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    Mattoon, IL
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    Mattoon, IL Retail Properties & Spaces for Sale

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    Charleston, IL Neoga, IL Arcola, IL
    9 results
    Modern Strip Mall For Sale
    $2,500,000
    9,938 SF

    Modern Strip Mall For Sale

    905 Remington Road, Mattoon, IL 61938

    Built in 2017, this strip mall offers great investment potential.

    • Excellent location with great access to the interstate, big box stores, and restaurants.
    • Modern construction: Built in 2017.
    • Substantial building size: 9,938 square feet.
    • Large lot size: 2.38 acres.
    • Equipped with 3‑phase electric power.
    Updated: Apr 20
    View details
    Retail Building in Mattoon, Illinois
    $500,000
    25,000 SF

    Retail Building in Mattoon, Illinois

    1401 Charleston Ave, Mattoon, IL

    Retail building leased to a national tenant for sale.

    • National tenant provides a reliable income stream.
    • Investment grade tenant ensures stability.
    • Seven‑year gross lease offers long‑term security.
    • Retail building in a visible location.
    • Fee simple interest.
    Updated: Sep 1, 2025
    View details
    Spacious Retail Property with Living
    $439,000
    7,784 SF

    Spacious Retail Property with Living

    Large retail space with living quarters and ample storage.

    712 Lake Land Blvd, Mattoon, IL 61938
    View details
    Valvoline Corporate Lease Investment Opportunity
    $1,195,000

    Valvoline Corporate Lease Investment Opportunity

    New, long-term corporate lease with options in Mattoon, Illinois.

    700 Broadway Ave E, Mattoon, IL 61938
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    Former KFC Investment Property
    $550,000
    2,449 SF

    Former KFC Investment Property

    Former KFC property in Mattoon, Illinois, for sale.

    1000 Charleston Ave, Mattoon, IL
    View details
    Retail Building on Charleston Avenue
    $500,000

    Retail Building on Charleston Avenue

    Retail building leased to a national tenant in Mattoon, Illinois.

    1400 Charleston Ave |, Mattoon, IL 61938
    View details
    Turnkey Investment Property with Expansion Potential
    $495,000
    0.48 Acres

    Turnkey Investment Property with Expansion Potential

    Leased retail spaces with vacant lot for future development.

    921 Lake Land Blvd, Mattoon, IL 61938
    View details
    New Dollar General Plus Store
    $2,124,439
    10,566 SF

    New Dollar General Plus Store

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

    1717 Lake Land Blvd, Mattoon, IL 61938
    View details
    Former Bank Building Near Mall
    Contact for pricing
    1,806 SF

    Former Bank Building Near Mall

    1,806 SF former bank building on 1.6 AC for sale.

    402 Richmond Ave E, Mattoon, IL 61938
    View details
    Based on your search, we've compiled 21 Potential Opportunities for your consideration. Besides 9 Active listings in Mattoon, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 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.

    Restaurant Building with Drive-Through
    $270,000
    3,600 SF

    Restaurant Building with Drive-Through

    3,600 SF restaurant building with drive-through and full kitchen.

    430 W State St, Charleston, IL 61920
    View details
    37,619 SF Former Grocery Store
    $990,000

    37,619 SF Former Grocery Store

    Well-maintained building with ample parking and multiple uses.

    605 E Southline Rd, Tuscola, IL 61953
    View details
    Former Grocery Store with Parking
    $990,000
    37,619 SF

    Former Grocery Store with Parking

    37,619 SF building, formerly a grocery store, for sale.

    607 E Southline Rd, Tuscola, IL
    View details
    Charleston, IL Former KFC Property
    Contact for pricing
    3,160 SF

    Charleston, IL Former KFC Property

    Former KFC property with drive-thru in Charleston, Illinois.

    2310 Lincoln Ave, Charleston, IL
    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.

    Tuscola Land For Sale
    Contact for pricing

    Tuscola Land For Sale

    Corner lot near downtown, suitable for commercial or residential use.

    206 S Washington Street, Tuscola, IL 61953
    View details
    Prime Commercial Lot in Savoy
    $125,000

    Prime Commercial Lot in Savoy

    Last available lot in a thriving Savoy commercial area.

    103 Calvin Street, Savoy, IL 61874
    View details
    Savoy, IL Commercial Development Land
    $450,000
    1.97 Acres

    Savoy, IL Commercial Development Land

    1.97-acre commercial parcel in high-growth Savoy corridor.

    612 CLARENDON Court, Savoy, IL 61874
    View details
    Commercial Land Near Main Street
    $30,000
    0.91 Acres

    Commercial Land Near Main Street

    0.91 acre commercial lot with endless opportunities in Sidney, IL.

    413 W Main Street, Sidney, IL 61877
    View details

    Off-Market Properties in Mattoon, IL

    Consider similar Off-Market properties in Mattoon, 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.

    402 Richmond Ave
    Individual retail properties
    1,806 SF Lot: 1.60 Acres
    Value Estimation by Request

    402 Richmond Ave, Mattoon, IL 61938

    View details
    1500 Lakeland Mattoon Il
    Power centers
    31,585 SF
    Value Estimation by Request

    1500 Lakeland Mattoon Il, Mattoon, IL 61938

    View details
    402 Richmond Ave
    Individual retail properties
    1,806 SF Lot: 1.60 Acres
    Value Estimation by Request

    402 Richmond Ave, Mattoon, IL 61938

    View details
    208 Charleston Ave
    Individual retail properties
    54,394 SF
    Value Estimation by Request

    208 Charleston Ave, Mattoon, IL 61938

    View details

    Mattoon, IL Retail Properties & Spaces Investment Opportunities Market Analysis

    Explore 13 retail properties & spaces for sale in Mattoon, IL, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 55,762 square feet of properties for sale, with an estimated market value of $6,613,439.

    Sale prices for stores in Mattoon, IL start at $439,000, averaging $1,102,239, and reaching up to $2,500,000 — 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

    Shopping centers 5
    Banks 2
    Auto shops 1
    Automotive properties 1
    Grocery and convenience stores 1

    Property Size Breakdown

    The majority of commercial real estate listings in Mattoon fall within the 50,000 to 100,000 square foot range.

    Demographics Overview

    Population 20K
    Population Growth (5Y) -6.4%
    Median Household Income $54,288
    College Educated 31.1%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    61938 $1.2M

    Taxes & Financing

    Tax Rate (average for all types) 7.54%
    Tax Rate vs County Average 0.14 pp below county avg
    Average Loan-to-Value 65.0%

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