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    4 N Bourne St Tolono, IL 61880

    For Sale
    $79,900

    Business Opportunity - Tolono, IL

    Property size:
    1,579 SF
    Days on Market:
    39
    Last Refresh:
    Dec 5 at 10:06 am

    Property Features for 4 N Bourne St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    COMMR
    APN
    292626477001
    Size
    1,579 SF

    Utilities

    Cooling system
    Multi Units, Window Unit(s)

    Building Details

    Architectural style
    Other

    RE/MAX Realty Associate (217) 373-4964 [email protected]

    Listing agent Eddie Mullins (217) 373-4964 License #475131641

    Listing date Oct 28, 2025

    MLS# 12500516 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turn-Key Shop in Tolono, IL

    This updated property in Tolono, Illinois, presents a business opportunity for entrepreneurs looking to open a brick-and-mortar shop. The property offers creative opportunities to showcase a new business to the public. Situated on a 54ft X 380ft lot, the property provides a separate opportunity for potential supporting business income ideas. The flexible floor plan could accommodate multiple businesses for those looking to generate even more income. The property measures 1579 square feet and is located in Champaign County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ben's Barber Shop Barber Shop

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Hotel & Motel Kitchen & Bath

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tolono
    County
    Champaign
    State
    Illinois
    Longitude
    -88.2585501
    Latitude
    39.9847741

    FAQs

    What type of property is this?
    Storefront property - Updated storefront property perfect for entrepreneurs in Tolono, Illinois.
    Where is this storefront property located?
    The property is located at 4 N Bourne St Tolono, IL.
    What is the asking price?
    The asking price for this property is $79,900.
    What are key features of this property?
    This property features: - Turn-key shop ready to showcase a new business.; - Extra deep lot (54ft X 380ft) provides potential for additional business income.; - Flexible floor plan accommodates multiple businesses.
    (217) 373-4964
    Request Owner's contact information
    4 N Bourne St Tolono, IL 61880
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    Tolono, IL 61880
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4 N Bourne St Tolono, IL 61880
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