Building Details

Year Built 1919

Listing Agency: Coldwell Banker Real Estate Group c***@coldwellhomes.com Show Phone

Listed By: Crystal Semmerling · License #475187582

Source: Compass

Added: May 7 Changed: Jul 21 Last Checked: Jul 23 at 9:52AM

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Investment Insights

Based on property information with market context.

This standalone commercial building offers a bright, open storefront with impressive 12-foot ceilings, plus a reception and serving station with quartz countertops, bar seating, a beverage cooler, and under-counter storage. The layout also includes two adaptable fitting rooms that can serve as private offices or storage, and a rear workspace with large north-facing windows suitable for a conference room, break room, or enclosed office. A full bathroom with updated fixtures completes the main space.

A full basement with 7.5-foot ceilings and wide stair access provides additional area for storage, inventory, or future buildout. Recent updates cited include new HVAC and modern flooring in the residential space, along with updated light fixtures, a front display window, and a double glass door entrance. The stone facade features historic stonework hand-carved by folk artist W. D. Neher in the late 1800s, with work reportedly featured in Illinois State Museum exhibitions.

The property is situated within a TIF district with development incentives and offers easy Interstate 55 access, supporting a range of commercial uses and potential future improvements.

Key Highlights

• Standalone commercial building built in 1919 in downtown Chenoa
• Main level features bright open space with 12‑foot ceilings
• Reception/serving station includes quartz countertops, bar seating, beverage cooler, and under‑counter storage

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Building Supply Hair Salon Auto Parts Store Pharmacy (Bike/Boat/Book/etc) Store

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

12 ft

Clear height

Yes

Highway access

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

155

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 61726, IL

2,417

Population

1,218

Households

2

Avg Household Size

43

Median Age

32%

College-Educated

94%

High-School Grad

94.7 sq mi

ZIP Area

26

Density / Sq Mi

$75,800

Median Household Income

$37,391

Median Earnings

$858

Median Rent

$126,800

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?

Storefront property - Standalone commercial building with 12-foot ceilings, reception/serving station, and a full basement for added storage.

Where is this storefront property located?

The property is located at 231 Green Street Chenoa, IL.

What is the asking price?

The asking price for this property is $125,000.

What are key features of this property?

This property features: Standalone commercial building built in 1919 in downtown Chenoa; Main level features bright open space with 12‑foot ceilings; Reception/serving station includes quartz countertops, bar seating, beverage cooler, and under‑counter storage