Tolono IL Real Estate & Commercial for Sale

This building is beautiful and is exploding with charm. Built in 1918, this property was designed as a fraternity house but has so much potential to be used for other purposes. It is zoned R-7 University Residential Zoning District, which permits a boarding or rooming house, dormitory dwelling, community living facility, multiple-unit common-lot-line, church, temple, business mixed-use planned unit development, bed and breakfast (owner occupied), and more! This well maintained 3-story, 65 bed property is perfectly located in an opportunity zone and includes 17,255 SF and features 15 bedrooms on the 2nd floor and 9 on the 3rd floor with dorm style bathrooms. The main floor includes a living room, sun room/courtroom, tv room, dining room, and a commercial kitchen that has the prep ability for 100-300 people. The basement includes a laundry room, and storage. This property is in a prime location near campus with close proximity to shopping and restaurants. Don't miss this opportunity!

Outstanding Location for this 10 bedroom, 3 bath rooming house for sale! The main floor has been updated with fresh paint and renovated kitchen. Literally across the street from campus! Perfect for a small fraternity, sorority, or student group looking to find a home. This building is located in a federal designated opportunity zone. The property is rented through August 2024 at $2,500 per month. The mechanicals were new in 2022 and the house is in great shape. View it today!

Looking to add to your investment portfolio? Look no further than this 5-unit apartment building with solid rental history! Fantastic location near the University of Illinois campus and minutes from the quad. Inside, you'll find 4 - 2 bedroom, 1 bathroom units and 1 - 3 bedroom, 2 bathroom unit. On-site laundry is available in the basement.

This Fraternity/Sorority/Group House is located in Core Campus District. Site has adequate parking with Frontage on Oregon just 1/2 block east of Lincoln Ave and Cafe Paradiso. ZONING IS R7 HIGH DENSITY, POSSIBLE REDEVELOPMENT?? - PLEASE CHECK WITH CITY OF URBANA. Awesome Location!!!

Outstanding location for this 11 bedroom, 4 bathroom rooming house for sale! Perfect for a small fraternity, sorority, or student group. This property is currently leased for the 2023-2025 school years at $3,500 but at 400-500 per bedroom could generate more! This property has great character with hardwood floors, two kitchens, and free parking. View it today!

4 different parcel numbers: PP#s:432013230001 & 432013230002 & 432013230003 & 432013230004 There is a 6 bedroom house on the property with a new roof. It does not add to the value of the property but does contribute some income which could be as high as $1200 per month or more.

This 3,075-square-foot building represents an excellent investment opportunity. Presently, the property is under lease to a restaurant establishment, making it an income-generating asset. A significant benefit is the ample parking space available, accommodating up to 45 vehicles, on a spacious half-acre lot. The property itself has been well-maintained and improved upon! Additionally, this building's location is strategically positioned just two blocks west of a more recent Starbucks establishment, further underlining the area's desirability and commercial potential. Whether considering the prime location, steady rental income, lease extension prospects, or the property's overall state of upkeep, this investment opportunity presents a compelling proposition for potential investors seeking a well-positioned and maintained asset.

The space consists of seven offices, a large reception/lobby area, a record vault, a kitchenette, and separate men' s and women' s three-piece restrooms facilities. The space is accessed via elevator service from the main lobby and two stairwells. Multiple atriums provide natural light throughout the space. Large balcony space off of one office. Ample parking is available on site. Additional on-street parking is available. This property is eligible for TIF incentives from the City of Urbana. The space is located at 507 S. Broadway, Urbana, within easy walking distance of Lincoln Square Mall, the City of Urbana offices, the Champaign County Courthouse, the Federal Courthouse and downtown Urbana. Highway access is readily available via Vine Street/Cunningham Avenue to I-74. Aggressive zoning. Prime B-3 and B-4 zoning. Great location for future developments for a growing downtown Urbana. Owner financing is available with 25% downpayment at 6% with a 5 year Balloon.

