123 N 15th St - Office FOR SALE


Mattoon, IL 61938
$1,100,000 USD
217-232-1115
123 N 15th St, Mattoon, IL for Sale
$1,100,000 USD
Office - FOR SALE
1/8
null | 7.96% Cap Rate

123 N 15th St
Mattoon, IL 61938


OVERVIEW

Investment opportunity!!! Well kept office building in downtown Mattoon with stable, long term tenants, including engineering firm , State of Illinois, Lee Enterprises. Property has large (75 spaces) parking lot, great curb appeal with convenient location to Mid-Town Mattoon. Complete New Roof in 2025 on entire building along with all new HCAV rooftop units in last 2 years. One small office space (288 sf) is available for rent.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$75 USD /SF

CAP RATE

7.96%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Midtown Mattoon Multi Tenant Office Building

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1972

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.2 AC

LAND SF

52,133 SF

ZONING

Commercial

APN/PARCEL ID

07-1-03794-000,07-1-05904-000

ASK ABOUT THIS PROPERTY

John InyartTCI Realty, LLCMore Info
217-232-1115

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John InyartTCI Realty, LLCMore Info
217-232-1115

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.