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    Effingham, IL
    Flex Space

    Effingham, IL Flex Space for Sale

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    Teutopolis, IL Shumway, IL Altamont, IL Montrose, IL Wheeler, IL Neoga, IL Beecher City, IL Newton, IL
    Heated Flex Building with Office
    Updated: Jan 31, 2025
    Heated Flex Building with Office

    1007 S Cherry St, Effingham, IL 62401

    $284,000
    48 x 54‑foot insulated metal building with 14‑foot ceilings
    14‑foot‑tall x 15‑foot‑wide overhead door with opener
    Attached 26 x 36‑foot heated block building
    Main building includes a bathroom and office
    110 feet of road frontage on Cherry St
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    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Effingham, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Flex Building with Office and Garage
    Flex Building with Office and Garage

    18 Broadway Street, Herrick, IL 62431

    $52,000
    1,600 sqft

    Commercial electric and water service are in place, with plumbing for two bathrooms.

    View details
    Renovated Flex Building with Garage
    Renovated Flex Building with Garage

    18 Broadway Street, Herrick, IL 62431

    $52,000
    0.82 AC lot

    The property includes office and garage areas with commercial electric and water service.

    View details
    Flex Property with Two Buildings
    Flex Property with Two Buildings

    2822 N County Road 330e, Mattoon, IL 61938

    Contact for pricing
    15.00 AC lot

    Two commercial structures combine work areas, office space, storage access, and open acreage for a range of business operations.

    View details
    Flex Space with Overhead Doors
    Flex Space with Overhead Doors

    2109 Lake Land Blvd., Mattoon, IL 61938

    Contact for pricing
    1.76 AC lot

    Versatile commercial property combines warehouse capacity, office areas, and a detached garage on a sizable parcel.

    View details

    Effingham, IL Flex Space Market Trends and Statistics

    Explore 1 flex space for sale in Effingham, IL on our real estate platform.

    Sale prices for business spaces in Effingham, IL average $284,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Distribution centers 1
    Flex space 1
    Manufacturing properties 1

    Demographics Overview

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

    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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