401 W Oak Street
Mahomet, IL, 61853
$599,900
Beds
0 Baths
0 SqFt
0.32 Acres
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MLS #MRD12741365 image #0
WHAT COULD YOU CREATE HERE? One of Mahomet’s most unique commercial opportunities! This architecturally striking 1,300 SF two-story building offers over 400′ of highway frontage, expansive paver parking, beautiful landscaping, covered outdoor space and incredible visibility. Stone, wood, glass and black accents give the property incredible character, while utilities have already been extended to a separate area of the site, creating the infrastructure for a potential secondary use or additional business concept. Previously home to several successful local businesses and currently utilized as a successful weekly vacation rental, the possibilities are endless…wine or bourbon lounge, art gallery, salon, boutique, professional office, events, food-truck concept, collaborative business space and more. If you’re paying premium commercial rent, maybe it’s time to own your location and build equity. 401 W Oak isn’t about what has been here, it’s about what you’re going to create here next!

Property Details

Price:
$599,900
MLS #:
MRD12741365
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Other
Neighborhood:
westernchampaigncountypiattmccleancounties
Listed Date:
Sep 8, 2026
Total Sq Ft:
1,311
Lot Size:
14,541 sqft / 0.32 acres (approx)
Year Built:
2004
Western Champaign County / Piatt & Mcclean CountiesWesternchampaigncountypiattmccleancounties

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Schools

Interior

Cooling
Small Duct High Velocity

Exterior

Construction Materials
Stone, Wood, Cedar
Stories
2

Financial

HOA Fee Frequency
Not Applicable
Tax Year
2025
Taxes
$5,708

Map

Community

Market Summary

Current real estate data for Commercial in Mahomet as of Oct 11, 2026
2
Commercial Listed
114
Avg DOM
$514,900
Avg List Price

Property Summary

    401 W Oak Street Mahomet IL is a Commercial for sale in Mahomet, IL, 61853. It is listed for $599,900

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