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Updated Storefront Property
For Sale
$74,900

4 N Bourne St, Tolono, IL 61880

Updated retail storefront with a flexible interior layout and an unusually deep lot for added commercial versatility.

Property Size1,579 SF
Lot Size0.47 Acres
Price / SF$47.44
Days on Market12

Property Features for 4 N Bourne St

General Information

Standard status Active
Size 1,579 SF
Lot size 0.47 Acres
Property subtype Business Opportunity
Listing Agency: RE/MAX REALTY ASSOCIATES-CHA
Listed By: Eddie Mullins · License #475131641
Source: Grandviewrealtyservices
Added: Aug 18 Changed: Aug 29 Last Checked: Aug 29 at 7:32PM

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 RE/MAX REALTY ASSOCIATES-CHA

Investment Insights

Based on property information with market context.

This 1,579-square-foot storefront property at 4 N Bourne St offers an updated interior with ornate, rustic design elements. The flexible floor plan may accommodate multiple businesses, subject to applicable requirements and approvals.

The property occupies an extra-deep 54-foot by 380-foot lot, providing substantial outdoor depth beyond the storefront. Located in Tolono, Illinois, the site combines a customer-facing retail building with a long lot configuration that can support a range of commercial concepts.

Key Highlights

  • 1,579‑square‑foot updated storefront property
  • 54‑foot by 380‑foot lot provides substantial depth
  • Ornate rustic interior design elements

Property Analytics

Current Use

Ben's Barber Shop Barber Shop

Suggested Use

Top Pick Real Estate Agency Dental Office Parking Lot & Garage Spa & Massage Center Building Supply Hair Salon

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

Location Intelligence

Trade Area within ½ mile

148
Businesses Nearby
Under-served
Demand for This Use

Demographics for 61880, IL

4,317
Population
1,894
Households
2.3
Avg Household Size
39
Median Age
28%
College-Educated
100%
High-School Grad
61.8 sq mi
ZIP Area
70
Density / Sq Mi
$89,139
Median Household Income
$48,330
Median Earnings
$881
Median Rent
$227,300
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Updated retail storefront with a flexible interior layout and an unusually deep lot for added commercial versatility.
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 $74,900.
What are key features of this property?
This property features: 1,579‑square‑foot updated storefront property; 54‑foot by 380‑foot lot provides substantial depth; Ornate rustic interior design elements
More about this property
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