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    Mattoon, IL

    Mattoon, IL Commercial Real Estate for Sale

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    29 properties
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    Retail Building on Charleston Avenue
    Updated: Sep 12, 2025
    Retail Building on Charleston Avenue

    1400 Charleston Ave |, Mattoon, IL 61938

    $500,000
    25 sqft
    National tenant provides stable income stream.
    Investment grade tenant minimizes risk.
    Seven‑year gross lease ensures predictable cash flow.
    Fee simple interest offers full ownership rights.
    Retail building provides tangible asset.
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    Freestanding NNN Retail Property
    Updated: Aug 10
    Freestanding NNN Retail Property

    317 Lake Land Blvd, Mattoon, IL 61938

    Contact for pricing
    6,914 sqft
    6,914‑square‑foot freestanding retail building built in 2015
    100% occupied by Advance Auto Parts
    NNN lease with landlord responsibility limited to structure and foundation
    Primary lease term expires August 31, 2030
    Three 5‑year renewal options
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    Spacious Retail Property with Living
    Spacious Retail Property with Living

    712 Lake Land Blvd, Mattoon, IL 61938

    Contact for pricing
    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

    Contact for pricing
    1,500 sqft

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

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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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    Reconstructed Drive-Through Restaurant
    Reconstructed Drive-Through Restaurant

    1209 Broadway Ave E, Mattoon, IL 61938

    Contact for pricing
    1.35 AC lot

    Freestanding corner facility offers restaurant improvements, drive-through infrastructure, parking, and signage along IL Route 16.

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    Office Units with Storage Buildings
    Office Units with Storage Buildings

    1321 Lake Land Blvd, Mattoon, IL 61938

    $225,000

    Two private offices are complemented by reception, display areas, and separate storage structures.

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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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    Specialty Property with High Ceilings
    Specialty Property with High Ceilings

    232 Richmond Ave E, Mattoon, IL 61938

    $189,900

    Includes a spacious reception area with elevated ceilings and bright interior illumination.

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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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    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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    A-Frame Retail Space
    A-Frame Retail Space

    3320 Marshall Avenue, Mattoon, IL 61938

    $99,900

    Open layout with vaulted ceilings, covered porch, parking, and existing salon fixtures.

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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

    Contact for pricing

    New, long-term corporate lease with options 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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    Historic Church in Downtown Mattoon
    Historic Church in Downtown Mattoon

    1600 Wabash Ave., Mattoon, IL 61938

    Contact for pricing
    20,877 sqft

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

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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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    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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    Commercial Land with Utilities
    Commercial Land with Utilities

    Lot 19 Lerna Road, Mattoon, IL 61938

    $609,840

    Commercial parcel with available utilities, public sewer, and curb improvements.

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    Commercial Land Parcel
    Commercial Land Parcel

    Lot 15 Lerna Road, Mattoon, IL 61938

    $175,836

    Lot 15 forms part of a 21-property commercial offering at Buxton Center.

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    Commercial Land Parcel
    Commercial Land Parcel

    Lot 06 Lerna Road, Mattoon, IL 61938

    $138,718

    Lot 6 is part of a 21-property commercial offering in Buxton Centre.

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    Commercial Land Parcel
    Commercial Land Parcel

    Lot 03 Lerna Road, Mattoon, IL 61938

    $113,091

    Lot 03 is part of the Buxton Centre commercial property offering.

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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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    Mattoon, IL Commercial Real Estate Market Trends and Statistics

    Explore 72 commercial real estate for sale in Mattoon, IL, showcased through 29 active listings on our real estate platform. These investment opportunities span a total of 248,930 square feet of properties for sale, with an estimated market value of $5,330,821.

    Sale prices for business properties in Mattoon, IL start at $44,640, averaging $253,848, and reaching up to $640,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    Mattoon, IL CRE market trends — vacancy, lease rates and price per SF, updated monthly
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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 $253.8K

    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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