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Commercial Office Space For Sale

201 N Logan St, Mattoon, IL 61938

For Sale
$289,900

Commercial office space on high traffic street, investment opportunity.

Property SizeContact for details
Lot Size0.30 Acres
Days on Market1330

Property Features for 201 N Logan St

General Information

Standard status Active
Lot size 0.30 Acres

Taxes and HOA fees

Annual Taxes $8,302
Listing Agency: Century 21 KIMA Properties
Listed By: Jennifer Swensen · License #475180313
Source: Exprealty
Added: Mar 19, 2023 Changed: Nov 7 Last Checked: Nov 6 at 1:29PM

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 Century 21 KIMA Properties

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This commercial office space presents an opportunity for investment or owner use. Situated on a high-traffic street, the property benefits from high visibility. The layout includes two private office spaces on each side of the building, each with private entrances. Shared restrooms are available. An adjacent lot, Parcel #06-0-04077-000, can be included in the purchase.

Key Highlights

  • High traffic street location with great visibility.
  • Income‑generating opportunity for investors or owner‑users.
  • Layout features two private office spaces with private entrances.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Law Offices Of Winter-Black ... Law Firm Abbcon Counseling Medical Clinic Torbeck-Livesa Judy Law Firm Kristen Aubin-Wagner - COUNTRY ... Insurance Agency

Suggested Use

Top Pick Real Estate Agency Hair Salon HVAC Service (Bike/Boat/Book/etc) Store Plumbing Service Spa & Massage Center

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

413
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Commercial office space on high traffic street, investment opportunity.
Where is this office unit located?
The property is located at 201 N Logan St Mattoon, IL.
What is the asking price?
The asking price for this property is $289,900.
What are key features of this property?
This property features: High traffic street location with great visibility.; Income‑generating opportunity for investors or owner‑users.; Layout features **two private office spaces with private entrances.**
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Includes: Price & PSF · Cap rate · Location · Zoning

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