1475 18Th StCharleston, IL 61920
- Other commercial real estate
- 5.52 AC
Property Details for 1475 18Th St
- Lot size
- 5.52 AC
- Property type
- Other 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.
Valuation
by Realmo methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $67,155,976
- Hospitality
- $61,514,512
- Educational
- $51,179,352
- Medical
- $52,939,488
- Retail
- $79,612,320
Location Insight
- City
- Charleston
- County
- Coles
- State
- Illinois
- Latitude
- 39.4856
- Longitude
- -88.1613
- CBSA code
- 16660
- CBSA name
- CHARLESTON-MATTOON, IL MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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