Offering for sale the architectural gem, the Atkinson Building, in Downtown Champaign. Built in 1904 and 1906, this iconic property underwent a meticulous renovation in 1989 by renowned architect, Jake Baker, seamlessly blending its historic character with modern functionality. The building offers historic charm, modern adaptability and prime visibility. Key Features Include: Solid masonry construction, complimented by hardwood floors and lofty ceilings with amazing architectural details throughout the property. Prime Location: Nestled just south of the vibrant intersection of University Avenue and Neil Street, this property enjoys strong traffic counts with immediate access to Downtown Champaign and the University of Illinois campus being just a few blocks away. Existing Tenants: Surface 51 leases over 7,900 square feet within the building, spread over two floors. An additional 1,000 SF user leases on the second floor. Contact listing broker for lease details. Growth Opportunities: Two existing suites on the east side of the building (105 S Walnut) are currently marketed for lease which could be utilized by a new owner or leased for additional income.With two tenants in place, this landmark property offers a dynamic investment opportunity. Its prime location ensures unrivaled visibility, drawing both foot traffic and attention from the bustling downtown scene. Whether it's the allure of its historic significance or the promise of a strategic business location, this space stands as a beacon of opportunity in Champaign's vibrant landscape.

Offering 111 - 113 N Walnut in the heart of Downtown Champaign. This one story building was constructed in approximately 1915 with brick exterior and expansive store front windows. The building is 3200 square feet and comprised of two, 1600 SF spaces that can be used as one unit or two units. Space currently has a month to month lease in 1600 SF space. Building has previously been used for an upscale restaurant. Property is in the heart of Downtown and situated among restaurants, nightlife and employment centers. Property would allow for some outdoor seating. Interior has amazing hardwood floors, tin ceilings, existing exhaust hood, walk in cooler, walk in freezer, multiple kitchen sinks and two restrooms.

Strawberry Fields/World Harvest Foods is an Urbana landmark that has served Central Illinois for more than 30 years. Located in the heart of Downtown and a few blocks from the University of Illinois campus, this free-standing building sits on more than 3/4 of an acre of prime General Commercial land. This is a key-in ready opportunity to move into a modern and updated facility with a built area close to 10,000 square feet, which sells organic, natural, national and international foods from all over the world. There is plenty of refrigeration space for an expansive selection of fresh products like cheeses and olives, as well as an assortment of frozen goods. There's also a full bakery and kitchen, an expansive line of vitamins and natural supplements, a specialty beauty line and aisles of specialty bulk and packaged foods from around the world. The spacious cafe offers a range of natural, organic, vegan and Middle Eastern foods, as well as signature baked goods and desserts. The listed price is for the sale of the building only. The business name, fixtures and inventory, if purchased, will be negotiated at a fair price. This building can be used for one business or it can be used as a strip mall with multiple tenants. Call to book your private showing appointment today!

PRIME CORNER CHAMPAIGN LOCATION! Location, Location, Location!! Investor's, put on your thinking caps and start planning a downtown project for this highly visible corner. Three restaurant space, but could be office, or other retail uses.

The SeedHouse is a prime Development property in Downtown Champaign consisting of 2 adjoining parcels 502 N. Hickory & 36 E. Washington. Combined lot footprint is 60' x 133'. Zoned for mix use commercial and residential. It would make for an amazing space for any use. This is the last vintage, stand alone property - not adjoining any other structures - in Downtown Champaign. 502 North Hickory St. is a turn of the century two story brick industrial building with a substantial steel sub structure supporting the second floor of 2 x 12s on 12 in centers. Second floor has been transformed into a loft apartment occupied by the property owners. The brick and ceiling rafters are exposed, the floors consist of clear heart long grain pine. Ceiling height is 11 feet w/ a concrete first floor, two bay doors, and a steel exterior staircase. The SeedHouse building measures 40' x 89' - 3560 sq. ft. per floor for a total of 7120 sq. ft. *See Broker remarks for 36 E. Washington Details

Here is your opportunity to obtain a newer commercial building, providing almost 2500 square feet of space, sitting on a conveniently located, highly visible location in the Urbana Schnucks Parking Lot. This building offers three drive-through bays with motorized 10 foot overhead doors, full basement with oil change/service access stations, waste oil heater included, that has been updated to a "Metered" System. The front office has central heating and air conditioning for your comfort, along with a customer restroom. The shop is heated and includes an office, bathroom and utility room for employee convenience. There is also a single bay automatic car wash system with in-floor radiant heated floor and reverse osmosis system, all for providing a higher level of service to your customers. Schedule your tour today and let your entrepreneurial imagination run wild.

