Advertise
    Mattoon, IL
    Retail

    Mattoon, IL Retail Space for Sale

    Notify Me
    List
    Map
    Charleston, IL Neoga, IL Arcola, IL Sullivan, IL Hindsboro, IL Findlay, IL Shelbyville, IL Tuscola, IL
    Retail, Office
    Updated: May 31
    Retail, Office

    123 North 15th Street, Mattoon, IL 61938

    $1,100,000
    14,588 sqft
    Large parking lot and convenient location to Mid‑Town Mattoon
    New roof completed in 2025 on the entire building
    All HVAC rooftop units replaced within the last 2 years
    One small office space available for rent (288 SF)
    View details
    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.
    View details
    Spacious Retail Property with Living
    Spacious Retail Property with Living

    712 Lake Land Blvd, Mattoon, IL 61938

    $439,000
    7,784 sqft

    Large retail space with living quarters and ample storage.

    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Retail Outlots Near Cross County Mall
    Retail Outlots Near Cross County Mall

    700 Broadway Ave, Mattoon, IL 61938

    Contact for pricing
    1,806 sqft 1.60 AC lot

    Outlots and freestanding building near major retailers and sports complex.

    View details
    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 4 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.

    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.

    View details
    Restaurant Building with Drive-Through
    Restaurant Building with Drive-Through

    430 W State St, Charleston, IL 61920

    $229,000
    3,600 sqft 1.51 AC lot

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

    View details
    Retail Storefront with Drive-Up
    Retail Storefront with Drive-Up

    1820 18th St, Charleston, IL 61920

    $235,000

    Renovated retail storefront on Rt. 130 with covered drive-up facilities, signage, and an unfinished basement.

    View details
    Grocery-Converted Retail With Dock Doors
    Grocery-Converted Retail With Dock Doors

    605 E Southline Rd, Tuscola, IL 61953

    Contact for pricing

    Well-maintained building offers open retail at the front, shipping and receiving at the rear with two overhead dock doors.

    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

    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

    Value Estimation by Request
    1,806 sqft 1.60 AC lot
    View details
    208 Charleston Ave
    Individual retail properties

    208 Charleston Ave, Mattoon, IL 61938

    Value Estimation by Request
    54,394 sqft
    View details

    Mattoon, IL Retail Space Market Trends and Statistics

    Explore 6 retail space for sale in Mattoon, IL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 22,397 square feet of properties for sale, with an estimated market value of $2,039,000.

    Sale prices for retail space in Mattoon, IL start at $439,000, averaging $679,666, and reaching up to $1,100,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Shopping centers 5
    Automotive properties 2
    Banks 2
    Storefront properties 2
    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 $679.7K

    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.

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Browse Retail space for Sale Near Mattoon, IL

    Popular Searches in Mattoon, IL

    Popular Categories

    Most Searched ZIP Codes in Mattoon, IL

    • 61938

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!