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Effingham, IL Office Spaces for Sale

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Teutopolis, IL Shumway, IL Altamont, IL Montrose, IL Neoga, IL Mode, IL Beecher City, IL Newton, IL
Medical Condo Office Units
Updated: Jun 3
Medical Condo Office Units

401 N Keller Dr, Effingham, IL 62401

$1,200,000
6,000 sqft
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
Carle Clinic has been a long‑standing tenant since the center was constructed in 2010
NOI for 2025 was $87,320, with Suite 2 vacant for the last four months of 2025
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Showroom Building with Detached Garage
Updated: May 21
Showroom Building with Detached Garage

1704 S Banker St, Effingham, IL 62401

$394,900
Showroom with abundant natural light, offices, workspace, and breakroom
Detached 26x38 garage for additional storage or work space
South Banker Street location identified as Rt 45
Traffic volume reported at over 13, 000 vehicles per day
On‑site parking and south‑side alley access
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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 8 Potential Opportunities for your consideration. Besides 2 Active listings in Effingham, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

Corner Office Building
Corner Office Building

200 W 2nd Street, Flora, IL 62839

$99,000
0.17 AC lot

Flexible professional layout with reception, private offices, work areas, break space, and multiple restrooms.

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Office Units with Storage Buildings
Office Units with Storage Buildings

1321 Lake Land Blvd, Mattoon, IL 61938

$225,000

Two private offices are complemented by reception, display areas, and separate storage structures.

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A-Frame Retail Space
A-Frame Retail Space

3320 Marshall Avenue, Mattoon, IL 61938

$99,900

Open layout with vaulted ceilings, covered porch, parking, and existing salon fixtures.

View details
Two-Building Downtown Retail/Office
Two-Building Downtown Retail/Office

109-111 W North Ave, Flora, IL 62839

$69,900
3,296 sqft

Adjacent downtown storefronts offer flexible space for office or retail use, including a former savings and loan vault.

View details

Off-Market Properties in Effingham, IL

Consider similar Off-Market properties in Effingham, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

803 3Rd St
Office Spaces

803 3Rd St, Effingham, IL 62401

Estimated value:
by Request
1,800 sqft
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207 St Anthony Ave
Office Spaces

207 St Anthony Ave, Effingham, IL 62401

Estimated value:
by Request
0.14 AC lot
View details

Effingham, IL Office Spaces Market Trends and Statistics

Explore 4 office spaces for sale in Effingham, IL on our real estate platform. These investment opportunities span a total of 6,000 square feet of properties for sale, with an estimated market value of $1,594,900.

Sale prices for office spaces in Effingham, IL start at $394,900, averaging $797,450, and reaching up to $1,200,000 — 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

Office Units 2
Medical Office Space 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 $399.9K

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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