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    Mattoon, IL
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    Mattoon, IL Retail Space for Sale

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    Charleston, IL Neoga, IL Arcola, IL
    Spacious Retail Property with Living
    $439,000
    7,784 SF
    Spacious Retail Property with Living

    712 Lake Land Blvd, Mattoon, IL 61938

    Large retail space with living quarters and ample storage.
    • Almost 8000 SQ FT under roof.
    • Includes living quarters.
    • Business opportunity: Current owners retiring.
    • Plenty of parking.
    • Overhead doors.
    Updated: Mar 20
    View details
    Retail Building on Charleston Avenue
    $500,000
    Retail Building on Charleston Avenue

    1400 Charleston Ave |, Mattoon, IL 61938

    Retail building leased to a national tenant in Mattoon, Illinois.
    • National tenant provides stable income stream.
    • Investment grade tenant minimizes risk.
    • Seven‑year gross lease ensures predictable cash flow.
    • Fee simple interest offers full ownership rights.
    • Retail building provides tangible asset.
    Updated: Sep 12, 2025
    View details
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 2 Active listings in Mattoon, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, 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.

    Multi-Use Office and Annex Property
    $275,000
    Multi-Use Office and Annex Property

    Corner-lot commercial building with multiple office rooms, waiting and conference space, plus detached recreation and garage conversions.

    114 W Houghton Street, Tuscola, IL 61953

    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
    Camargo Commercial Property on US 36
    $199,900
    4,193 SF
    Camargo Commercial Property on US 36

    Commercial property on 1.6 acres with potential for various businesses.

    1500 E US Highway 36, Camargo, IL 61919

    View details
    Camargo Commercial Property on US-36
    $199,900
    4,193 SF
    Camargo Commercial Property on US-36

    Commercial property on 1.6 acres with business potential.

    1500 US-36, Camargo, IL 61919

    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.

    Prime PUD-Zoned Land Opportunity
    $1,599,000
    900 SF
    Prime PUD-Zoned Land Opportunity

    2.07 acres of PUD-zoned land in a growing corridor.

    3229 State Road 207, Elkton, FL 32033

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

    208 Charleston Ave, Mattoon, IL 61938

    View details

    Mattoon, IL Retail Space Investment Opportunities Market Analysis

    Explore 4 retail space for sale in Mattoon, IL on our real estate platform. These investment opportunities span a total of 7,809 square feet of properties for sale, with an estimated market value of $939,000.

    Sale prices for retail space in Mattoon, IL start at $439,000, averaging $469,500, and reaching up to $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 $469.5K

    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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