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122-124 E Sangamon Avenue Rantoul, IL 61866

$145,000
New / MLS# 12659760 / Commercial - Retail / Rantoul
0 Beds

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.

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Baird & Warner Ashley Thompson Agent Cell: 847.338.6408 Email

Property Details

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

Location

See details and scored characteristics about this location.

Listing Office: Nate Evans Group

Listing Office Phone: 217-239-7113



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