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 Details
Price:
$145,000
MLS #:
MRD12659760
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
northernchampaigncountyfordcounty
Listed Date:
Jun 1, 2026
Lot Size:
395 sqft / 0.13 acres (approx)
See this Listing
Schools
Interior
Cooling
Central Air
Flooring
Vinyl
Exterior
Construction Materials
Brick
Roof
Membrane
Stories
2
Financial
Tax Year
2025
Taxes
$3,532
Map
Community
- Address122-124 E Sangamon Avenue Rantoul IL
- CityRantoul
- CountyChampaign
- Zip Code61866
Market Summary
Current real estate data for Commercial in Rantoul as of Jun 17, 2026
8
Commercial Listed
359
Avg DOM
$280,725
Avg List Price
Property Summary
- 122-124 E Sangamon Avenue Rantoul IL is a Commercial for sale in Rantoul, IL, 61866. It is listed for $145,000
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Copyright 2026. All rights reserved.
122-124 E Sangamon Avenue
Rantoul, IL

