www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
33254358
33254357

401 North Keller Drive, Effingham, IL 62401

Coldwell Banker Commercial Devonshire Realty
Listed by Coldwell Banker Commercial Devonshire Realty
$1,200,000
11 days on market
Updated 11 days ago
Opportunity zone

Midtowne Plaza Office/Retail Condo

Details
Property Type Retail, Office
Sub Type Shopping Center, Traditional Office
Square Footage 6,000
Units 65
Tenancy Multi
Lease Type NNN
Year Built 2010
Ground Lease No

Midtowne Plaza Office/Retail Condo

Marketing description

Property Description

Offering the middle two condo units for sale, which total 6,000 SF. Suite 2 is 2,000 SF and currently vacant and ready for occupancy, and Suite 3 is occupied by Carle Clinic, which is a regional healthcare provider with a”AA” investment grade credit. Carle has been a long standingtenant of the center since it was constructed in 2010. The NOI for 2025 was $87,320, which the last four months in 2025 Unit 2 was vacant and produced no income. If Suite 2 was occupied for all of 2025 the NOI would have been around $102,320. This condo unit would be a great investment for an owner operator.

*Property is Broker owned.

Area Description

The subject property is located along North Keller Drive a main arterial road in Effingham that has over 17,000 vehicles per daypass by it. The center is anchored by Carle Clinic, Jimmy John’s, & Ten Brooke LeAnne Boutique. Effingham is the Crossroads of America and has Interstate 70 and 57 running through it, which boasts over 42,000 vehicles per day. The subject property is located less than a half mile from the interstate.

Listing Contacts

Coldwell Banker Commercial Devonshire Realty
Listed by Coldwell Banker Commercial Devonshire Realty

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591