Parking & Garage

Mattoon, IL Parking Lots & Garages for Sale

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Versatile Commercial Space with Visibility
Updated: Mar 27, 2025
Versatile Commercial Space with Visibility

701 N 22nd St, Mattoon, IL 61938

$114,000
0.23 AC lot
High‑visibility location on Dewitt Avenue with over 9,000 cars passing daily (per IDOT), ideal for business exposure.
Versatile space with a commercial storefront, overhead doors, and C‑2 Commercial zoning, suitable for various operations.
Full second floor with plank flooring and high ceilings, offering additional usable space.
Recent roof improvements in 2024, including 2 inches of foam insulation and a new rubber membrane.
Concrete parking lot for approximately 6‑7 vehicles with potential for expansion.
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Mattoon, 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.

Fenced Parking Lot and Garage Building
Fenced Parking Lot and Garage Building

1020 Milton Road, Alton, IL 62002

$150,000
0.84 AC lot

Large fenced commercial parking lot and building featuring multiple garages in Alton, IL.

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Alton Commercial Parking Lot
Alton Commercial Parking Lot

1020 Milton Road, Alton, IL 62002

$175,900
36,678 sqft

Large fenced commercial parking lot and building with multiple garages.

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B1-Zoned Parking Lot
B1-Zoned Parking Lot

3025 LINDBERGH Avenue lot: 3, Springfield, IL 62704

$283,140
0.65 AC lot

Corner-positioned parking property offering three planned parcels or a combined configuration.

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Commercial Parking Lot
Commercial Parking Lot

3025 LINDBERGH Avenue lot: 1, Springfield, IL 62704

$370,260
0.85 AC lot

Existing paved parking area with B1 zoning and flexible parcel configuration.

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Mattoon, IL Parking Lots & Garages Market Trends and Statistics

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

Sale prices for parking garages in Mattoon, IL average $114,000 — 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

Retail properties & Spaces 35
Land 23
Retail space 15
Shopping centers 14
Commercial land 12

Demographics Overview

Population 20K
Population Growth (5Y) -6.4%
Median Household Income $54,288
College Educated 31.1%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
61938 $114K

Taxes & Financing

Tax Rate (average for all types) 7.54%
Tax Rate vs County Average 0.14 pp below county avg
Average Loan-to-Value 65.0%

Property Size Breakdown

The majority of commercial real estate listings in Mattoon fall within the 100,000+ square foot range.

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