Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1501 19Th St Mattoon, IL 61938

    For Lease
    Contact for pricing

    Large warehouse, flexible lease options

    Lot size:
    257,233 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional industrial property, located at 1501 S 19th St, Mattoon, IL 61938, offers a substantial 257,233 square feet of manufacturing, warehouse, and distribution space. The property sits on a generous 43.32 acres of land and features a single building constructed in 1967, extensively renovated in 1993. Currently, a significant 238,673 square feet is available for lease, providing flexibility for businesses of various sizes. The minimum leasable space is 19,367 square feet, while the maximum contiguous space available is 238,673 square feet. The property is zoned for industrial use and boasts convenient features including 2 loading docks and 5 drive-in doors. The site is fully fenced and includes a guard shack, enhancing security. This property is ideal for businesses seeking a large, well-maintained industrial space in a strategic location. The Coles County address, with APN numbers 07-1-00846-001 and 07-1-00846-002, provides easy identification. The property's size and features make it suitable for a wide range of industrial operations. Contact us today to learn more about this exceptional opportunity.

    Property Features for 1501 19Th St

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    257,233 SF

    Building Details

    Year Built/Renovated
    1967/1993
    Buildings
    1

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    238,673 SF

    HighLights

    • 257,233 SF industrial building on 43.32 acres in Mattoon, IL.
    • 238,673 SF available for lease, minimum 19,367 SF.
    • Air‑conditioned office space.
    • Renovations in progress.
    • 3‑phase heavy power.
    • Possible rail spur via CNR.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mattoon
    County
    Coles
    State
    Illinois
    Longitude
    -88.3811053
    Latitude
    39.465811

    Nearby Similar for Lease

    • Contact for pricing

      Cross County Mall Retail Space

      Retail spaces available at Cross County Mall in Mattoon, IL.
      508 Broadway Ave E, Mattoon, IL 61938
      View Details
    • Contact for pricing
      1,806 SF

      Cross County Mall Retail Space

      Retail spaces available at Cross County Mall in Mattoon, IL.
      403 Richmond Ave, Mattoon, IL 61938
      View Details
    • Contact for pricing
      8,933 SF

      Emerald Acres Sports Connection Retail

      Retail spaces available within a large sports and entertainment complex.
      1301 Fort Worth Way, Mattoon, IL 61938
      View Details
    • $5 SF/Yr
      27,540 SF

      Versatile Retail/Training Space Available

      Adaptable space suitable for retail, training, or office use.
      301-305 Richmond Ave E, Mattoon, IL 61938
      View Details
    • Contact for pricing
      2,016 SF

      Emerald Acres Sports Connection Retail

      Retail space available within a large sports complex development.
      1406 Fort Worth Way, Mattoon, IL 61938
      View Details
    • Contact for pricing
      156,226 SF

      Cross County Mall Retail Spaces

      Prime Mattoon, IL shopping mall spaces.
      700 Broadway Ave, Mattoon, IL 61938
      View Details

    FAQs

    What type of property is this?
    Distribution property - Large warehouse, flexible lease options
    Where is this distribution property located?
    The property is located at 1501 19Th St Mattoon, IL.
    What are key features of this property?
    This property features: 257,233 SF industrial building on 43.32 acres in Mattoon, IL.; 238,673 SF available for lease, minimum 19,367 SF.; Air-conditioned office space.
    Request Owner's contact information
    1501 19Th St Mattoon, IL 61938
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1501 19Th St
    Mattoon, IL 61938
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1501 19Th St Mattoon, IL 61938
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.