2100 Western Ave, Mattoon, IL 61938
This exceptional 1.7-acre agricultural parcel is ideally situated in the heart of Mattoon, Illinois, at 2100 Western Avenue. Its prime downtown location offers unparalleled accessibility and visibility, positioned directly adjacent to a thriving grocery store. The property is being offered as a single, non-divisible unit, presenting a unique opportunity for developers. The land boasts a level grade, eliminating costly site preparation, and benefits from recently installed sewer infrastructure, significantly reducing development hurdles. This ready-to-develop site is perfect for a variety of commercial ventures, capitalizing on its high-traffic location and proximity to established businesses. The asking price for this exceptional opportunity is $179,900. Located in Coles County, Illinois, with a zip code of 61938, this property presents a compelling investment prospect in a vibrant and growing community. The coordinates are 39.5163422 latitude and -88.362785 longitude. Don't miss this chance to acquire a prime piece of downtown Mattoon real estate.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.