Storefront

Rantoul, IL Storefront Properties for Sale

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Thomasboro, IL Gifford, IL Urbana, IL Fisher, IL Paxton, IL Champaign, IL Saint Joseph, IL Mahomet, IL
Mixed-Use Retail and Office Building
Updated: Apr 14
Mixed-Use Retail and Office Building

122-124 East Sangamon Avenue, Rantoul, IL 61866

$145,000
395 sqft
Two separate street‑level storefront/office spaces, each with its own entrance
Property previously used as two separate commercial businesses
Up to four potential income‑producing spaces, including possibilities beyond the current commercial units
Opportunity to build out two studio apartments above one of the commercial units
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Rantoul, 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.

Mixed-Use Building with Retail
Mixed-Use Building with Retail

218 West Main Street, Urbana, IL 61801

$1,095,000
5,061 sqft

Historic mixed-use building features two leased ground-floor retail suites and four renovated 2-bed apartments.

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Retail Storefront with Split Access
Retail Storefront with Split Access

816 N Country Fair Drive, Champaign, IL 61821

Contact for pricing
0.92 AC lot

Retail unit features a front entry that opens into two interior doors and offers ample parking.

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Standalone Bi-Level Retail Facility
Standalone Bi-Level Retail Facility

6 Convenience Center Road, Champaign, IL 61820

Contact for pricing
0.48 AC lot

Standalone bi-level retail facility reconstructed in 2006 with sales level showroom space and a high-ceiling basement for operations.

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Renovated Downtown Retail Condominium
Renovated Downtown Retail Condominium

110 W Main Street, Urbana, IL 61801

$459,900

Two-story retail condominium with renovated interiors, hardwood flooring, and storefront windows for a range of street-facing businesses.

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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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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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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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Commercial Lot in Growing Community
Commercial Lot in Growing Community

Le Roy, IL 61752

$76,250
0.70 AC lot

Commercial lot in LeRoy, IL, near Interstate 74.

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Rantoul, IL Storefront Properties Market Trends and Statistics

Explore 1 storefront properties for sale in Rantoul, IL on our real estate platform. These investment opportunities span a total of 395 square feet of properties for sale, with an estimated market value of $145,000.

Sale prices for retail units in Rantoul, IL average $145,000 — 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 1

Demographics Overview

Population 13K
Population Growth (5Y) -6.2%
Median Household Income $51,389
College Educated 18.3%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
61866 $157.5K

Taxes & Financing

Tax Rate (average for all types) 9.74%
Property Tax per SF $35.14 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Champaign County

New Delisted

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