Mixed-Use Retail and Office
122-124 East Sangamon Avenue Rantoul, IL 61866
For Sale
$145,000
Two separate street-level storefront/office spaces with individual entrances, plus potential for additional residential units above.
Property Size395 SF
Price / SF$367.09
Days on Market101
Property Features for 122-124 East Sangamon Avenue
General Information
- Standard status
- Active
- Size
- 395 SF
Listing Agency:
Nate Evans Group
(217) 239-7113
Listed By:
Nate Evans · License #475124281
(217) 239-7113
Source:
Compass
Added: Apr 14
Changed: Jul 10
Last Checked: Jul 23 at 11:02AM
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.
This mixed-use building was formerly used as two separate commercial businesses and is configured to support multiple occupancies. The main level includes two storefront/office spaces, each with its own entrance, allowing for separate tenant use or one unit occupied while another is leased. Above one of the commercial units, there is an opportunity to build out two studio apartments, creating the option to add residential income potential to the property.
Located in the heart of downtown Rantoul, the property is positioned near local businesses, restaurants, and community amenities. This setting is intended to support commercial foot traffic and visibility for storefront-oriented operations.
For investors, the property’s multi-space layout and the potential for additional studio apartments above one unit offer flexibility in how it can be marketed and occupied. Owner-operators may also benefit from the ability to run a business from one entrance while maintaining a separate, independently accessed space for another tenant. Overall, it presents a practical option for buyers seeking a centrally located commercial asset with room to adapt to changing occupancy needs.
Located in the heart of downtown Rantoul, the property is positioned near local businesses, restaurants, and community amenities. This setting is intended to support commercial foot traffic and visibility for storefront-oriented operations.
For investors, the property’s multi-space layout and the potential for additional studio apartments above one unit offer flexibility in how it can be marketed and occupied. Owner-operators may also benefit from the ability to run a business from one entrance while maintaining a separate, independently accessed space for another tenant. Overall, it presents a practical option for buyers seeking a centrally located commercial asset with room to adapt to changing occupancy needs.
Key Highlights
- Two separate street‑level storefront/office spaces, each with its own entrance
- Property previously used as two separate commercial businesses
- Up to four potential income‑producing spaces, including possibilities beyond the current commercial units
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Storefront properties
Similar Off Market Nearby
- Rantoul Flower Delivery — Cemetery Rd, Rantoul, IL 61866, United States
FAQs
What type of property is this?
Storefront property - Two separate street-level storefront/office spaces with individual entrances, plus potential for additional residential units above.
Where is this storefront property located?
The property is located at 122-124 East Sangamon Avenue Rantoul, IL.
What is the asking price?
The asking price for this property is $145,000.
What are key features of this property?
This property features: Two separate street‑level storefront/office spaces, each with its own entrance; Property previously used as two separate commercial businesses; Up to four potential income‑producing spaces, including possibilities beyond the current commercial units
