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401 North Keller Drive, Effingham, IL 62401

Two middle condo suites totaling 6,000 SF, with one vacant and ready for occupancy in an established healthcare-anchored center.

Property Size6,000 SF
Price / SF$200
Days on Market59

Property Features for 401 North Keller Drive

General Information

Standard status Active
Size 6,000 SF
Property subtype Retail, Office

Site & Location

Traffic Count 42,000 vehicles/day
Highway Access Yes

Building Details

Year Built 2010
Tenancy Multi
Listing Agency: Coldwell Banker Commercial Devonshire Realty
Listed By: Zach Wetherell · License #IL
Source: Crexi
Added: Jun 2 Changed: Jul 10 Last Checked: Jul 28 at 11:48AM

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 Coldwell Banker Commercial Devonshire Realty

Investment Insights

Based on property information with market context.

The property offers the middle two condo units within a commercial center, totaling 6,000 SF. Suite 2 is 2,000 SF and currently vacant, giving a prospective owner or operator a turnkey opportunity for immediate occupancy. Suite 3 is occupied by Carle Clinic, a regional healthcare provider, and has been a long-standing tenant since the center was constructed in 2010.

The center is located along North Keller Drive, identified as a main arterial road with more than 17,000 vehicles per day passing by. It is anchored by Carle Clinic along with Jimmy John’s and Ten Brooke LeAnne Boutique. Effingham is also described as having Interstate 70 and Interstate 57 running through it, and this property is less than a half mile from the interstate.

For tenant-operators and buyers seeking an owner-operator scenario, Suite 2’s current vacancy can support plans for an immediate use, while Suite 3’s existing healthcare tenancy provides continuity within the same condo ownership. The offering is structured specifically around these two middle units, and the unit-level occupancy described above is an important consideration for anyone underwriting near-term operations.

Key Highlights

  • Two middle condo suites totaling 6,000 SF in a healthcare‑anchored center
  • Suite 2 is 2,000 SF and currently vacant, ready for occupancy
  • Suite 3 is occupied by Carle Clinic, a regional healthcare provider

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Building Supply Bakery Carpet & Flooring Store Plumbing Service Locksmith Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

42,000 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

789
Businesses Nearby

Demographics for 62401, IL

19,408
Population
8,688
Households
2.2
Avg Household Size
42
Median Age
29%
College-Educated
94%
High-School Grad
103.9 sq mi
ZIP Area
187
Density / Sq Mi
$76,098
Median Household Income
$43,051
Median Earnings
$722
Median Rent
$195,800
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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Frequently Asked Questions

What type of property is this?
Office units - Two middle condo suites totaling 6,000 SF, with one vacant and ready for occupancy in an established healthcare-anchored center.
Where is this office units located?
The property is located at 401 North Keller Drive Effingham, IL.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Two middle condo suites totaling 6,000 SF in a healthcare‑anchored center; Suite 2 is 2,000 SF and currently vacant, ready for occupancy; Suite 3 is occupied by Carle Clinic, a regional healthcare provider
More about this property
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