Listing Agency: RE/MAX Realty Associates

Listed By: Russ Taylor · License #IL 471001422

Source: Crexi

Added: Apr 11 Changed: Jul 21 Last Checked: Jul 31 at 10:36AM

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Investment Insights

Based on property information with market context.

This property is a retail shop space with heated and cooled interior. The layout is suited for on-site creation and includes a 10-foot garage door that provides convenient drive-in access. Off-street parking is available for customers and staff. The sellers also state documentation for clean soil is available upon request, and an alarm system is active on the property, so appointments are required.

The property is located just off a busy intersection in Mahomet, with a traffic light that stops traffic to improve visibility for businesses.

The offering includes the primary shop area and associated customer parking access, with drive-in capability through the garage door.

Key Highlights

• Retail shop located just off a very busy intersection in Mahomet with a traffic light nearby for visibility.
• Large shop space with heated and cooled interior for year‑round use.
• Off‑street parking available for customers or employees.

Property Analytics

Current Use

Parsons Electric Electrical Service

Suggested Use

Top Pick Law Firm Nail Salon Electrical Service Garden Center (Bike/Boat/Book/etc) Store Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1

Drive-in doors

Location Intelligence

Trade Area within ½ mile

414

Businesses Nearby

Explore this area Business Placement

Demographics for 61853, IL

14,218

Population

5,338

Households

2.7

Avg Household Size

38

Median Age

52%

College-Educated

97%

High-School Grad

48.0 sq mi

ZIP Area

296

Density / Sq Mi

$114,974

Median Household Income

$56,473

Median Earnings

$1,226

Median Rent

$281,500

Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019

15.6% 2020

17.1% 2021

18.9% 2022

21% 2023

22% 2024

21.3% 2025

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Frequently Asked Questions

What type of property is this?

Retail space - Retail shop with heated and cooled interior, off-street parking, and a 10-foot garage door for drive-in access.

Where is this retail space located?

The property is located at 704 East Franklin Street Mahomet, IL.

What are key features of this property?

This property features: Retail shop located just off a very busy intersection in Mahomet with a traffic light nearby for visibility.; Large shop space with heated and cooled interior for year‑round use.; Off‑street parking available for customers or employees.