Contact us: 563.441.1776
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!
Property Highlights
Property Type: Commercial - Retail
Building Description: 2.0 stories
Year Built: 2004
General Information
County: Champaign
Listed By:
Nate Evans Group
217-239-7113
MRED MLS
MLS ID: 12741365
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401 W Oak Street, Mahomet, IL 61853.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $599,900 | $599,900 | $599,900 |
| Down Payment | $119,980 | $20,997 | $149,975 |
| Monthly Mortgage Amount | $3,033 | $3,723 | $3,766 |
| Taxes | $835 | $835 | $835 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $264 | $0 |
| Monthly Estimated Total | $4,043 | $4,997 | $4,776 |
Disclaimer:
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 09/10/2026. The listing information on this page last changed on 09/10/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 09/10/2026 12:12:37 AM EST) or MRED MLS (last updated Thu 09/10/2026 12:05:06 AM EST) or SCWMLS (last updated Wed 09/09/2026 11:55:07 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Wed 09/09/2026 10:18:18 PM EST) or Cedar Rapids MLS (last updated Wed 09/09/2026 10:45:10 PM EST) or NEIRBR MLS (last updated Thu 09/10/2026 12:08:44 AM EST) or ICAAR MLS (last updated Wed 09/09/2026 11:37:40 PM EST) or ECIMLS (last updated Wed 09/09/2026 11:44:37 PM EST) or RMLSA (last updated Thu 09/10/2026 12:11:00 AM EST) or Muscatine MLS (last updated Thu 09/10/2026 12:00:13 AM EST) or No Coast MLS (last updated Thu 09/10/2026 12:04:27 AM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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