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    Tolono, IL
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    Tolono, IL Auto Shops for Sale

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    Savoy, IL Champaign, IL Philo, IL Urbana, IL Sidney, IL Villa Grove, IL Bondville, IL Ivesdale, IL
    Former Auto Dealership Campus
    Updated: Apr 10
    Former Auto Dealership Campus

    316 W. Reynolds St., Tolono, IL 61880

    Contact for pricing
    4.40 AC lot
    Five commercial buildings totaling almost 30,000 sq ft on 4.4 acres in an Ozarks retail and commercial district
    Main building is a former Ford new car dealership with almost 20,000 sq ft for showroom, offices, service/parts, shop, and waiting room
    Over 200 parking spaces and 3 roll‑up doors approximately 16–18 ft high
    Includes canopy space: 2,100 sq ft (NW) and 960 sq ft (SE)
    Additional buildings include a 6,500 sq ft body shop, a 2,300 sq ft former parts store, and two 3,000 sq ft metal buildings
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Tolono, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Landmark Multi-Story Warehouse
    Landmark Multi-Story Warehouse

    303 South Main Street, Bloomington, IL 61701

    $979,000
    22,651 sqft

    Landmark three-story commercial building with interior space and downtown Bloomington proximity to the sheriff’s office.

    View details
    Transmission Repair Business and Property
    Transmission Repair Business and Property

    1519 N Willis Ave, Champaign, IL 61821

    $575,000
    4,510 sqft

    Well-equipped auto shop with established business for sale.

    View details
    Take 5 Champaign Investment Opportunity
    Take 5 Champaign Investment Opportunity

    1701 West Springfield Avenue, Champaign, IL 61821

    $2,029,230
    1,372 sqft

    1,372 SF Take 5 property for sale in Champaign, IL.

    View details
    Collision Repair Auto Shop
    Collision Repair Auto Shop

    1 Audie Murphy Drive, Bloomington, IL 61704

    Contact for pricing

    Collision repair facility about 7 years old, offered with building, tools, materials, client list, and a DRP contract.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Springfield Commercial Land Opportunity
    Springfield Commercial Land Opportunity

    W WABASH Avenue, Springfield, IL 62711

    $7,900,000
    28.79 AC lot

    28+ acres of commercial land ready for development.

    View details
    Kankakee Redevelopment Opportunity
    Kankakee Redevelopment Opportunity

    590 S Washington Avenue, Kankakee, IL 60901

    $125,000
    1,100 sqft 0.30 AC lot

    Former gas station/convenience store ideal for redevelopment.

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    Zoned B-2 Commercial Infill Lot
    Zoned B-2 Commercial Infill Lot

    Weston Pointe Drive, Carmel, IN 46032

    $799,900
    1.00 AC lot

    Commercial lot zoned B-2 with shared parking agreement providing up to 90+ spaces.

    View details
    Corner Commercial Land Site
    Corner Commercial Land Site

    1401 S Meridian Street, Indianapolis, IN 46225

    $74,000
    0.12 AC lot

    Corner lot with full frontage on two city streets and utilities available, positioned for a broad range of commercial uses.

    View details

    Tolono, IL Auto Shops Market Trends and Statistics

    Explore 1 auto shops for sale in Tolono, IL on our real estate platform.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Auto shops 1

    Demographics Overview

    Population 4,558
    Population Growth (5Y) +19.0%
    Median Household Income $89,139
    College Educated 37.9%

    Taxes & Financing

    Tax Rate (average for all types) 6.41%
    Property Tax per SF $7.72 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Champaign County

    New Delisted

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