Presenting Garden Court, an exceptional 102-unit multi-family property strategically located just 4 miles from the University of Illinois in Champaign-Urbana. The property, nestled with trees and foliage, offers a mix of 66 spacious two-bedroom, 1.1 bath units and 36 one-bedroom, one bath units. Approximately 50% of the residents are graduate students from the nearby university, giving the property a stable and robust tenant base, indicative of a reliable and consistent rental market. This well-maintained property guarantees easy commuting with swift access to Interstates 74 and 57. It further enhances resident convenience with 145 dedicated parking spaces. Proximity to a variety of shopping outlets and restaurants creates an ideal balance of urban convenience and suburban tranquility, adding significantly to Garden Court's appeal. In summary, Garden Court presents a unique blend of strategic location, diverse accommodations, and a stable tenant base, making it a rare and lucrative investment opportunity. Its closeness to the University of Illinois, ease of transportation, abundant parking, and the array of nearby amenities all contribute to its charm, creating an inviting and sustainable living environment that ensures a solid ROI for potential buyers.

Great location and opportunity. Built for an auto dealership and it housed a very successful business for the last 15 years. Key-in ready opportunity to move in this modern and updated facility. Located in the heart of Champaign business district next to many major brand car dealerships with high traffic and easy highway access. Within few blocks from Market Place Mall and many other major retailers and amenities. Two free standing buildings set on more than 4 acres of prime commercial land. The show room offers 6200 square feet of open reception area with private offices for the managers and many staff cubicles. Private lunch/break room and a customer refreshment center. Separate men and women restrooms. High ceiling, open windows, and plenty of natural lighting. The second building is an auto repair facility with 9000 square feet having 9 bay repair shop, office area, auto part retail room, and more. This second building is now rented for the next 5 years generating $10,000 NNN monthly income. The open parking lot is asphalt paved and can accommodate more than 400 vehicles. 300 ft frontage with a private lake adding more beauty and elegance. All existing office furniture and repair shop equipment are included. This property is for sale or can be leased. The lease is for front office only as the back repair shop is already leased. Call to book your private showing appointment and own or lease this great business opportunity.

This building is located in downtown Villa Grove. It is a nice small town location. You may remember this as the Villa Grove Pharmacy. Tour this building today, it is a great place for you business.

Great income producing property strategically located in the commercial side of town. On a major corridor connecting North Prospect shopping center and Marketplace Mall. One block west of the new Costco in the Mall. Almost two acres of land and 5800 sq. ft of well-built restaurant that is leased for 5 years renewable for two more terms of 5 years each. Gross rent of $7500/month. The vacant acre can be used to build an additional 6000 sq. ft building of your choice. The price for all is $2,150,000. The price for the vacant acre only is $1,100,000.

Located in North Champaign this commercial property offers a remodeled office, shop space, car lift & frame machine to be sold with property. Most recently used by drywall contractor.

5.96 Acres Zoned County Light Industry Zoning District Interstate Access

Rare opportunity to own retail/office/storage space on Rt. 36 in Tuscola. Building currently has approximately 5000 square feet of retail space used as an antique store. Upstairs and downstairs booths. Some storage upstairs currently not used as retail. An additional 2350 square feet was once a lab, now storage, and garage space is on the down stairs level. Garage is 26x26 on interior. Terrific opportunity to have rental income from the current tenant or use the property for your own use.

Welcome to the epitome of charm and versatility in the heart of downtown Monticello! This expansive commercial building, boasting over 17,000 square feet, is currently operating as a thriving event center, with a rich history as a former brew pub & a church before that. Its prime location makes it an incredibly desirable investment opportunity.This property is an ideal venue for a variety of purposes. With its generous square footage, the building allows for diverse event possibilities, from weddings and corporate functions to art exhibitions and community gatherings.The strategic downtown location ensures high visibility and foot traffic, providing an invaluable advantage for businesses seeking exposure. Immerse yourself in the historic charm of Monticello while enjoying the modern amenities and potential this property offers. Property comes equipped with tables & chairs currently used in the events space. Tables & bar tops were made from the ORIGINAL floor beams used to build the church. Updates include a new metal roof just 2 years old as well as an all new HVAC system installed in 2016/2017. This property offers SO much, check it out today!

NICE COMMERCIAL BUILDING THAT HAS BEEN AN ICE CREAM SHOPPE AND MOST RECENTLY A DOG GROOMING BUSINESS AND IS NOW READY TO MOVE ON TO ITS NEXT ADVENTURE. ROOF, FRONT OVERHANG, FURNACE AND CENTRAL AIR , CEILING, AND MUCH MORE IN 2006. BUILDING IN GREAT SHAPE WITH WONDERFUL LOCATION, CLOSE TO DOWNTOWN. HOOK UPS FOR WASHER AND DRYER. 60 GALLON WATER HEATER. AGE UNKNOWN. LARGE LOT 132X72. LOTS OF PARKING SPACE.