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Medical Building Near Clinic
For Sale
$190,000

220 Richmond Ave E, Mattoon, IL 61938

Professional medical building with long-term lease opportunities.

Property SizeContact for details
Lot Size0.62 Acres
Days on Market536

Property Features for 220 Richmond Ave E

General Information

Standard status Active
Lot size 0.62 Acres

Taxes and HOA fees

Annual Taxes $6,232
Listing Agency: Century 21 Kima Properties
Listed By: Kirk Swensen · License #475126721
Source: Exprealty
Added: Mar 3, 2025 Changed: Aug 20 Last Checked: Aug 20 at 9:33AM

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

Investment Insights

Based on property information with market context.

This professional medical building is situated near a clinic and other commercial and retail areas. The building features vaulted ceilings and well-placed windows that provide excellent natural light and contribute to its design. The layout includes private offices, a large entry and display area, private bathrooms, and separate parking areas for employees and clients. Long-term lease opportunities are available. A complete roof tear-off and replacement is scheduled for completion in July 2025. Interior carpet replacement is scheduled for August 2025, with drywall and paint work on the interior planned for September 2025.

Key Highlights

  • Professional medical building near clinic and commercial areas.
  • Separate parking for employees and clients.
  • Private offices, large entry/display area, and private bathrooms.

Property Analytics

Current Use

The Eye Center Ophthalmologist Kyle Ohman Physician

Suggested Use

Top Pick Real Estate Agency Hair Salon Spa & Massage Center Big Box & Wholesale Store Nail Salon HVAC Service

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

424
Businesses Nearby
Balanced
Demand for This Use

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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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  • Brucker Kate DVM 504 Shelby Ave, Mattoon, IL 61938

Frequently Asked Questions

What type of property is this?
Medical Office Space - Professional medical building with long-term lease opportunities.
Where is this medical office space located?
The property is located at 220 Richmond Ave E Mattoon, IL.
What is the asking price?
The asking price for this property is $190,000.
What are key features of this property?
This property features: Professional medical building near clinic and commercial areas.; Separate parking for employees and clients.; Private offices, large entry/display area, and private bathrooms.
More about this property
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