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    Tolono, IL
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    Tolono, IL Retail Properties & Spaces for Sale

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    Savoy, IL Champaign, IL Philo, IL Peoria, IL Urbana, IL Villa Grove, IL Sidney, IL Ivesdale, IL
    Storefront Property with Deep Lot
    Updated: Oct 28, 2025
    Storefront Property with Deep Lot

    4 N Bourne Street, Tolono, IL 61880

    $74,900
    0.47 AC lot
    0.4711‑acre commercial parcel
    Deep lot measuring 54 feet by 380 feet
    Zoned COMMR
    Flexible storefront layout
    Window‑unit cooling
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    Storefront with Full Basement
    Updated: Sep 1
    Storefront with Full Basement

    102 E Main St, Tolono, IL 61880

    $129,900
    1,509 sqft
    Approximately 1,500‑square‑foot open main level
    Full basement with nearly another 1,500 square feet
    Existing tenant in place; business is not included in the sale
    Restroom and additional support space
    Multiple access points
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    Updated Storefront Property
    Updated Storefront Property

    4 N Bourne St, Tolono, IL 61880

    $74,900
    1,579 sqft 0.47 AC lot

    Updated retail storefront with a flexible interior layout and an unusually deep lot for added commercial versatility.

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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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    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 12 Potential Opportunities for your consideration. Besides 4 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.

    Multi-Tenant Storefront Property
    Multi-Tenant Storefront Property

    1205 S Mattis Avenue, Champaign, IL 61821

    $850,000
    0.55 AC lot

    Three established tenants occupy the building, supported by front and rear parking and central air conditioning.

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    Multi-Tenant Shopping Center
    Multi-Tenant Shopping Center

    1803-1809 Philo Rd, Urbana, IL 61802

    Contact for pricing
    25,576 sqft 1.22 AC lot

    B-3-zoned retail center with a vacant junior-box space within a multi-tenant configuration.

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

    2103 N Dunlap Ave, Champaign, IL

    Contact for pricing
    3,160 sqft 0.41 AC lot

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

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    Ground-Leased CVS Pharmacy
    Ground-Leased CVS Pharmacy

    1818 Philo Road, Urbana, IL 61802

    Contact for pricing
    0.90 AC lot

    Ground lease CVS pharmacy on a 0.9-acre lot with drive-through and multiple access points at a road intersection.

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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.

    Neighborhood Commercial Land
    Neighborhood Commercial Land

    103 Calvin Street, Savoy, IL 61874

    $125,000

    Zoned Neighborhood Commercial with General Retail allowed and water available.

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    Commercial Land with Site Plans
    Commercial Land with Site Plans

    612 CLARENDON Court, Savoy, IL 61874

    $450,000
    1.97 AC lot

    Village-approved plans and concrete parking pads are already in place for future commercial development.

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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.

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    Urbana Land For Sale
    Urbana Land For Sale

    402 W Griggs Street, Urbana, IL 61801

    $400,000
    1.08 AC lot

    Commercial land available in Urbana, Illinois.

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    Tolono, IL Retail Properties & Spaces Market Trends and Statistics

    Explore 4 retail properties & spaces for sale in Tolono, IL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 3,088 square feet of properties for sale, with an estimated market value of $279,700.

    Sale prices for stores in Tolono, IL start at $74,900, averaging $93,233, and reaching up to $129,900 — 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 3
    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 $74.9K

    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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