Tolono, IL Commercial Real Estate for Sale

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Storefront Property with Deep Lot
Updated: Oct 28, 2025
Storefront Property with Deep Lot

4 N Bourne Street, Tolono, IL 61880

$74,900
0.47 AC lot
0.4711‑acre commercial parcel
Deep lot measuring 54 feet by 380 feet
Zoned COMMR
Flexible storefront layout
Window‑unit cooling
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Storefront with Full Basement
Updated: Sep 1
Storefront with Full Basement

102 E Main St, Tolono, IL 61880

$129,900
1,509 sqft
Approximately 1,500‑square‑foot open main level
Full basement with nearly another 1,500 square feet
Existing tenant in place; business is not included in the sale
Restroom and additional support space
Multiple access points
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Updated Storefront Property
Updated Storefront Property

4 N Bourne St, Tolono, IL 61880

$74,900
1,579 sqft 0.47 AC lot

Updated retail storefront with a flexible interior layout and an unusually deep lot for added commercial versatility.

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See what stands out in Champaign County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

Cap Rate available after sign in
NOI available after sign in
Local Demand available after sign in
Former Auto Dealership Campus
Former Auto Dealership Campus

316 W. Reynolds St., Tolono, IL 61880

Contact for pricing
4.40 AC lot

Multi-building automotive facility with a large showroom, offices, service/parts area, and multiple roll-up doors plus additional shop buildings.

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Land
Land

600 County Road 600 North, Tolono, IL 61880

$739,900

Residential land & home lots

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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 5 Active listings in Tolono, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 67 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

Versatile Commercial Property in Champaign
Versatile Commercial Property in Champaign

1069 County Road 900, Champaign, IL 61822

$949,900
5.00 AC lot

Warehouse, office, acreage, and single-family rental near I-57.

View details
Shopping Center with Drive-Through Potential
Shopping Center with Drive-Through Potential

501 Commerce Drive, Savoy, IL 61874

$1,850,000
1.30 AC lot

Two-building retail center with existing tenants, flexible commercial space, and convenient access near US-45.

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Neighborhood Commercial Development Site
Neighborhood Commercial Development Site

103 Calvin Street, Savoy, IL 61874

$125,000

Neighborhood Commercial zoning allows General Retail uses in an established business corridor.

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Champaign Commercial Parcel For Sale
Champaign Commercial Parcel For Sale

3510 S Duncan Rd, Champaign, IL 61822

Contact for pricing
3.39 AC lot

3.39-acre commercial parcel at Curtis Road and Duncan Road.

View details

Off-Market Properties in Tolono, IL

Consider similar Off-Market properties in Tolono, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

104 Long St
COMMERCIAL (GENERAL)

104 Long St, Tolono, IL 61880-9035

$205,000
Estimated value
View details
113 Holden St
COMMERCIAL (GENERAL)

113 Holden St, Tolono, IL 61880-8332

Value Estimation by Request
View details
107 Watson St
COMMERCIAL (GENERAL)

107 Watson St, Tolono, IL 61880-9688

$210,000
Estimated value
View details
102 Long St
COMMERCIAL (GENERAL)

102 Long St, Tolono, IL 61880-9052

$215,000
Estimated value
View details
504 Long St
COMMERCIAL (GENERAL)

504 Long St, Tolono, IL 61880

$405,000
Estimated value
View details
313 Long St
COMMERCIAL (GENERAL)

313 Long St, Tolono, IL 61880-9030

$70,000
Estimated value
View details
102 Vine St
COMMERCIAL (GENERAL)

102 Vine St, Tolono, IL 61880-9820

$235,000
Estimated value
View details
1104 County Rd 900th N
COMMERCIAL (GENERAL)

1104 County Rd 900th N, Tolono, IL 61880-9624

$265,000
Estimated value
3.54 AC lot
View details
108 Main St
COMMERCIAL (GENERAL)

108 Main St, Tolono, IL 61880

$50,000
Estimated value
View details
110 Main St
COMMERCIAL (GENERAL)

110 Main St, Tolono, IL 61880

$50,000
Estimated value
View details
113 Main St
COMMERCIAL (GENERAL)

113 Main St, Tolono, IL 61880-9699

Value Estimation by Request
View details
111 Long St
COMMERCIAL (GENERAL)

111 Long St, Tolono, IL 61880-9034

$215,000
Estimated value
View details
206 Pease St
COMMERCIAL (GENERAL)

206 Pease St, Tolono, IL 61880

$60,000
Estimated value
View details
104 Main St
COMMERCIAL (GENERAL)

104 Main St, Tolono, IL 61880-9686

Value Estimation by Request
View details
507 Long St
COMMERCIAL (GENERAL)

507 Long St, Tolono, IL 61880-9029

$730,000
Estimated value
View details
413 Long St
COMMERCIAL (GENERAL)

413 Long St, Tolono, IL 61880

$170,000
Estimated value
View details
103 Calhoun St
COMMERCIAL (GENERAL)

103 Calhoun St, Tolono, IL 61880

$70,000
Estimated value
View details
Tolono, IL 61880
VACANT COMMERCIAL LAND

Tolono, IL 61880

$165,000
Estimated value
View details
113 Vorcey St
COMMERCIAL (GENERAL)

113 Vorcey St, Tolono, IL 61880-7500

$345,000
Estimated value
View details

Tolono, IL Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Tolono, IL, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 3,088 square feet of properties for sale, with an estimated market value of $1,019,600.

Sale prices for business properties in Tolono, IL start at $74,900, averaging $254,900, and reaching up to $739,900 — 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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Demographics Overview

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

High-Yield Neighborhoods for Investment

Identify Tolono submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
61880 $337.2K

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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