Joseph Alvarado - Chicagoland Brokers Inc Logo
$599,900
( $457.59Per Sq Foot )
 $3,220 est/mo Sourced by Back At You

401 W Oak Street,Mahomet, IL 61853

Mahomet, IL 61853

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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!

Details

MLS #12741365
Listing TypeFor Sale
StyleRetail/stores
Sub-TypeResale
StatusActive
Year2004
Days On Site11
Listing Provided ByNate Evans Group | Nate Evans

Features

SQ Feet1,311
Story(s)2
Units1
Acreage0.32

Interior

CoolingSmall Duct High Velocity

Exterior

Foundation DetailsConcrete Perimeter
Construction MaterialsStone, Wood, Cedar

Utilities

UtilitiesElectric to Site, Natural Gas Available, Sewer Connected, Water Nearby
ElectricCircuit Breakers

Taxes

Tax Year2025
Tax Annual Amount5708

Area Information

StateIL
CountyChampaign
CityMahomet
Zip Code61853
AreaWestern Champaign County | Piatt & McClean Counties
Listing VS Median (in 61853)
Price:
$599,900
low | high
Med:
$464,900
72.503750625104% of Average
sqft:
1,311
low | high
Med:
1,903
4.881769641495% of Average
$ / sqft:
$458
low | high
Med:
$247
95.942349087471% of Average
On site:
11
low | high
Med:
153.5
7.166123778502% of Average
Sourced by Back At You

Market Activity 61853

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Learn More About This Property

Joseph Alvarado

Joseph Alvarado

Chicagoland Brokers Inc

 (224) 324-5472agentjoea@gmail.com
StateIL
CountyChampaign
CityMahomet
Zip Code61853
AreaWestern Champaign County | Piatt & McClean Counties
Listing VS Median (in 61853)
Price:
$599,900
low | high
Med:
$464,900
72.503750625104% of Average
sqft:
1,311
low | high
Med:
1,903
4.881769641495% of Average
$ / sqft:
$458
low | high
Med:
$247
95.942349087471% of Average
On site:
11
low | high
Med:
153.5
7.166123778502% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $449K - $749K
sqft: 983 - 1,500
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$289,700
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Listing Updated: September 13, 2026 at 11:12:50 PM PDT

Joseph Alvarado - Chicagoland Brokers Inc