Home > Mattoon > For sale by owner > 4220 Lake Land Blvd, Mattoon, IL 61938

4220 Lake Land Blvd, Mattoon, IL 61938


Price : 150000.00

🛌🏻 1 Bedrooms
🛀🏻 1 Bathrooms
🚗 Parking
Size   831 sq/ft
Built Area   831 sq/ft
Property Type   House for sale
Features   Type:VacantLand, Year Built:, Heating:, Cooling:, Parking:0 spaces, Days on Zillow:161 Days, Offer Review Date:


Off of I-57 - RT 45 Lake Land Blvd. exit site benefits from being close to Lake Land College and Eastern Illinois University, which have 5,000 and 7,415 students enrolled, respectively. The market draws from up to 30 miles in all directions, a market of over 100,000. Vacant Lot in Mattoon next to Mc Donalds South Opening in 2024 in Mattoon Illinois will be Emerald Acres Sports Connection is a $100M indoor and outdoor sports complex development on 150 acres that is projected to draw 580,000 visitors and generate $23.8 million in direct spending and 59,000 hotel room nights on an annual basis. This is a next generation best-in-class youth and amateur sports experience for families and athletes of all ages. It will have a high-quality, program-driven design, including indoor basketball/volleyball courts, outdoor baseball/softball and multipurpose turf fields, family entertainment, medical sector partnerships, food and beverage, and special events, such as concerts, rodeos, and other sports and entertainment experiences. Mattoon’s central location between several major metropolitan statistical areas (Chicago, Indianapolis, and St. Louis) and numerous micropolitan statistical areas is the basis of the projected draw of the development. Youth sports (a $45 billion industry) continues to be a reliable, recession-resistant driver of traffic and is forecasted to grow by 10-15% per year over the next 5-7 years (Wintergreen Research). The retail, restaurant, and hotel component of the 150 AC Emerald Acres development that will benefit from the draw of the sports complex and serve the Mattoon-Charleston Micropolitan Statistical Area, which has a trade area population of 101,319 and currently draws from up to 30 miles in all directions. That draw will expand to at least 200 miles. This location is wonderful for retail, restaurant, and office. Players, families, and coaches, elevating the customer experience and driving repeat visits to the sports complex. Ninety percent of the money in youth travel sports is spent outside of the walls of the venue, and customer analytics confirms that the youth sports tourism audience represents some of the wealthiest lifestyle segments in America today with strong buying power. AVAILABLE: Retail space, restaurant and other retail uses