Retail

Tolono, IL Retail Properties & Spaces for Sale

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Savoy, IL Champaign, IL Philo, IL Urbana, IL Sidney, IL Villa Grove, IL Bondville, IL Ivesdale, IL
Retail Building on Deep Lot
Updated: Oct 28, 2025
Retail Building on Deep Lot

4 N Bourne Street, Tolono, IL 61880

$74,900
0.47 AC lot
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.
Updated property with ornate, rustic features.
Water Available
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Updated Retail Storefront with Flexible Layout
Updated: Oct 28, 2025
Updated Retail Storefront with Flexible Layout

4 N Bourne Street, Tolono, IL 61880

$74,900
0.47 AC lot
Updated storefront on a brick/mortar property with an ornate, rustic exterior
Extra‑deep lot measuring 54 ft x 380 ft
Flexible floor plan that could accommodate multiple businesses
Additional space on the deep lot may support ideas for additional business income
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Former Auto Dealership Campus
Former Auto Dealership Campus

316 W. Reynolds St., Tolono, IL 61880

Contact for pricing
4.40 AC lot

Multi-building automotive facility with a large showroom, offices, service/parts area, and multiple roll-up doors plus additional shop buildings.

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Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 Active listings in Tolono, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

Commercial Building with Established Tenants
Commercial Building with Established Tenants

1205 S Mattis Avenue, Champaign, IL 61821

$850,000
6,200 sqft 0.55 AC lot

6,200 SF commercial building with three tenants in place.

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Freestanding Retail/Office Building for Lease
Freestanding Retail/Office Building for Lease

2103 N Dunlap Ave, Champaign, IL

$650,000
3,160 sqft 0.41 AC lot

Freestanding retail/office building in Champaign, subject to Savoy Zoning.

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Prime Commercial Lot in Savoy
Prime Commercial Lot in Savoy

103 Calvin Street, Savoy, IL 61874

$125,000
3,800 sqft 0.33 AC lot

Last available lot in a thriving Savoy commercial area.

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Savoy, IL Commercial Space
Savoy, IL Commercial Space

501 Commerce Drive, Savoy, IL 61874

$1,850,000
3,365 sqft 1.30 AC lot

Prime commercial space in a thriving Savoy location!

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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 Development Land Parcel
Commercial Development Land Parcel

612 CLARENDON Court, Savoy, IL 61874

$450,000
1.97 AC lot

1.97-acre commercial land parcel in Savoy, zoned for commercial uses, with concrete parking pads and village-approved site plans.

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Champaign Commercial Land For Sale
Champaign Commercial Land For Sale

4202 Nicklaus Drive, Champaign, IL 61822

$750,000
1.92 AC lot

1.92-acre commercial lot in desirable Champaign location.

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Urbana Land For Sale
Urbana Land For Sale

402 W Griggs Street, Urbana, IL 61801

$599,000
1.08 AC lot

Commercial land available in Urbana, Illinois.

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Prime Commercial Land in Champaign
Prime Commercial Land in Champaign

803 N Mattis Avenue, Champaign, IL 61821

$465,000
1.89 AC lot

1.89-acre commercial land in high-visibility Champaign location.

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Tolono, IL Retail Properties & Spaces Market Trends and Statistics

Explore 3 retail properties & spaces for sale in Tolono, IL, showcased through 3 active listings on our real estate platform.

Sale prices for stores in Tolono, IL average $74,900 — 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

Storefront properties 2
Auto shops 1
Automotive properties 1
Showrooms 1

Demographics Overview

Population 4,558
Population Growth (5Y) +19.0%
Median Household Income $89,139
College Educated 37.9%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
61880 $79.9K

Taxes & Financing

Tax Rate (average for all types) 6.41%
Property Tax per SF $7.72 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Champaign County

New Delisted

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