120 14Th StMattoon, IL 61938

  • Industrial properties
  • 5.40 AC
For Sale
$795,000 View listing

Property Details for 120 14Th St

Lot size
5.40 AC
Property type
Industrial properties
APN
07-1-03651-000
APU
7103651000

Description

This exceptional 6.36-acre commercial land parcel presents a remarkable opportunity for industrial development or business expansion. Strategically located at 120 N 14th Street in Mattoon, Illinois (APN: 07-1-03651-000), this property offers significant potential for a wide range of commercial ventures. The expansive lot size provides ample space for construction and future growth. The property is zoned C-3 Commercial, according to Mattoon, IL zoning ordinances, ensuring flexibility in development plans. Situated in the heart of Mattoon, this location benefits from excellent accessibility and visibility, making it an attractive proposition for businesses seeking a prominent presence in a thriving community. The property's blank slate nature allows for complete customization to meet specific development needs. This is a rare opportunity to acquire a substantial commercial land parcel in a desirable location. The asking price is $795,000. Further details are available upon request.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $65,698,400
    Hospitality
    $60,179,380
    Educational
    $50,068,540
    Medical
    $51,790,472
    Retail
    $77,884,392

Location Insight

City
Mattoon
County
Coles
State
Illinois
Latitude
39.4838
Longitude
-88.3698
CBSA code
16660
CBSA name
CHARLESTON-MATTOON, IL MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2020
$7,440
$86,788
-
$86,788
-
$260,364
-
$260,364

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