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    Mattoon, IL

    Mattoon, IL Commercial Real Estate for Sale

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    19 properties
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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.
    View details
    Retail Building in Mattoon, Illinois
    Updated: Sep 1, 2025
    Retail Building in Mattoon, Illinois

    1401 Charleston Ave, Mattoon, IL

    $500,000
    25,000 sqft · 0.48 AC lot
    National tenant provides a reliable income stream.
    Investment grade tenant ensures stability.
    Seven‑year gross lease offers long‑term security.
    Retail building in a visible location.
    Fee simple interest.
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    Former KFC Investment Property
    Former KFC Investment Property

    1000 Charleston Ave, Mattoon, IL

    $550,000
    2,449 sqft · 0.48 AC lot

    Former KFC property in Mattoon, Illinois, for sale.

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    Valvoline Corporate Lease Investment Opportunity
    Valvoline Corporate Lease Investment Opportunity

    700 Broadway Ave E, Mattoon, IL 61938

    $1,195,000

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

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    Retail, Office
    Retail, Office

    123 North 15th Street, Mattoon, IL 61938

    $1,100,000
    14,588 sqft

    Office Units · 14,588 SF

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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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    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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    Spacious Retail Property with Living
    Spacious Retail Property with Living

    712 Lake Land Blvd, Mattoon, IL 61938

    $439,000
    7,784 sqft

    Large retail space with living quarters and ample storage.

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    Modern Flex Space For Sale
    Modern Flex Space For Sale

    3121 Marshall Ave, Mattoon, IL 61938

    $315,000
    2,448 sqft

    Flex space building constructed in 2017 with high traffic location.

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

    4211 & 4213 Lake Land Blvd, Mattoon, IL 61938

    $750,000
    53,579 sqft

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

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    Commercial Office Space For Sale
    Commercial Office Space For Sale

    201 N Logan St, Mattoon, IL 61938

    $289,900
    0.30 AC lot

    Commercial office space on high traffic street, investment opportunity.

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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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    Turnkey Investment Property with Expansion Potential
    Turnkey Investment Property with Expansion Potential

    921 Lake Land Blvd, Mattoon, IL 61938

    $495,000
    0.48 AC lot

    Leased retail spaces with vacant lot for future development.

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    Prime Land on Charleston Avenue
    Prime Land on Charleston Avenue

    800 Charleston Ave, Mattoon, IL 61938

    $165,000
    0.48 AC lot

    Commercial land with utilities and excellent access in Mattoon.

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    Historic Church in Downtown Mattoon
    Historic Church in Downtown Mattoon

    1600 Wabash Ave., Mattoon, IL 61938

    $385,000
    20,877 sqft

    Spacious church with meeting rooms, kitchen, and parking lot.

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    Commercial Land Near Public Park
    Commercial Land Near Public Park

    3121 Commercial Ave, Mattoon, IL 61938

    Contact for pricing

    Commercial land for sale, located near a public park.

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    New Dollar General Plus Store
    New Dollar General Plus Store

    1717 Lake Land Blvd, Mattoon, IL 61938

    $2,124,439
    10,566 sqft

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

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    Former Bank Building Near Mall
    Former Bank Building Near Mall

    402 Richmond Ave E, Mattoon, IL 61938

    Contact for pricing
    1,806 sqft · 1.60 AC lot

    1,806 SF former bank building on 1.6 AC for sale.

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    Retail Outlots Near Cross County Mall
    Retail Outlots Near Cross County Mall

    700 Broadway Ave, Mattoon, IL 61938

    Contact for pricing
    1,806 sqft · 1.60 AC lot

    Outlots and freestanding building near major retailers and sports complex.

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    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 19 Active Listings in Mattoon, IL, we suggest to view alternatives - similar 53 Off-Market properties to explore as potential leads.

    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.

    901 Charleston Ave
    COMMERCIAL (GENERAL)

    901 Charleston Ave, Mattoon, IL 61938-4242

    Value Estimation by Request
    0.32 AC lot
    View details
    2501 Broadway Ave
    COMMERCIAL (GENERAL)

    2501 Broadway Ave, Mattoon, IL 61938-3825

    Value Estimation by Request
    0.15 AC lot
    View details
    500 Shelby Ave
    COMMERCIAL (GENERAL)

    500 Shelby Ave, Mattoon, IL 61938

    Value Estimation by Request
    0.41 AC lot
    View details
    6040 Lerna Rd
    COMMERCIAL (GENERAL)

    6040 Lerna Rd, Mattoon, IL 61938-8557

    Value Estimation by Request
    5.44 AC lot
    View details
    Mattoon, IL 61938
    COMMERCIAL (GENERAL)

    Mattoon, IL 61938

    $805,000
    Estimated value
    2.00 AC lot
    View details

    Mattoon, IL Commercial Real Estate Market Trends and Statistics

    Explore 72 commercial real estate for sale in Mattoon, IL, showcased through 19 active listings on our real estate platform. These investment opportunities span a total of 147,254 square feet of properties for sale, with an estimated market value of $9,163,439.

    Sale prices for business properties in Mattoon, IL start at $315,000, averaging $916,343, 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 $966.5K

    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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