Medical Premises

Effingham, IL Medical Office Space for Sale

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Teutopolis, IL Altamont, IL Wheeler, IL Neoga, IL Beecher City, IL Newton, IL St Elmo, IL Hidalgo, IL
Private Parking Office Building
Updated: Jul 6
Private Parking Office Building

2316 N Fourth Street, Effingham, IL 62401

$799,900
Commercial office building with more than 6,000 SF of professional space (1‑story building)
Year built 2017 with brick and vinyl siding exterior and shingle roof
Central air cooling and forced‑air gas heating; gas water heater
Septic tank sewer and public water service
0.97‑acre lot (42,253 SF) with 18 on‑site parking spaces
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Medical/Office Suite with X-Ray Room
Updated: Mar 18
Medical/Office Suite with X-Ray Room

511 W Virginia Ave, Effingham, IL 62401

$219,000
Suite layout includes seven private offices
Large reception area for client check‑in
Dedicated customer bathroom
Includes an x‑ray room
Designated break area with ample storage
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Effingham, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Office Building With Exam Rooms
Office Building With Exam Rooms

1915 18th Street, Charleston, IL 61920

Contact for pricing
3,604 sqft 0.71 AC lot

Accessible office layout includes private rooms, reception space, work areas, restrooms, and an employee break room.

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Brick Office Building with Parking
Brick Office Building with Parking

801 Broadway Avenue, Mattoon, IL 61938

$660,000

All-brick office buildings from 2000 and 2004 with renovated interiors from 2021 and 2022, plus on-site parking.

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Medical Building Near Clinic
Medical Building Near Clinic

220 Richmond Ave E, Mattoon, IL 61938

$190,000
0.62 AC lot

Professional medical building with long-term lease opportunities.

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Versatile Commercial Property in Charleston
Versatile Commercial Property in Charleston

1720 18th Street, Charleston, IL 61920

Contact for pricing

Adaptable commercial space suitable for medical, wellness, or professional use.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Highway-Adjacent Commercial Land
Highway-Adjacent Commercial Land

4 & 5 S Vail Street, Princeton, IN 47670

$127,575
2.00 AC lot

A 2-acre site suitable for commercial development near existing healthcare and financial uses along Highway 41.

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Commercial Subdivision Development Lot
Commercial Subdivision Development Lot

9 S Vail Street, Princeton, IN 47670

$70,875
1.17 AC lot

Commercial development lot along Hwy 41 near established healthcare and financial uses in Princeton.

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Commercial Subdivision Development Land
Commercial Subdivision Development Land

6 S Vail Street, Princeton, IN 47670

$93,555
1.63 AC lot

Commercial development land along Highway 41 with nearby clinic and health campus uses in Princeton, Indiana.

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Commercial Land with Highway Access
Commercial Land with Highway Access

2 S Vail Street, Princeton, IN 47670

$148,500
1.60 AC lot

About 1.6 acres in a commercial subdivision along a major highway with established nearby healthcare and financial uses.

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Effingham, IL Medical Office Space Market Trends and Statistics

Explore 2 medical office space for sale in Effingham, IL on our real estate platform.

Sale prices for medical spaces in Effingham, IL start at $219,000, averaging $509,450, and reaching up to $799,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Medical Office Space 4
Office Units 4
Office buildings 1

Demographics Overview

Population 19K
Population Growth (5Y) +3.5%
Median Household Income $76,098
College Educated 39.5%

High-Yield Neighborhoods for Investment

Identify Effingham submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
62401 $449.6K

Taxes & Financing

Tax Rate (average for all types) 6.21%
Property Tax per SF $98.34 per SF
Average Loan-to-Value 65.0%

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