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Property profile & analytics

1475 18Th St Charleston, IL 61920

  • Commercial real estate
  • 5.52 lot acres
Value Estimation
$415,000
Last Sale
Mar 19, 2020
Location Intelligence
Property ID
US28-3715261
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Rural King Guns / Gun Shop
  • Rural King / Farm Equipment Supplier

Property Details for 1475 18Th St

Lot size
5.52 lot acres
Property type
Commercial real estate
APN
02-1-00594-000
APU
2100594000

Description

This exceptional 0.5-acre outlot presents a prime retail opportunity in Charleston, Illinois. Strategically located on the corner of 18th Street and Lincoln Avenue (State Route 16), this property benefits from high visibility and exceptional daily traffic counts exceeding 20,000 vehicles. The site is situated in a thriving retail corridor alongside established national and regional tenants including Rural King, Walmart, ALDI, Great Clips, and Maurices, ensuring strong consumer traffic and brand synergy. The Charleston-Mattoon micropolitan statistical area boasts a substantial trade-area population of 101,319, providing a large and accessible customer base. Furthermore, the property's proximity to Eastern Illinois University, the city's largest employer with an enrollment of 8,630 students, offers a significant additional source of potential customers. This single-tenancy land parcel in Coles County (zip code 61920) is ideally suited for a variety of retail uses, capitalizing on the robust local economy and high-traffic location. The address is 1475 18th Street, Charleston, IL. This is a rare opportunity to establish a presence in a dynamic and growing market.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $390,000
  • CAP approach

    CAP return
    Estimation
    6%
    $455,000
    6.5%
    $455,000
    7%
    $480,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $465,000
    Geo Method
    $420,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $410,000
    Retail
    $490,000
    Mixed-Use
    $430,000
    Hospitality
    $455,000
    Educational
    $415,000
    Residential Income
    $380,000
    Energy
    $390,000
    Income-Based Land
    $485,000
    Food Service
    $465,000

Location Insight

  • Map
  • Local Demand
City
Charleston
County
Coles
State
Illinois
Longitude
-88.1613
Latitude
39.4856
CBSA code
16660
CBSA name
CHARLESTON-MATTOON, IL MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2020
$31,037
$254,759
$98,374
$353,133
-
$764,277
$295,122
$1,059,399
More about this property
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