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401 W Oak Street Mahomet, IL $ 599,900
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$ 599,900 Get more info
401 W Oak Street
$ 599,900
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401 W Oak Street

Mahomet, IL, 61853
$ 599,900
Bedrooms-- Baths-- Sq 1,311

Monthly Estimate*

$ 3,788

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Commercial Property for sale in Mahomet, IL

for $599,900. This 1,311 square foot building was built in 2004 on a lot size of 0.32.

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!

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Commercial Active

Price

$ 599,900

Property Type

Commercial

Taxes

$ 5,708

Style

Commercial

Lot Size

0.32

Year Built

2004

Town/City

Mahomet

County/Region

Champaign

MLS | Web ID

12741365
Features
General
Cooling Small Duct High Velocity
Utilities Electric to Site Natural Gas Available Sewer Connected Water Nearby
Possession Negotiable
Construction Materials Stone Wood Cedar
Year Built 2004
Electric Circuit Breakers
Stories Count 2
Township Mahomet
Property Subtype Other
Tax Year 2025
Current Use Commercial
Additional Parcels Description 151316429020
Assoc Fee Paid Per Not Applicable
County Champaign
Net Operating Income 0
Property Type Commercial Sale Retail/Stores
Status Active
Directions Starting in Mahomet make your way toward Oak Street and head west. Continue west on Oak Street through town until you reach 401 W Oak St Mahomet IL 61853. The property will be along W Oak Street just
City Mahomet
Number Of Units Total 1
MLS Area Western Champaign County / Piatt & McClean Counties
Lot Size Square Feet 14541
Tax Annual Amount 5708
Additional Parcels Y/N Y
Leasable Area 0
Standard Status Active
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Exterior
Water Source Well
Foundation Details Concrete Perimeter
Building Area Total 1311
Lot Dimensions 60x15x120
Lot Size Acres 0.32
Frontage Type City Street US Highway Paved
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* Excluded Features
List By
Nate Evans Group

Broker

nate@thenateevansgroup.com

Email

Affordability Calculator

$4,263
Per Month
89%
11%
0%
Monthly Principal & Interest
$3,788
Monthly Property Taxes
$476
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW! What's my home worth?
Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/8/2026$599,900 Listed Price

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401 W Oak Street, Mahomet, IL, 61853 is a Commercial Property for sale at $599,900 with 1,311 sqft and a lot size of 0.32. 401 W Oak Street was built in 2004. The property's zip code is 61853 which is in Mahomet, IL

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