Tolono, IL Commercial Real Estate for Sale

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Savoy, IL Champaign, IL Philo, IL Urbana, IL Sidney, IL Villa Grove, IL Bondville, IL Ivesdale, IL
Retail Building on Deep Lot
Updated: Oct 28, 2025
Retail Building on Deep Lot

4 N Bourne Street, Tolono, IL 61880

$74,900
0.47 AC lot
Turn‑key shop ready for a new business.
Extra deep lot (54ft X 380ft) provides potential for additional business income.
Flexible floor plan accommodates multiple businesses.
Updated property with ornate, rustic features.
Water Available
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Updated Retail Storefront with Flexible Layout
Updated: Oct 28, 2025
Updated Retail Storefront with Flexible Layout

4 N Bourne Street, Tolono, IL 61880

$74,900
0.47 AC lot
Updated storefront on a brick/mortar property with an ornate, rustic exterior
Extra‑deep lot measuring 54 ft x 380 ft
Flexible floor plan that could accommodate multiple businesses
Additional space on the deep lot may support ideas for additional business income
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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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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 3 Active listings in Tolono, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 69 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.

Savoy, IL Commercial Space
Savoy, IL Commercial Space

501 Commerce Drive, Savoy, IL 61874

$1,850,000
3,365 sqft 1.30 AC lot

Prime commercial space in a thriving Savoy location!

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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.

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Champaign Commercial Parcel For Sale
Champaign Commercial Parcel For Sale

3510 S Duncan Rd, Champaign, IL 61822

$886,010
3.39 AC lot

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

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19 Acres Zoned Commercial Land
19 Acres Zoned Commercial Land

505 S Dunlap Ave, Savoy, IL 61874

Contact for pricing
19.00 AC lot

19 acres of commercial land adjacent to Wal-Mart.

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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

Value Estimation by Request
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

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

102 Long St, Tolono, IL 61880-9052

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

504 Long St, Tolono, IL 61880

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

313 Long St, Tolono, IL 61880-9030

Value Estimation by Request
View details
102 Vine St
COMMERCIAL (GENERAL)

102 Vine St, Tolono, IL 61880-9820

Value Estimation by Request
View details
1104 County Rd 900th N
COMMERCIAL (GENERAL)

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

Value Estimation by Request
3.54 AC lot
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108 Main St
COMMERCIAL (GENERAL)

108 Main St, Tolono, IL 61880

Value Estimation by Request
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110 Main St
COMMERCIAL (GENERAL)

110 Main St, Tolono, IL 61880

Value Estimation by Request
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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

Value Estimation by Request
View details
206 Pease St
COMMERCIAL (GENERAL)

206 Pease St, Tolono, IL 61880

Value Estimation by Request
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

$760,000
Estimated value
View details
413 Long St
COMMERCIAL (GENERAL)

413 Long St, Tolono, IL 61880

Value Estimation by Request
View details
103 Calhoun St
COMMERCIAL (GENERAL)

103 Calhoun St, Tolono, IL 61880

Value Estimation by Request
View details
Tolono, IL 61880
VACANT COMMERCIAL LAND

Tolono, IL 61880

Value Estimation by Request
View details
113 Vorcey St
COMMERCIAL (GENERAL)

113 Vorcey St, Tolono, IL 61880-7500

Value Estimation by Request
View details
102 Woodworth Dr
COMMERCIAL (GENERAL)

102 Woodworth Dr, Tolono, IL 61880-9818

Value Estimation by Request
7.07 AC lot
View details
101 Watson St
COMMERCIAL (GENERAL)

101 Watson St, Tolono, IL 61880-9688

Value Estimation by Request
View details

Tolono, IL Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Tolono, IL, showcased through 3 active listings 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 $149,800.

Sale prices for business properties in Tolono, IL start at $0.00, averaging $49,933, and reaching up to $74,900 — 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 $79.9K

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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