Retail

Mattoon, IL Retail Space for Sale

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Retail Building on Charleston Avenue
Updated: Sep 12, 2025
Retail Building on Charleston Avenue

1400 Charleston Ave |, Mattoon, IL 61938

$500,000
25 sqft
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.
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Freestanding NNN Retail Property
Updated: Aug 10
Freestanding NNN Retail Property

317 Lake Land Blvd, Mattoon, IL 61938

Contact for pricing
6,914 sqft
6,914‑square‑foot freestanding retail building built in 2015
100% occupied by Advance Auto Parts
NNN lease with landlord responsibility limited to structure and foundation
Primary lease term expires August 31, 2030
Three 5‑year renewal options
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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.

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Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
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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A-Frame Retail Space
A-Frame Retail Space

3320 Marshall Avenue, Mattoon, IL 61938

$99,900

Open layout with vaulted ceilings, covered porch, parking, and existing salon fixtures.

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Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 5 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

Opportunities in Nearby Cities

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

Two-Entrance Storefront Building
Two-Entrance Storefront Building

202-04 E Main St, Arcola, IL 61910

$100,000
2,800 sqft

Corner-site retail property with alley access and flexible single- or two-unit configuration.

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37,619 SF Former Grocery Store
37,619 SF Former Grocery Store

605 E Southline Rd, Tuscola, IL 61953

$990,000
37 sqft

Well-maintained building with ample parking and multiple uses.

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Corner Storefront Property
Corner Storefront Property

202-04 E Main Street, Arcola, IL 61910

$94,000
0.74 AC lot

Brick commercial building with two entrances and flexible single- or two-unit configuration.

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Open-Concept Retail Space
Open-Concept Retail Space

901 E Southline Road, Tuscola, IL 61953

$365,000
0.80 AC lot

The building offers an open interior, central air, and proximity to I-57.

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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

402 Richmond Ave, Mattoon, IL 61938

Estimated value: by Request
1,806 sqft 1.60 AC lot
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208 Charleston Ave
Individual retail properties

208 Charleston Ave, Mattoon, IL 61938

Estimated value: by Request
54,394 sqft
View details

Mattoon, IL Retail Space Market Trends and Statistics

Explore 7 retail space for sale in Mattoon, IL, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 16,223 square feet of properties for sale, with an estimated market value of $599,900.

Sale prices for retail space in Mattoon, IL start at $99,900, averaging $299,950, 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

Commercial property segments ranked by active listings on the market

Shopping centers 11
Storefront properties 6
Automotive properties 3
Auto shops 1

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 average listing prices of real estate assets

Neighborhood Average Price
61938 $300K

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%

Property Size Breakdown

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

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