Retail

Mahomet, IL Retail Properties & Spaces for Sale

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Fisher, IL Mansfield, IL Dewey, IL Champaign, IL Seymour, IL East Peoria, IL Urbana, IL Savoy, IL
Mixed-Use Building With Covered Space
Updated: Sep 10
Mixed-Use Building With Covered Space

401 W Oak St, Mahomet, IL 61853

$599,900
1,311 sqft
More than 400 feet of highway frontage
Two‑story mixed‑use building constructed in 2004
Paver parking area with landscaped grounds
Covered outdoor space included
Utilities extended to a separate area of the site
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Former Gas Station with Potential
Updated: Nov 21, 2025
Former Gas Station with Potential

603 South Prairie View Road, Mahomet, IL 61853

$475,000
Potential for zoning change to commercial due to surrounding area.
Located approximately one block from Interstate 74.
Existing 3,120 SF building on nearly one acre.
Located across from Dollar General.
Mix of commercial and residential properties in the immediate area.
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See what stands out in Champaign County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 2 Active listings in Mahomet, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 70 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Dollar General NNN Investment Opportunity
Dollar General NNN Investment Opportunity

401 W. Division St., Fisher, IL 61843

$1,093,871
9,300 sqft

Absolute NNN Dollar General with assumable financing until 2030.

View details
Retail Investment Opportunity in Champaign
Retail Investment Opportunity in Champaign

1807 W Bradley Avenue, Champaign, IL 61821

Contact for pricing
4,605 sqft

Retail property with high visibility and flexible floor plans.

View details
Two-Story Flex Building
Two-Story Flex Building

1207 N Mattis Avenue, Champaign, IL 61821

$299,000
1.15 AC lot

Flexible commercial layout accommodates retail, service, and office operations.

View details
Retail Space with Drive-Thru
Retail Space with Drive-Thru

1807-1901 W Bradley Ave, Champaign, IL

Contact for pricing
2,200 sqft 1.04 AC lot

Endcap retail unit with drive-thru and on-site parking.

View details

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial Land Parcel
Commercial Land Parcel

1405 E Oak Street, Mahomet, IL 61853

$1,500,000

Commercial land parcel on Oak Street with stated potential for new construction.

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Commercial Land Development Site
Commercial Land Development Site

700 Eastwood Drive, Mahomet, IL 61853

$1,050,000
1.00 AC lot

Commercial land near a town entry with water available and access to established retail and restaurant brands.

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Commercial Land
Commercial Land

803 N Mattis Avenue, Champaign, IL 61821

$465,000
1.89 AC lot

Commercial land within the Garden Hills TIF District near Parkland College and Kraft.

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Neighborhood Commercial Land
Neighborhood Commercial Land

4202 Nicklaus Drive, Champaign, IL 61822

$750,000
1.92 AC lot

Vacant commercial parcel suited to neighborhood-serving office, retail, and service uses.

View details

Off-Market Properties in Mahomet, IL

Consider similar Off-Market properties in Mahomet, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

401 Main St
BAR, TAVERN

401 Main St, Mahomet, IL 61853-7426

Estimated value:
$710,000
5,424 sqft
View details
403 Main St
RETAIL STORES (PERSONAL SERVICES)

403 Main St, Mahomet, IL 61853-7426

Estimated value:
$265,000
1,102 sqft
View details
1005 Purnell Dr
CONVENIENCE STORE

1005 Purnell Dr, Mahomet, IL 61853-8533

Estimated value:
$2,780,000
6,462 sqft
View details
201 Lombard St
CONVENIENCE STORE

201 Lombard St, Mahomet, IL 61853-9780

Estimated value:
$3,300,000
7,387 sqft
View details
201 Oak St
NURSERY, GREENHOUSE, FLORIST

201 Oak St, Mahomet, IL 61853-9660

Estimated value:
$120,000
2,902 sqft
View details
201 Prairieview Rd
RETAIL STORES (PERSONAL SERVICES)

