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Reconstructed Drive-Through Restaurant
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1209 Broadway Ave E, Mattoon, IL 61938

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

Property Size3,198 SF
Lot Size1.35 Acres
Days on Market43

Property Features for 1209 Broadway Ave E

General Information

Standard status Active
Size 3,198 SF
Lot size 1.35 Acres
Property subtype Retail - Restaurant

Additional Details

Drive-Thru Yes

Building Details

Building Size 3,198 SF
Year Renovated 2021
Buildings 1
Listing Agency: Coldwell Banker Commercial Devonshire Realty
Listed By: Nick Ragle · License #475201147
Source: Commercialcafe
Added: Jul 20 Changed: Aug 30 Last Checked: Aug 30 at 1:23PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial Devonshire Realty

Investment Insights

Based on property information with market context.

Freestanding restaurant property at 1209 Broadway Avenue East in Mattoon, Illinois, with a 2021 reconstruction and a 1.35-acre corner parcel. The improvements include an existing drive-through, remodeled interior, restaurant equipment, parking, and on-site signage. The building was formerly operated by Wendy’s.

The property fronts IL Route 16, an east-west corridor, and includes visibility from Broadway Avenue East. The parcel may be divided into two tenant lots, providing a potential configuration for separate development. Additional ground north of the property is scheduled for development, with retail activity planned for the surrounding node.

Key Highlights

  • 2021‑reconstructed freestanding restaurant building
  • 1.35‑acre corner parcel at 1209 Broadway Avenue East
  • Existing drive‑through infrastructure and remodeled interior

Property Analytics

Current Use

Wendy's Restaurant

Suggested Use

Top Pick Real Estate Agency Daycare Center Carpet & Flooring Store Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

850
Businesses Nearby

Demographics for 61938, IL

20,768
Population
10,299
Households
2
Avg Household Size
42
Median Age
23%
College-Educated
90%
High-School Grad
126.5 sq mi
ZIP Area
164
Density / Sq Mi
$54,288
Median Household Income
$39,651
Median Earnings
$771
Median Rent
$109,100
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Drive through restaurant - Freestanding corner facility offers restaurant improvements, drive-through infrastructure, parking, and signage along IL Route 16.
Where is this drive through restaurant located?
The property is located at 1209 Broadway Ave E Mattoon, IL.
What are key features of this property?
This property features: 2021‑reconstructed freestanding restaurant building; 1.35‑acre corner parcel at 1209 Broadway Avenue East; Existing drive‑through infrastructure and remodeled interior
More about this property
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