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    Effingham, IL
    Parking & Garage

    Effingham, IL Parking Lots & Garages for Sale

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    Teutopolis, IL Shumway, IL Altamont, IL Montrose, IL Neoga, IL Beecher City, IL Newton, IL St Elmo, IL
    Hospital-Adjacent Parking Lot
    Updated: Aug 21
    Hospital-Adjacent Parking Lot

    501 Mulberry Street, Effingham, IL 62401

    $450,000
    .9‑acre parking lot across from St. Anthony Hospital
    Two additional .15‑acre lots located west of the parking lot
    Parking lot is currently leased to St. Anthony Hospital
    Seller to provide 90 days’ notice of sale to terminate the lease
    Property address: 501 Mulberry Street, Effingham, IL 62401
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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 5 Potential Opportunities for your consideration. Besides 1 Active listings in Effingham, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Alton Commercial Parking Lot
    Alton Commercial Parking Lot

    1020 Milton Rd, Alton, IL 62002

    $150,000
    36,678 sqft

    Large fenced commercial parking lot and building with multiple garages.

    View details
    Fenced Parking Lot with Garages
    Fenced Parking Lot with Garages

    1020 Milton Road, Alton, IL 62002

    $150,000
    0.84 AC lot

    Commercial property offering enclosed outdoor parking and multiple garage structures.

    View details
    Parking Lot Portfolio with Offices
    Parking Lot Portfolio with Offices

    2929 E COOK Street, Springfield, IL 62703

    Contact for pricing

    Multi-lot commercial property offers office amenities, asphalt surfacing, lighting, and accessory storage buildings.

    View details
    Downtown Parking Lot
    Downtown Parking Lot

    526 W Mason Street, Springfield, IL 62702

    Contact for pricing

    Central parking asset with existing leases on a portion of the spaces.

    View details

    Effingham, IL Parking Lots & Garages Market Trends and Statistics

    Explore 1 parking lots & garages for sale in Effingham, IL on our real estate platform.

    Sale prices for parking garages in Effingham, IL average $450,000 — 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

    Land 16
    Residential land & home lots 9
    Retail properties & Spaces 6
    Commercial land 5
    Automotive properties 4

    Demographics Overview

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

    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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