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    Effingham, IL
    Retail

    Effingham, IL Retail Properties & Spaces for Sale

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    Teutopolis, IL Altamont, IL Wheeler, IL Neoga, IL Beecher City, IL Newton, IL St Elmo, IL Hidalgo, IL
    Auto Repair Facility with Lifts
    Updated: Jun 30
    Auto Repair Facility with Lifts

    2300 Hoffman Drive, Effingham, IL 62401

    $975,000
    7,080 sqft 2.52 AC lot
    Auto repair business and real estate for sale together; 41 years of continuous operation in the same location.
    7,080 SF main shop building on 2.52 acres (4 parcels) with steel construction and slab foundation.
    Includes 7 car lifts and up to 7 dedicated mechanic workstations, plus supply/parts room and organized office areas.
    Rear of property includes two large covered lean‑tos and a fenced‑in yard for vehicle/equipment storage or staging.
    Public utilities: public sewer and public water; 220‑volt electric.
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    Multi-Tenant Retail Plaza
    Updated: Apr 10
    Multi-Tenant Retail Plaza

    401 S Banker Street, Effingham, IL 62401

    Contact for pricing
    10,401 sqft 1.08 AC lot
    Multi‑tenant retail center with +/- 10,401 SF on approximately 1.08 acres
    100% occupied; 27% of gross leasable area leased through June 2022 for minimal near‑term lease rollover
    Excellent visibility at the signalized intersection of US 40 and S Banker Street with 34,000 VPD passing the corner
    Immediate access to Interstate 70 with over 35,700 vehicles per day
    Tenant leasing updates: CSC Inc. signed a brand new lease on October 1; Apria Healthcare signed a new lease in July
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, 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 several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Downtown Shelbyville Commercial Building
    Downtown Shelbyville Commercial Building

    200 N Morgan Street Shelbyville IL 62565, Shelbyville, IL 62565

    $799,000
    7,768 sqft

    Remodeled commercial building in downtown Shelbyville with flexible space.

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    Self-Service Laundry Retail Space
    Self-Service Laundry Retail Space

    3201 Marshall Ave, Mattoon, IL 61938

    Contact for pricing
    1,500 sqft

    Freestanding retail property with existing laundry infrastructure and a fully unattended operating model.

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    Downtown Main Street Storefront
    Downtown Main Street Storefront

    250 Main Street, Shelbyville, IL 62565

    $275,000

    Commercial space with completed major renovation work and a flexible interior for final layout customization.

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    New Dollar General Plus Store
    New Dollar General Plus Store

    1717 Lake Land Blvd, Mattoon, IL 61938

    Contact for pricing
    10,566 sqft

    New 10,566 SF Dollar General Plus store in Illinois.

    View details

    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 Corner Lot in Taylorville
    Commercial Corner Lot in Taylorville

    E Bidwell Street, Taylorville, IL 62568

    $150,000
    0.60 AC lot

    Commercial corner lot in Grand Plaza, Taylorville, Illinois.

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    Commercial Land with Building
    Commercial Land with Building

    402 W Johnson St, Pocahontas, IL 62275

    $795,000
    3,200 sqft 3.24 AC lot

    3.24 acres with 3,200 sq ft building near I-70.

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    Development Land Along Interstate
    Development Land Along Interstate

    207 & 301 N 44TH ST, Mount, Vernon, IL 62864

    Contact for pricing
    4.86 AC lot

    4.86 acres of development land with interstate frontage.

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    B-2 Zoned Development Parcel
    B-2 Zoned Development Parcel

    1526 Perkins Ave, Mount Vernon, IL 62864

    Contact for pricing
    0.17 AC lot

    B-2 secondary business lot in Mount Vernon, IL, suited for retail, office, or service development.

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    Off-Market Properties in Effingham, IL

    Consider similar Off-Market properties in Effingham, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    803 3Rd St
    Office Spaces

    803 3Rd St, Effingham, IL 62401

    Value Estimation by Request
    1,800 sqft
    View details
    207 St Anthony Ave
    Office Spaces

    207 St Anthony Ave, Effingham, IL 62401

    Value Estimation by Request
    0.14 AC lot
    View details

    Effingham, IL Retail Properties & Spaces Market Trends and Statistics

    Explore 4 retail properties & spaces for sale in Effingham, IL on our real estate platform. These investment opportunities span a total of 17,481 square feet of properties for sale, with an estimated market value of $975,000.

    Sale prices for stores in Effingham, IL average $975,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Shopping centers 2
    Auto shops 1
    Automotive properties 1

    Demographics Overview

    Population 19K
    Population Growth (5Y) +3.5%
    Median Household Income $76,098
    College Educated 39.5%

    High-Yield Neighborhoods for Investment

    Identify Effingham submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    62401 $975K

    Taxes & Financing

    Tax Rate (average for all types) 6.21%
    Property Tax per SF $98.34 per SF
    Average Loan-to-Value 65.0%

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