Midtowne Plaza Office/Retail Condo

401 N Keller Dr, Effingham, IL 62401

Property Information

  • For Sale $1,200,000
  • Property Type Retail
  • Property Size 6,000 SF
  • Parking Spaces Avail. 65
  • Year Built 2010
  • Date Updated Jul 7, 2026

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.

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