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    Mattoon, IL
    Strip Mall

    Mattoon, IL Strip Malls for Sale

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    Modern Strip Mall For Sale
    Updated: May 19
    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 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 5 Potential Opportunities for your consideration. Besides 1 Active listings in Mattoon, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    B-3 Zoned Strip Center
    B-3 Zoned Strip Center

    1423 E Mound Rd, Decatur, IL 62526

    Contact for pricing
    11,856 sqft

    B-3 zoned strip center offering flexible space within a multi-tenant retail configuration.

    View details
    Decatur Retail Strip Center
    Decatur Retail Strip Center

    1423 E Mound Rd, Decatur, IL

    Contact for pricing
    6,000 sqft 0.69 AC lot

    6,000 SF retail center in Decatur, Illinois for sale.

    View details
    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
    Neighborhood Retail Strip Center
    Neighborhood Retail Strip Center

    1807-1901 W Bradley Ave, Champaign, IL 61821

    Contact for pricing
    10,105 sqft

    Retail strip center offers flexible inline suites and 34 on-site parking spaces, with Suite F available for lease.

    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 average $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 15
    Storefront properties 9
    Automotive properties 4
    Auto shops 2
    Banks 2

    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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