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    Effingham, IL
    Retail

    Effingham, IL Retail Space for Sale

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    Teutopolis, IL Altamont, IL Wheeler, IL Neoga, IL Beecher City, IL Newton, IL St Elmo, IL Hidalgo, IL
    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 6 Potential Opportunities for your consideration. Besides 1 Active listings in Effingham, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 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.

    Convenience Store Near Coon Creek Campground
    Convenience Store Near Coon Creek Campground

    1643 County Highway 42, Shelbyville, IL 62565

    $199,900
    1,992 sqft

    Turn-key convenience store and bait shop near Lake Shelbyville.

    View details
    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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    Spacious Retail Property with Living
    Spacious Retail Property with Living

    712 Lake Land Blvd, Mattoon, IL 61938

    Contact for pricing
    7,784 sqft

    Large retail space with living quarters and ample storage.

    View details
    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.

    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.

    PUD-Zoned Commercial Land with Frontage
    PUD-Zoned Commercial Land with Frontage

    3229 State Road 207, Elkton, FL 32033

    $1,599,000
    2.07 AC lot

    2.07-acre PUD-zoned parcel on State Hwy 207 with 360 feet of frontage and an on-site renovated 2012 home.

    View details

    Effingham, IL Retail Space Market Trends and Statistics

    Explore 1 retail space for sale in Effingham, IL on our real estate platform. These investment opportunities span a total of 10,401 square feet of properties for sale.

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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%

    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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