Turnkey Investment Property with Expansion
For Sale
$495,000
921 Lake Land Blvd, Mattoon, IL 61938
Leased retail spaces with vacant lot for future development.
Lot Size0.48 Acres
Days on Market746
Property Features for 921 Lake Land Blvd
General Information
Standard status
Active
Lot size
0.48 Acres
Listing Agency:
Keller Williams Realty
(217) 254-4614
Listed By:
Dana Price · License #475174755
(217) 254-4614
Source:
Exprealty
Added: Jul 15, 2024
Changed: Jul 6
Last Checked: Jul 29 at 4:37PM
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 Keller Williams Realty
Investment Insights
Based on property information with market context.
The property at 909-921 Lakeland Boulevard presents a turnkey investment opportunity. It features leased businesses and an adjoining vacant lot that offers possibilities for future expansion. The site includes front and rear on-site parking. Each unit is equipped with individual gas and electric meters, and the interior features solid wood trim and doors. With existing leases in place, the property is positioned to generate immediate income.
Key Highlights
- Turnkey property with leased businesses providing instant income.
- Adjoining vacant lot offers potential for future expansion.
- Abundant front and rear on‑site parking.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
49
Businesses Nearby
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 Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail property - Leased retail spaces with vacant lot for future development.
Where is this retail property located?
The property is located at 921 Lake Land Blvd Mattoon, IL.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Turnkey property with leased businesses providing instant income.; Adjoining vacant lot offers potential for future expansion.; Abundant front and rear on‑site parking.
