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Mixed-Use Building With Covered Space
New
For Sale
$599,900

401 W Oak St, Mahomet, IL 61853

Two-story property with paver parking, landscaping, and utilities extended to a separate area of the site.

Property Size1,311 SF
Price / SF$457.59
Days on Market2

Property Features for 401 W Oak St

General Information

Standard status Active
Size 1,311 SF

Additional Details

Utilities to Site Yes

Amenities

expansive paver parking
beautiful landscaping
covered outdoor space

Building Details

Year Built 2004
Buildings 1
Stories 2
Listing Agency: Nate Evans Group
Listed By: Nate Evans · License #475124281
Source: Realtopiare
Added: Sep 10 Last Checked: Sep 10 at 9:39AM

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 two-story mixed-use property combines stone, wood, glass, and dark exterior accents with covered outdoor space, landscaped grounds, and an expansive paver parking area. The building is currently used as a weekly vacation rental and has also accommodated several local businesses. Utilities have been extended to a separate portion of the site, providing existing infrastructure for an additional use or business concept.

The property is located at 401 W Oak St in Mahomet, Illinois, with more than 400 feet of highway frontage. Built in 2004, it offers a distinct physical setting for a range of commercial or mixed-use concepts, subject to applicable approvals and site requirements.

Key Highlights

  • More than 400 feet of highway frontage
  • Two‑story mixed‑use building constructed in 2004
  • Paver parking area with landscaped grounds

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Law Firm Nail Salon HVAC Service Garden Center (Bike/Boat/Book/etc) Store Electrical Service

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

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

400
Businesses Nearby
45k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 48% Shops & Services 43% Home Improvements & Furnishings 9%
Circle K Shops & Services
15,245 visits/mo 0.1 miles
Arby's Dining
8,585 visits/mo 0.4 miles
Jimmy John's Dining
5,925 visits/mo 0.2 miles
Monical's Pizza Dining
4,644 visits/mo 0.2 miles
Busey Shops & Services
4,136 visits/mo 0.3 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Mixed-use property - Two-story property with paver parking, landscaping, and utilities extended to a separate area of the site.
Where is this mixed-use property located?
The property is located at 401 W Oak St Mahomet, IL.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: More than 400 feet of highway frontage; Two‑story mixed‑use building constructed in 2004; Paver parking area with landscaped grounds
More about this property
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