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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

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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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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.

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.

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Former Auto Dealership on US 41
Former Auto Dealership on US 41

4120 S Us Hwy 41, Terre Haute, IN 47802

$4,000,000
21,400 sqft 4.00 AC lot

19,000 SF building on 4 acres, high traffic location.

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Poplar Street Commercial Opportunity
Poplar Street Commercial Opportunity

1310 Poplar Street, Terre Haute, IN 47807

$335,000
0.44 AC lot

High-visibility commercial property with income potential in Terre Haute.

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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.

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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.

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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.

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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.

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Tolono, IL Auto Shops Market Trends and Statistics

Explore 1 auto shops for sale in Tolono, IL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $0.00.

Sale prices for auto repair shops in Tolono, IL start at $0.00, averaging $0.00, and reaching up to $0.00 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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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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