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    1000 Charleston Ave Mattoon, IL 61938

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    For Sale
    $550,000

    Former KFC property in Mattoon, Illinois, for sale.

    Property size:
    2,449 SF
    Lot size:
    0.48 Acres

    Property Features for 1000 Charleston Ave

    General Information

    Size
    2,449 SF
    Lot size
    0.48 Acres

    Source: SRS Industrial - Newport Beach Agent Patrick R. Luther, CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Former KFC Investment Property

    This property, formerly a KFC restaurant, is available for purchase in Mattoon, Illinois. The site offers an opportunity for an owner-user or redevelopment. The building's design is suited for a quick-service restaurant and includes a drive-thru. The property size is 2449 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    KFC Chicken Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mattoon
    County
    Coles
    State
    Illinois
    Longitude
    -88.3660807
    Latitude
    39.4818591

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    FAQs

    What type of property is this?
    Drive through restaurant - Former KFC property in Mattoon, Illinois, for sale.
    Where is this drive through restaurant located?
    The property is located at 1000 Charleston Ave Mattoon, IL.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: - Excellent owner-user or redevelopment opportunity with tremendous upside.; - Ideal QSR design capable of supporting a national fast-food brand.; - Equipped with a drive-thru, providing ease and convenience for consumers.
    (949) 698-1100
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    1000 Charleston Ave Mattoon, IL 61938
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    Mattoon, IL 61938
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1000 Charleston Ave Mattoon, IL 61938
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