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Property profile

4 N Bourne St Tolono, IL 61880

FOR SALE
Other commercial real estate
Property ID
US28-0995743
Individually Owned Owner of record is an individual. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a retail storefront with an updated interior and a flexible floor plan intended to accommodate more than one business concept, supporting product display and direct public sales. It is situated on an extra-deep lot measuring approximately 54 feet by 380 feet, providing substantial outdoor depth that can support a range of site uses. The building configuration allows for adaptable interior layouts within the existing footprint and offers additional space associated with the larger lot.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$698
Tax billed · 2023
Assessed value$11k
Assessed improvement$11k
Effective rate6.39%

Value estimate

· Oct 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

What actually traded nearby?
$350/SF
County average, outlier-cleaned · 19 recorded sales of this use type
Observed band · Q1–Q3$77 – $1,733

Cap rate analysis

How does the asset earn?
19.10%
$13k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCHAMPAIGN

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency12.3
Dental Office11.4
Parking Facility9.9

Location

4 N Bourne St Tolono, IL 61880
County assessor Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
104 Long, Tolono, IL 61880-9035 $225,000 Jan 2026 No data
113 Holden, Tolono, IL 61880-8332 $34,250 Feb 2025 No data
107 Watson, Tolono, IL 61880-9688 $210,000 Jan 2025 No data
102 Long, Tolono, IL 61880-9052 $215,000 Nov 2024 No data
504 Long, Tolono, IL 61880 $405,000 Apr 2024 No data
313 Long, Tolono, IL 61880-9030 $70,000 Dec 2023 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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