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$ 125,000
Est. payment | /mo
$ 125,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12636401
Year Built 1919
Annual Tax Amount $2,778
Tax Year 2025
Lot Dimensions 100x22
Property Sub-Type Mixed Use
Property Description
*A Rare Commercial Gem with Historic Character and Income Potential* Discover an exceptional opportunity to own a standalone commercial building in the heart of downtown Chenoa. Whether you envision a boutique, professional office, or mixed-use investment, this versatile property delivers flexibility, charm, and serious upside. Step inside to find bright, open space crowned by impressive 12-foot ceilings. A stylish reception and serving station feature quartz countertops, bar seating, a beverage cooler, and under-counter storage. Two adaptable fitting rooms offer potential as private offices or storage, while a rear workspace with large north-facing windows easily converts into a conference room, break room, or enclosed office. A full bathroom with updated fixtures rounds out the store front space. Below, a spacious basement with 7.5-foot ceilings and wide stair access provides valuable additional square footage - perfect for storage, inventory, or future buildout that enhances rental income possibilities. Recent updates reflect quality craftsmanship throughout, including new HVAC and modern flooring in the residential space, light fixtures, a striking front display window, and a double glass door entrance. The building's stone facade carries genuine historical significance - hand-carved by folk artist W.D. Neher in the late 1800s, whose work has been featured in Illinois State Museum exhibitions. This distinction makes the property a strong candidate for historic registry designation and potential tax advantages. Situated within a TIF district with development incentives and easy Interstate 55 access, this is an investment worth exploring at an outstanding price point.
Location
State IL
County Mclean
Area Chenoa
Interior
Cooling Central Air
Fireplace N
Building
Dwelling Type Mixed Use
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Crystal Semmerling of Coldwell Banker Real Estate Group
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