Retail

Effingham, IL Retail Properties & Spaces for Lease

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Shelbyville, IL
Retail Space Near Walmart Supercenter
Updated: Nov 4, 2025
Retail Space Near Walmart Supercenter

1304 Thelma Keller Ave, Effingham, IL

$22 SF/Yr
1,562 sqft · $2,863/Mo
High‑traffic location in front of Walmart Supercenter
Convenient access: Less than 0.5 miles from Interstate 57 and Interstate 70
Strong co‑tenancy: Surrounded by national retailers like Maurices, Hibbett Sports, Famous Footwear, Smoothie King, Kohls, Walmart, and Meijer
Available space: 1,562 sf suite
Lease rate: $22.00 PSF NNN
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Retail Redevelopment Opportunity Available
Updated: Nov 24, 2025
Retail Redevelopment Opportunity Available

1306 Thelma Keller Ave, Effingham, IL

Contact for pricing
10,240 sqft
Located in front of Walmart Supercenter
Redevelopment opportunity
10,240 +/- SF available
Available for sale
Available for lease
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Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 2 Active listings in Effingham, IL, we suggest exploring alternatives. Consider Similar 4 Spaces in Nearby Cities, and Similar 2 Properties for Sales.

Retail properties & Spaces for Lease in Nearby Cities

Here are 4 Similar Spaces we found in Nearby Locations for your consideration.

Retail Space Near Lake Land
Retail Space Near Lake Land

1510-1532 Lake Land Blvd, Mattoon, IL

$10 SF/Yr
1,475 sqft · $1,229/Mo

Retail spaces available near Lake Land College and I-57.

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Retail Space on Lake Land
Retail Space on Lake Land

1500-1504 Lake Land Blvd, Mattoon, IL

Contact for pricing
1,000 sqft

Retail space available for lease, 1000 square feet.

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Retail Space in Olney, Illinois
Retail Space in Olney, Illinois

537 N West St, Olney, IL

Contact for pricing
1,436 sqft

Retail spaces available at Ruler Foods and Glik's anchored site.

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Prime Retail Space Available
Prime Retail Space Available

912 E Main St, Olney, IL 62450

Contact for pricing

Versatile retail space with excellent visibility in Olney, IL.

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Similar Spaces for Sale in Effingham, IL

Consider Similar Space for Sale. We found 2 Spaces matching your search parameters.

Auto Repair Facility with Lifts
Auto Repair Facility with Lifts

2300 Hoffman Drive, Effingham, IL 62401

$975,000
7,080 sqft · 2.52 AC lot

Turnkey auto repair business and real estate with seven lifts, multiple workstations, and a fenced yard on 2.52 acres.

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Medical Condo Office Units
Medical Condo Office Units

401 North Keller Drive, Effingham, IL 62401

$1,200,000
6,000 sqft

Two middle condo suites totaling 6,000 SF, with one vacant and ready for occupancy in an established healthcare-anchored center.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial Land Near Walmart
Commercial Land Near Walmart

E Bill Farr Drive, Terre Haute, IN 47803

$1,000/Mo

Commercial land available for rent near Walmart in Terre Haute.

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Class A Office Suite with Bullpen
Class A Office Suite with Bullpen

1902 Vandalia Street, Collinsville, IL 62234

$5,000/Mo

Recently built office space with private offices, bullpen, and modern amenities for professional teams.

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Commercial Land in Cloverdale, IN
Commercial Land in Cloverdale, IN

N Main Street, Cloverdale, IN 46120

$1,000/Mo

Commercial land available for rent in Cloverdale, Indiana.

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Vacant Commercial Land with I-44 Access
Vacant Commercial Land with I-44 Access

800 S Highway, Fenton, MO 63026

$225,000 SF/Yr

Vacant acreage on I-44 with visibility and access, positioned near restaurants, hotels, and the Amazon warehouse area.

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Effingham, IL Retail properties & Spaces Market Trends and Statistics

Explore Retail properties & Spaces leasing options in Effingham, IL with 2 listings featured on our commercial real estate exchange. The current inventory includes 3,562 square feet of properties with an estimated lease value of $40 SF/Yr.

Estimated lease rates for Retail properties & Spaces in Effingham, IL begin at $18 SF/Yr, with an average of $20 SF/Yr and extend to $22 SF/Yr.
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