MLS#12659760
STATUSNew
PROPERTY TYPECommercial - Retail
Property Description
Exceptional investment opportunity in the heart of downtown Rantoul! Formerly utilized as two separate commercial businesses, this versatile property offers up to four potential income-producing spaces. The main level features two separate storefront/office spaces, each with its own entrance, creating an ideal setup for multiple tenants or owner occupancy. Above one of the commercial units is the opportunity to build out two studio apartments, adding additional income potential and maximizing the property's value. Whether you're an investor looking for your next redevelopment project, a business owner seeking a prime downtown location, or someone looking to occupy one space while generating rental income from the others, this property offers endless possibilities. Conveniently located near local businesses, restaurants, and community amenities, this is a rare chance to own a flexible commercial property with significant upside potential.
Property Features
Property Type: Commercial - Retail
Cooling: Central Air
Lot Size: 0.13 Acres
Roof Type: Membrane
Stories: 2.0
Taxes: $3,532
Feature Descriptions
Electric: Circuit Breakers
Exterior: Brick
Fire Protection: None
Flooring: Vinyl
Foundation: Brick/Mortar
Frontage Type: City Street
HVAC: Forced Air
Location: Central Business District
Lot Dimensions: 34x160
Miscellaneous Indoor: Private Restroom/s
Number of Tenant(s): 0
Parcel#: 200903232010
Potential Use: Commercial, Office, Multi-Family, Retail
Units: 2
Listed By / Shown By
Listed By
Agency Name: Nate Evans Group
Agency Phone: 217-239-7113
Shown By
Agent Name: Bob Grzelak
Agent Phone: (815) 978-1279
Agency Title: Dickerson & Nieman Realtors
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122-124 E Sangamon Avenue | MLS# 12659760
This commercial property located at 122-124 E Sangamon Avenue , Rantoul, IL 61866 is currently listed for sale with an asking price of $145,000. Search Rantoul real estate on bobgrzelak.dickersonnieman.com today.