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Self-Service Laundry Retail Space

3201 Marshall Ave, Mattoon, IL 61938

For Sale
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Freestanding retail property with existing laundry infrastructure and a fully unattended operating model.

Property Size1,500 SF
Price / SF$166
Days on Market98

Property Features for 3201 Marshall Ave

General Information

Standard status Active
Size 1,500 SF
Class C
Total Parking Spaces 20
Property subtype Retail, Special Purpose
Investment Type Owner/User

Additional Details

Asking Price $249,000
Listing Agency: Elite Exit Advisors
Listed By: Natalie Luneva · License #9016902-BB
Source: Crexi
Added: Aug 2 Changed: Oct 26 Last Checked: Nov 6 at 6:17AM

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 Elite Exit Advisors

Rey
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Investment Insights

Based on property information with market context.

This 1,500-square-foot freestanding retail property at 3201 Marshall Ave in Mattoon, Illinois, includes an existing self-service laundry layout and seller-owned real estate. The business operated on a 24-hour, fully unattended basis without employees when it was last active in 2023, but it is currently offline.

The building has been drained and winterized. Plumbing, electrical systems, and core laundry equipment are described as serviceable, supporting a potential reactivation of the existing use. The transaction includes the commercial property itself, with no landlord, lease, or rent obligation associated with the real estate.

Key Highlights

  • 1,500‑square‑foot freestanding retail property
  • Existing self‑service laundry infrastructure and core equipment
  • 24‑hour unattended operating model without employees

Property Analytics

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

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Restaurant Pharmacy Skin Care Clinic

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

116
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 Retail in Midwest region

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

Frequently Asked Questions

What type of property is this?
Retail space - Freestanding retail property with existing laundry infrastructure and a fully unattended operating model.
Where is this retail space located?
The property is located at 3201 Marshall Ave Mattoon, IL.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: 1,500‑square‑foot freestanding retail property; Existing self‑service laundry infrastructure and core equipment; 24‑hour unattended operating model without employees
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