Versatile Commercial Space with
For Sale
$114,000
701 N 22nd St, Mattoon, IL 61938
Commercial storefront with overhead doors and high traffic visibility.
Property SizeContact for details
Lot Size0.23 Acres
Days on Market513
Property Features for 701 N 22nd St
General Information
Standard status
Active
Lot size
0.23 Acres
Taxes and HOA fees
Annual Taxes
$2,576
Listing Agency:
TCI Realty, LLC
(217) 232-1115
Listed By:
John Inyart · License #ILLINOIS475.202774
(217) 232-1115
Source:
Exprealty
Added: Mar 27, 2025
Changed: Aug 20
Last Checked: Aug 20 at 11:05AM
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 TCI Realty, LLC
Investment Insights
Based on property information with market context.
This commercial property offers endless possibilities with its versatile space. The main level features tall, decorative ceilings, measuring 12 feet 10 inches in height. Overhead doors at the opposite end enhance the location's adaptability for various operations. The property benefits from high visibility on busy Dewitt Avenue, with over 9,000 cars passing by daily according to IDOT. Zoned C-2 Commercial, the property includes a concrete parking lot to the north, accommodating approximately 6-7 vehicles, with potential for expansion. The building features a full second floor with plank flooring and ceilings over 12 feet high, accessible via two staircases. Recent improvements, according to the owner, include complete exterior tuckpointing in 2017. One new furnace was installed a couple of years ago. In 2024, the entire roof received 2 inches of foam insulation and a new rubber membrane. The property is equipped with 200 amp electrical service.
Key Highlights
- High‑visibility location on Dewitt Avenue with over 9,000 cars passing daily (per IDOT), ideal for business exposure.
- Versatile space with a commercial storefront, overhead doors, and C‑2 Commercial zoning, suitable for various operations.
- Full second floor with plank flooring and high ceilings, offering additional usable space.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
503
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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 Industrial in Midwest region
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Similar Off Market Nearby
- Mattoon Flower Shop, Inc. — 1819 Broadway Ave, Mattoon, IL 61938
Frequently Asked Questions
What type of property is this?
Storefront property - Commercial storefront with overhead doors and high traffic visibility.
Where is this storefront property located?
The property is located at 701 N 22nd St Mattoon, IL.
What is the asking price?
The asking price for this property is $114,000.
What are key features of this property?
This property features: High‑visibility location on Dewitt Avenue with over 9,000 cars passing daily (per IDOT), ideal for business exposure.; Versatile space with a commercial storefront, overhead doors, and C‑2 Commercial zoning, suitable for various operations.; Full second floor with plank flooring and high ceilings, offering additional usable space.
