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    Property profile & analytics
    OFF-MARKET
    Commercial real estate

    901 Charleston Ave, Mattoon, IL 61938-4242

    0.32 ac lot
    Entity Owned Free & Clear
    Property ID
    US28-3653981
    Property summary
    AI-generated overview

    This exceptional Mattoon, IL commercial property, located at 901 Charleston Avenue, presents a unique investment opportunity. Spanning 0.32 acres, this two-story office building offers a substantial 2,934 square feet on each level, totaling 5,868 square feet of adaptable space. Previously used as an attorney's office, the building's layout is highly versatile and lends itself to a variety of commercial uses, including but not limited to additional office spaces, retail, or a cafГ©. The main floor boasts abundant natural light from large windows and features a spacious lobby/waiting area, five private offices, a conference room, a break room, a secure records room, two restrooms, and a copy room. A unique split-level entrance in the front foyer allows for the potential of two separate businesses or additional rental income streams. The lower level mirrors the main floor's office space configuration and includes its own restrooms. Both levels are accessible from both front and rear entrances. The property's location within the TIF District offers potential economic incentives. This property presents a significant opportunity for a business seeking a substantial, adaptable space with the potential for customization to meet specific needs. Rental options are also available.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Lot 0.32 ac (13,939 SF)
    APN 07-1-04458-000
    UPID US28-3653981
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    5150 Ventures LLC - Capital
    5150 Ventures LLC - Capital
    since 2026
    Last sale
    $135,500
    2 recorded transactions
    2026
    $135,500
    2015
    $125,160
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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