401 W Oak ST, Mahomet, IL 61853
401 W Oak ST, Mahomet, IL 61853
401 W Oak ST, Mahomet, IL 61853
401 W Oak ST, Mahomet, IL 61853
401 W Oak ST, Mahomet, IL 61853
401 W Oak ST, Mahomet, IL 61853
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Sara Latta-Young

Sara Latta-Young

+1(815) 685-5090
$ 599,900
Est. payment | /mo

1,311 SqFt

Save
$ 599,900
Est. payment | /mo
Save

1,311 SqFt

Key Details

Property Type Commercial

Sub Type Retail/Stores

Listing Status Active

Purchase Type For Sale

Square Footage 1,311 sqft

Price per Sqft $457

MLS Listing ID 12741365

Year Built 2004

Annual Tax Amount $5,708

Tax Year 2025

Lot Size 0.320 Acres

Lot Dimensions 60x15x120

Property Sub-Type Retail/Stores

Property Description

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!

Location

State IL

County Champaign

Area Western Champaign County / Piatt & Mcclean Counties

Interior

Cooling Small Duct High Velocity

Fireplace N

Exterior

Utilities Available Electric to Site, Natural Gas Available, Sewer Connected, Water Nearby

Building

Dwelling Type Retail/Stores

Water Well

Structure Type Stone,Wood,Cedar

Midwest Real Estate Data (MRED) IDX
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Nate Evans of  Nate Evans Group 

NEARBY PROPERTIES

Sara Latta-Young

+1(815) 685-5090

saralattayoung@gmail.com

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401 W Oak ST

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