Mixed-Use Property with
For Sale
$130,000
122-124 E Sangamon Avenue, Rantoul, IL 61866
Two separately entered commercial spaces occupy the main level, with potential for studio apartments above one unit.
Property SizeContact for details
Days on Market93
Property Features for 122-124 E Sangamon Avenue
General Information
Standard status
Active
Property subtype
Commercial
Zoning
RTAIL
Taxes and HOA fees
Annual Taxes
$3,532
Building Details
Stories
2
Units
2
Listing Agency:
Nate Evans Group
(217) 239-7113
Listed By:
Nate Evans · License #475124281
(217) 239-7113
Source:
Gia-sells
Added: Jun 1
Changed: Aug 31
Last Checked: Aug 4 at 5:07AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Nate Evans Group
Investment Insights
Based on property information with market context.
Located at 122-124 E Sangamon Avenue, this mixed-use property includes two main-level storefront/office spaces, each accessed through its own entrance. The layout previously accommodated two separate commercial businesses and allows for independent occupancy or continued commercial use across the existing spaces.
Above one of the commercial units, the property offers potential to build out two studio apartments. This configuration creates a combination of existing commercial space and future residential components within the same building. The property is situated in downtown Rantoul near local businesses, restaurants, and community amenities, and carries RTAIL zoning.
Above one of the commercial units, the property offers potential to build out two studio apartments. This configuration creates a combination of existing commercial space and future residential components within the same building. The property is situated in downtown Rantoul near local businesses, restaurants, and community amenities, and carries RTAIL zoning.
Key Highlights
- Two main‑level storefront/office spaces with separate entrances
- Potential buildout for two studio apartments above one commercial unit
- Previously used for two separate commercial businesses
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
426
Businesses Nearby
Explore this area
Business Placement
Demographics for 61866, IL
13,459
Population
6,280
Households
2.1
Avg Household Size
37
Median Age
13%
College-Educated
91%
High-School Grad
80.0 sq mi
ZIP Area
168
Density / Sq Mi
$51,389
Median Household Income
$38,439
Median Earnings
$892
Median Rent
$111,900
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two separately entered commercial spaces occupy the main level, with potential for studio apartments above one unit.
Where is this mixed-use property located?
The property is located at 122-124 E Sangamon Avenue Rantoul, IL.
What is the asking price?
The asking price for this property is $130,000.
What are key features of this property?
This property features: Two main‑level storefront/office spaces with separate entrances; Potential buildout for two studio apartments above one commercial unit; Previously used for two separate commercial businesses
