Champaign, US
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.
Courtesy Of: Nate Evans Group
General Features
- List Date:
- 06/01/2026
Exterior Features and Amenities
- Lot Size Dimensions:
- 34x160
Financial
- Days On Market:
- 64
- Tax Annual Amount:
- $3,532.00
- Tax Year:
- 2025
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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Data last updated: 2026-08-16.
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