122-124 E Sangamon Avenue, Rantoul, IL 61866
- $145,000
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.
- Listing Courtesy of: Nate Evans Group
Details
Updated on June 5, 2026 at 12:55 pm-
Property ID MRD12659760
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Price $145,000
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Land Area 0.13 Acres
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Property Type Bad
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Property Status Active
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Parcel Number 200903232010
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MLS Status New
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Co List Agent MLS ID MRD950168
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Living Area 0.13
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Cumulative Days On Market 2
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Tax Annual Amount 3532
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Cooling Central Air
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Directions Head toward downtown Rantoul and get onto East Sangamon Avenue. Continue east until you reach 122-124 E Sangamon Ave, which is in the downtown business area near several local storefronts and restaurants.
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LotSizeSquareFeet 395
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StoriesTotal 2
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Zoning RTAIL
Address
Open on Google Maps- Address 122-124 E Sangamon Avenue
- City Rantoul
- State/county IL
- Zip/Postal Code 61866
- Country United States
Overview
- Bad
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