101 S Third Street Fisher, IL $ 350,000
101 S Third Street
$ 350,000
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101 S Third Street

Fisher, IL, 61843
$ 350,000
Bedrooms-- Baths-- Sq 8,657
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Property for Rent in Fisher, IL

for $350,000. This 8,657 square foot property was built in 1902 on a lot size of 0.212351.

Positioned along Third Street, the primary north-south corridor through downtown Fisher, this historic two-story mixed-use commercial building offers a unique opportunity for investors or owner-users seeking presence in the heart of a small-town business district. Surrounded by a blend of local retail, service businesses, offices, and nearby residential neighborhoods, the property benefits from consistent community traffic and convenient municipal street parking. Originally constructed in 1902 with an expansion completed in 1946, the building contains approximately 8,657 square feet on the main level and an additional 3,370 square feet on the second floor. The upper level has been stripped to the studs and remains unfinished, currently used for storage but presenting a strong opportunity for future redevelopment, office suites, residential conversion, or expansion of commercial space. The building sits on an approximately 9,250-square-foot parcel and includes a mix of occupied suites and flexible common storage areas. Existing tenants provide immediate rental income, while the vacancy left by the former Ingold's Meat and Deli operation creates potential for repositioning or owner occupancy. The property is equipped with forced warm-air natural gas furnaces with central air conditioning, an intrusion alarm system, and multiple specialty improvements including two walk-in coolers and one walk-in freezer. The roof system includes a lower roof replaced approximately six years ago and an upper roof estimated at 25 years old. The foundation consists of a combination basement and crawl space, and a small overhead door at the rear provides convenient loading access for storage or service use. All utilities are currently metered together and included in tenant rents, and the property includes shared storage space behind the suites used by existing tenants.

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Rental Active

Price

$ 350,000

Taxes

$ 2,824

Style

Retail

Lot Size

0.212351

Year Built

1902

Town/City

Fisher

County/Region

Champaign

MLS | Web ID

12595426

Features
General
Cooling Central Air
Zoning COMMR
Year Built 1902
Electric Circuit Breakers
Stories Count 2
Tax Year 2024
Current Use Commercial
Gross Income 24600
Business Type Retail
Assoc Fee Paid Per Not Applicable
County Champaign
Net Operating Income 13936
Insurance Expense 0
Property Type Commercial Sale Retail/Stores
Status Active
Directions Northeast corner of S Third Street and Front Street Fisher IL
City Fisher
Number Of Units Total 3
MLS Area Northern Champaign County / Ford County
Lot Size Square Feet 9250
Tax Annual Amount 2824.5
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Leasable Area 8657
Lease Type Gross
Standard Status Active
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Exterior
Building Area Total 8657
Lot Dimensions 92.5x100
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* Excluded Features
List By
Guth & Associates,Llc

Broker

maggie@guthandassociates.com

Email

Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/20/2026$350,000 Listed Price

Map


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101 S Third Street, Fisher, IL, 61843 is a Property for Rent at $350,000 with 8,657 sqft and a lot size of 0.212351. 101 S Third Street was built in 1902. The property's zip code is 61843 which is in Fisher, IL