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    Mattoon, IL
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    Mattoon, IL Commercial Real Estate for Sale

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    Charleston, IL Neoga, IL Arcola, IL
    14 results
    Retail Building in Mattoon, Illinois
    $700,000
    25,000 SF

    Retail Building in Mattoon, Illinois

    1401 Charleston Ave, Mattoon, IL

    Retail building leased to a national tenant for sale.

    • 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.
    Updated: Sep 1, 2025
    View details
    Retail Building on Charleston Avenue
    $500,000

    Retail Building on Charleston Avenue

    1400 Charleston Ave |, Mattoon, IL 61938

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

    • 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.
    Updated: Sep 12, 2025
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    Spacious Retail Property with Living
    $439,000
    7,784 SF

    Spacious Retail Property with Living

    Large retail space with living quarters and ample storage.

    712 Lake Land Blvd, Mattoon, IL 61938
    View details
    Modern Flex Space For Sale
    $315,000
    2,448 SF

    Modern Flex Space For Sale

    Flex space building constructed in 2017 with high traffic location.

    3121 Marshall Ave, Mattoon, IL 61938
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    High-Traffic Retail Location in Mattoon
    $1,795,000
    54,390 SF

    High-Traffic Retail Location in Mattoon

    54,390 SF retail building with high visibility and flexible space.

    204 Charleston Ave, Mattoon, IL 61938
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    Former KFC Investment Property
    $550,000
    2,449 SF

    Former KFC Investment Property

    Former KFC property in Mattoon, Illinois, for sale.

    1000 Charleston Ave, Mattoon, IL
    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
    Valvoline Corporate Lease Investment Opportunity
    $1,195,000

    Valvoline Corporate Lease Investment Opportunity

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

    700 Broadway Ave E, Mattoon, IL 61938
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    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
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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
    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
    Former Bank Building Near Mall
    Contact for pricing
    1,806 SF

    Former Bank Building Near Mall

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

    402 Richmond Ave E, Mattoon, IL 61938
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    Historic Church in Downtown Mattoon
    $385,000
    20,877 SF

    Historic Church in Downtown Mattoon

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

    1600 Wabash Ave., Mattoon, IL 61938
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    Retail Outlots Near Cross County Mall
    Contact for pricing
    1,806 SF

    Retail Outlots Near Cross County Mall

    Outlots and freestanding building near major retailers and sports complex.

    700 Broadway Ave, Mattoon, IL 61938
    View details
    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 14 Active listings in Mattoon, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 58 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.

    Turnkey Restaurant in Arcola, Illinois
    $325,000
    1,800 SF

    Turnkey Restaurant in Arcola, Illinois

    Vacant restaurant with full kitchen, tables, and chairs for sale.

    547 E Springfield Rd, Arcola, IL 61910
    View details
    Restaurant Building with Drive-Through
    $270,000
    3,600 SF

    Restaurant Building with Drive-Through

    3,600 SF restaurant building with drive-through and full kitchen.

    430 W State St, Charleston, IL 61920
    View details
    Corner Lot on Lincoln Avenue
    $278,000

    Corner Lot on Lincoln Avenue

    Commercial parcels on busy Lincoln Ave, great redevelopment opportunity.

    915 Lincoln Ave, Charleston, IL 61920
    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

    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

    901 Charleston Ave

    COMMERCIAL (GENERAL) • 0.32 Acres
    Value Estimation by Request
    901 Charleston Ave, Mattoon, IL 61938-4242
    View details
    2501 Broadway Ave

    2501 Broadway Ave

    COMMERCIAL (GENERAL) • 0.15 Acres
    Value Estimation by Request
    2501 Broadway Ave, Mattoon, IL 61938-3825
    View details
    500 Shelby Ave

    500 Shelby Ave

    COMMERCIAL (GENERAL) • 0.41 Acres
    Value Estimation by Request
    500 Shelby Ave, Mattoon, IL 61938
    View details
    6040 Lerna Rd

    6040 Lerna Rd

    COMMERCIAL (GENERAL) • 5.44 Acres
    Value Estimation by Request
    6040 Lerna Rd, Mattoon, IL 61938-8557
    View details
    Mattoon, IL 61938

    Mattoon, IL 61938

    COMMERCIAL (GENERAL) • 2.00 Acres
    Value Estimation
    $805,000
    Mattoon, IL 61938
    View details
    1321 Grant Ave

    1321 Grant Ave

    COMMERCIAL (GENERAL) • 0.16 Acres
    Value Estimation by Request
    1321 Grant Ave, Mattoon, IL 61938
    View details
    1400 Piatt Ave

    1400 Piatt Ave

    COMMERCIAL (GENERAL) • 4.50 Acres
    Value Estimation by Request
    1400 Piatt Ave, Mattoon, IL 61938-3072
    View details
    1400 Piatt Ave

    1400 Piatt Ave

    COMMERCIAL (GENERAL) • 0.50 Acres
    Value Estimation by Request
    1400 Piatt Ave, Mattoon, IL 61938-3072
    View details
    300 15th St

    300 15th St

    COMMERCIAL (GENERAL) • 0.32 Acres
    Value Estimation by Request
    300 15th St, Mattoon, IL 61938-3094
    View details
    3320 Dewitt Ave

    3320 Dewitt Ave

    COMMERCIAL (GENERAL) • 0.40 Acres
    Value Estimation by Request
    3320 Dewitt Ave, Mattoon, IL 61938-2297
    View details

    Mattoon, IL Commercial Real Estate Investment Opportunities Market Analysis

    Explore 72 commercial real estate for sale in Mattoon, IL, showcased through 14 active listings on our real estate platform. These investment opportunities span a total of 177,118 square feet of properties for sale, with an estimated market value of $7,558,439.

    Sale prices for business properties in Mattoon, IL start at $315,000, averaging $839,826, and reaching up to $2,124,439 — 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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    Property Size Breakdown

    The majority of commercial real estate listings in Mattoon fall within the 100,000+ square foot range.

    Demographics Overview

    Population 20K
    Population Growth (5Y) -6.4%
    Median Household Income $54,288
    College Educated 31.1%

    High-Yield Neighborhoods for Strategic Investment

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

    Neighborhood Average Price
    61938 $799.8K

    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%

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