Retail Building on Deep
For Sale
$74,900
4 N Bourne Street, Tolono, IL 61880
Business Opportunity, Tolono, IL
Property SizeContact for details
Lot Size0.47 Acres
Days on Market297
Property Features for 4 N Bourne Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
COMMR
Directions
From E Main St in Tolono, turn onto N Bourne St. Follow N Bourne, building at corner of N Bourne St and Great Western Ave.
Subdivision
Southern Champaign County / Douglas County
Standard status
Active
APN
292626477001
Lot size
0.47 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
Improvement 477-001 of Tolono - Original Town
Tax Annual Amount
737
Legal Description
Improvement 477-001 of Tolono - Original Town
Utilities
Utilities
Water Available
Cooling system
Window Unit(s)
Building Details
Floors in Building
2
Listing Agency:
RE/MAX REALTY ASSOCIATES-CHA · RE/MAX International
(217) 373-4964
Listed By:
Eddie Mullins · License #475131641
(217) 373-4964
Added: Oct 28, 2025
Changed: Aug 20
Last Checked: Aug 20 at 8:06PM
MLS# 12500516
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This retail building at 4 N Bourne Street in Tolono, Illinois features a flexible floor plan designed to support a range of retail setups. The structure is presented as brick construction and has been described as updated, giving it a shop-ready appearance for a street-facing retail concept.
The property sits on an extra-deep lot measuring 54 feet by 380 feet, providing substantial outdoor area relative to typical retail parcels. The layout and lot depth are positioned to support a variety of business opportunities, including the possibility of multiple business operations within the flexible interior configuration.
Zoning is listed as COMMR. For sale as a commercial retail property, it’s offered for buyers and tenants seeking a brick retail location with room to adapt the space and use the depth of the lot.
The property sits on an extra-deep lot measuring 54 feet by 380 feet, providing substantial outdoor area relative to typical retail parcels. The layout and lot depth are positioned to support a variety of business opportunities, including the possibility of multiple business operations within the flexible interior configuration.
Zoning is listed as COMMR. For sale as a commercial retail property, it’s offered for buyers and tenants seeking a brick retail location with room to adapt the space and use the depth of the lot.
Key Highlights
- Turn‑key shop ready for a new business.
- Extra deep lot (54ft X 380ft) provides potential for additional business income.
- Flexible floor plan accommodates multiple businesses.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
148
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail building on an extra-deep lot with a flexible interior floor plan.
Where is this retail space located?
The property is located at 4 N Bourne Street 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: Turn‑key shop ready for a new business.; Extra deep lot (54ft X 380ft) provides potential for additional business income.; Flexible floor plan accommodates multiple businesses.
