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    Mattoon, IL
    Strip Mall

    Mattoon, IL Strip Malls for Sale

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    Modern Strip Mall For Sale
    Updated: Apr 20
    Modern Strip Mall For Sale

    905 Remington Road, Mattoon, IL 61938

    $2,500,000
    9,938 sqft 2.38 AC lot
    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.
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Mattoon, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

    Springfield Commercial Package Deal
    Springfield Commercial Package Deal

    1295 TORONTO Road, Springfield, IL 62707

    $999,999
    0.74 AC lot

    Remodeled Subway franchise and commercial building for sale in Springfield.

    View details
    Multi-Unit Retail Strip Center
    Multi-Unit Retail Strip Center

    212 W LAUREL Street, Springfield, IL 62704

    $123,000
    0.27 AC lot

    Strip center offers four separate fully rented units with tenants paying their own utilities.

    View details
    Retail Strip Mall Investment Opportunity
    Retail Strip Mall Investment Opportunity

    1001-1015 W Bloomington Rd, Champaign, IL

    $1,290,000
    4,350 sqft 0.44 AC lot

    Fully occupied retail strip mall for sale in Champaign, IL.

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    Retail Investment Opportunity in Champaign
    Retail Investment Opportunity in Champaign

    1807 W Bradley Avenue, Champaign, IL 61821

    Contact for pricing
    4,605 sqft

    Retail property with high visibility and flexible floor plans.

    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 Commercial Land I-55 Access
    Prime Commercial Land I-55 Access

    6000 S 6th Street Frontage Road, Springfield, IL 62702

    $550,000
    1.63 AC lot

    1.63 acre commercial land near I-55 in Springfield, IL.

    View details
    Commercial Corner Land with Signalization
    Commercial Corner Land with Signalization

    9499 Lewis And Clark Boulevard .88 Acres Corner Lot, St, Louis, MO 63136

    $632,000
    0.88 AC lot

    Nearly one acre of corner commercial land with substantial frontage and signalized access for a range of retail or service uses.

    View details
    Commercial Land with Highway Frontage
    Commercial Land with Highway Frontage

    9499 Lewis And Clark Boulevard .88 Acres, St, Louis, MO 63136

    $483,000
    0.88 AC lot

    .88+/- acre site offering 145 feet of frontage for commercial development or a future ground lease.

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    Signalized Corner Commercial Land
    Signalized Corner Commercial Land

    9499 Lewis And Clark Boulevard, St, Louis, MO 63136

    $999,000
    1.76 AC lot

    Hard-corner site with substantial frontage on two roads, positioned for a variety of commercial developments.

    View details

    Mattoon, IL Strip Malls Market Trends and Statistics

    Explore 1 strip malls for sale in Mattoon, IL on our real estate platform. These investment opportunities span a total of 9,938 square feet of properties for sale, with an estimated market value of $2,500,000.

    Sale prices for retail strips in Mattoon, IL start at $2,500,000, averaging $2,500,000, 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

    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 $2.5M

    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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