201 Prairieview Rd, Mahomet, IL 61853-9341

Estimated value:
$3,000,000
10,557 sqft
View details
421 Main St
RETAIL STORES (PERSONAL SERVICES)

421 Main St, Mahomet, IL 61853-7426

Estimated value:
$200,000
1,800 sqft
View details
Mahomet, IL 61853
BARBER, HAIR SALON

Mahomet, IL 61853

Estimated value:
$225,000
280 sqft
View details
700 Eastwood Dr
RESTAURANT

700 Eastwood Dr, Mahomet, IL 61853

Estimated value:
$660,000
2,136 sqft
View details
214 Lk Of The Woods Rd
RETAIL STORES (PERSONAL SERVICES)

214 Lk Of The Woods Rd, Mahomet, IL 61853-9386

Estimated value:
$510,000
5,716 sqft 9.41 AC lot
View details
215 Lk Of The Woods Rd
BAR, TAVERN

215 Lk Of The Woods Rd, Mahomet, IL 61853-2785

Estimated value:
$120,000
2,258 sqft 0.22 AC lot
View details
601 Oak St
DRIVE-THRU RESTAURANT, FAST FOOD

601 Oak St, Mahomet, IL 61853-9204

Estimated value:
$970,000
2,195 sqft
View details
425 Main St
BARBER, HAIR SALON

425 Main St, Mahomet, IL 61853

Estimated value:
$250,000
806 sqft
View details
105 Prairieview Rd
CAR WASH - SELF-SERVE

105 Prairieview Rd, Mahomet, IL 61853-7031

Estimated value:
$155,000
3,250 sqft
View details
704 Franklin St
RETAIL STORES (PERSONAL SERVICES)

704 Franklin St, Mahomet, IL 61853-7028

Estimated value:
$245,000
2,688 sqft
View details
203 Oak St
AUTO REPAIR, GARAGE

203 Oak St, Mahomet, IL 61853-9043

Estimated value:
$200,000
3,048 sqft
View details
201 Oak St
AUTO REPAIR, GARAGE

201 Oak St, Mahomet, IL 61853-9043

Estimated value:
$200,000
1,680 sqft
View details
410 Main St
RETAIL STORES (PERSONAL SERVICES)

410 Main St, Mahomet, IL 61853-7431

Estimated value:
$245,000
2,800 sqft
View details
706 Franklin St
AUTO REPAIR, GARAGE

706 Franklin St, Mahomet, IL 61853-7028

Estimated value:
$250,000
3,360 sqft
View details
802 Franklin St
NURSERY, GREENHOUSE, FLORIST

802 Franklin St, Mahomet, IL 61853-9449

Estimated value:
$220,000
2,273 sqft 0.54 AC lot
View details
804 Eastwood Dr
SHOPPING CENTER, STRIP CENTER

804 Eastwood Dr, Mahomet, IL 61853-7065

Estimated value:
$2,680,000
32,514 sqft 2.81 AC lot
View details
209 Prairieview Rd
AUTO REPAIR, GARAGE

209 Prairieview Rd, Mahomet, IL 61853-9341

Estimated value:
$310,000
4,440 sqft
View details

Mahomet, IL Retail Properties & Spaces Market Trends and Statistics

Explore 72 retail properties & spaces for sale in Mahomet, IL on our real estate platform. These investment opportunities span a total of 1,311 square feet of properties for sale, with an estimated market value of $1,074,900.

Sale prices for stores in Mahomet, IL start at $475,000, averaging $537,450, and reaching up to $599,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Shopping centers 2
Automotive properties 1
Gas stations 1
Grocery and convenience stores 1

Demographics Overview

Population 15K
Population Growth (5Y) +4.8%
Median Household Income $114,974
College Educated 75.9%

High-Yield Neighborhoods for Investment

Identify Mahomet submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
61853 $384.7K

Taxes & Financing

Tax Rate (average for all types) 7.80%
Property Tax per SF $42.58 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Champaign County

New Delisted

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