Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    120 14th St Mattoon, IL 61938-3028

    • Industrial properties
    • 5.40 lot acres
    OFF-MARKET
    Value Estimation
    $305,000
    Location Intelligence
    Property ID
    US28-4051983
    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

    • Industrial properties

    Property Details for 120 14th St

    Lot size
    5.40 lot acres
    Property type
    Industrial properties
    APN
    07-1-03651-000
    APU
    7103651000

    Description

    This exceptional 6.36-acre commercial land parcel presents a remarkable opportunity for industrial development or business expansion. Strategically located at 120 N 14th Street in Mattoon, Illinois (APN: 07-1-03651-000), this property offers significant potential for a wide range of commercial ventures. The expansive lot size provides ample space for construction and future growth. The property is zoned C-3 Commercial, according to Mattoon, IL zoning ordinances, ensuring flexibility in development plans. Situated in the heart of Mattoon, this location benefits from excellent accessibility and visibility, making it an attractive proposition for businesses seeking a prominent presence in a thriving community. The property's blank slate nature allows for complete customization to meet specific development needs. This is a rare opportunity to acquire a substantial commercial land parcel in a desirable location. The asking price is $795,000. Further details are available upon request.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $290,000

    • CAP approach

      CAP return
      Estimation
      6%
      $365,000
      6.5%
      $360,000
      7%
      $365,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $330,000
      Geo Method
      $320,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $395,000
      Retail
      $425,000
      Mixed-Use
      $405,000
      Hospitality
      $425,000
      Educational
      $390,000
      Residential Income
      $370,000
      Energy
      $335,000
      Income-Based Land
      $310,000
      Food Service
      $385,000

    Location Insight

    • Map
    • Local Demand
    City
    Mattoon
    County
    Coles
    State
    Illinois
    Longitude
    -88.3698
    Latitude
    39.4838
    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
    $7,440
    $86,788
    $0.00
    $86,788
    -
    $260,364
    $0.00
    $260,364

    Comparable in this City

    • Value Estimation by Request
      6.56 Acres

      1413 Dewitt E Ave

      INDUSTRIAL (GENERAL) • 6.56 Acres
      1413 Dewitt E Ave, Mattoon, IL 61938-3533
      View Details
    • Value Estimation by Request
      1.45 Acres

      Mattoon, IL 61938

      INDUSTRIAL (GENERAL) • 1.45 Acres
      Mattoon, IL 61938
      View Details
    • Value Estimation by Request
      0.16 Acres

      1513 11th St

      INDUSTRIAL (GENERAL) • 0.16 Acres
      1513 11th St, Mattoon, IL 61938-3150
      View Details
    • Value Estimation by Request
      0.15 Acres

      1517 11th St

      INDUSTRIAL (GENERAL) • 0.15 Acres
      1517 11th St, Mattoon, IL 61938-3150
      View Details
    • Value Estimation
      $830,000
      20.17 Acres

      1300 Broadway E Ave

      INDUSTRIAL (GENERAL) • 20.17 Acres
      1300 Broadway E Ave, Mattoon, IL 61938-6204
      View Details
    • Value Estimation
      $65,000
      0.57 Acres

      2301 Commercial Ave

      INDUSTRIAL (GENERAL) • 0.57 Acres
      2301 Commercial Ave, Mattoon, IL 61938-3709
      View Details

    Similar Nearby for Sale

    • $134,900

      Three Homes on Corner Lot

      Three residential income properties on a large corner lot.
      2502 Pine Ave, Mattoon, IL 61938
      View Details
    • $550,000
      2,449 SF

      Former KFC Investment Property

      Former KFC property in Mattoon, Illinois, for sale.
      1000 Charleston Ave, Mattoon, IL 61938
      View Details
    • $1,227,000
      0.51 Acres

      Valvoline Ground Lease - Mattoon, IL

      High-Yield Net Lease Investment, 15+ Years
      700 Broadway Ave, Mattoon, IL 61938
      View Details
    • Contact for pricing
      630 SF

      Cross County Mall

      Lifestyle centers • 630 SF
      700 Broadway Ave, Mattoon, IL 61938
      View Details
    • $385,000
      0.32 Acres

      Historic Mattoon Church Property

      Prime Downtown Location, Huge Potential
      1600 Wabash Ave, Mattoon, IL 61938
      View Details
    • $254,000
      0.48 Acres

      Prime Mattoon Restaurant Site

      .48-Acre Restaurant Lot, Ready to Build
      800 Charleston Ave, Mattoon, IL 61938
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      257,233 SF

      Prime Mattoon Industrial Space

      Large warehouse, flexible lease options
      1501 19Th St, Mattoon, IL 61938
      View Details
    • $5 SF/Yr
      27,540 SF

      Versatile Retail/Training Space Available

      Adaptable space suitable for retail, training, or office use.
      301-305 Richmond Ave E, Mattoon, IL 61938
      View Details
    • $34 SF/Yr
      1,514 SF

      Retail Space in New Building

      1,514 SF retail space in new construction building.
      514 Broadway Ave E, Mattoon, IL 61938
      View Details
    • Contact for pricing
      2,016 SF

      Emerald Acres Sports Connection Retail

      Retail space available within a large sports complex development.
      1406 Fort Worth Way, Mattoon, IL 61938
      View Details
    • Contact for pricing
      1,806 SF

      Prime Mattoon Retail Space

      1,806 SF Bank Building, 1.6 Acres
      402 Richmond Ave, Mattoon, IL 61938
      View Details
    • Contact for pricing

      Cross County Mall Retail Space

      Retail spaces available at Cross County Mall in Mattoon, IL.
      508 Broadway Ave E, Mattoon, IL 61938
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    120 14th St
    Mattoon, IL 61938-3028
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.