL 61938

Contact for pricing
53,579 sqft

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

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Flexible Two-Level Office Building
Flexible Two-Level Office Building

2300 Champaign Ave, Mattoon, IL 61938

$120,000

Multi-room layout includes meeting space, a kitchenette, separate restrooms, and on-site parking.

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Medical Building Near Clinic
Medical Building Near Clinic

220 Richmond Ave E, Mattoon, IL 61938

$190,000
0.62 AC lot

Professional medical building with long-term lease opportunities.

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Former KFC Investment Property
Former KFC Investment Property

1000 Charleston Ave, Mattoon, IL

Contact for pricing
2,449 sqft 0.48 AC lot

Former KFC property in Mattoon, Illinois, for sale.

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Church and Classroom Facility
Church and Classroom Facility

2220 Champaign Ave, Mattoon, IL 61938

$130,000

Church property with a large sanctuary, multiple classrooms and multipurpose rooms, and ample parking for attendees and staff.

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Versatile Commercial Space with Visibility
Versatile Commercial Space with Visibility

701 N 22nd St, Mattoon, IL 61938

$114,000
0.23 AC lot

Commercial storefront with overhead doors and high traffic visibility.

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Valvoline Corporate Lease Investment Opportunity
Valvoline Corporate Lease Investment Opportunity

700 Broadway Ave E, Mattoon, IL 61938

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New, long-term corporate lease with options in Mattoon, Illinois.

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Storefront Property with Tall Ceilings
Storefront Property with Tall Ceilings

1109 Broadway Ave, Mattoon, IL 61938

$75,000

Open commercial layout with additional rear buildings and on-site parking.

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Mattoon, IL Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Mattoon, IL, showcased through 42 active listings on our real estate platform. These investment opportunities span a total of 445,318 square feet of properties for sale, with an estimated market value of $7,776,516.

Sale prices for business properties in Mattoon, IL start at $44,640, averaging $486,032, and reaching up to $2,500,000 — 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 20K
Population Growth (5Y) -6.4%
Median Household Income $54,288
College Educated 31.1%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
61938 $387.4K

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 100,000+ square foot range.

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