O'Neil Property Group
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$599,900
31 Days On Site

401 W Oak Street
Mahomet, IL 61853

For Sale|Retail|Active
0
Beds
0
Total Baths
1,311
SqFt
$458
/SqFt
2004
Built
County:
Champaign
Listing Courtesy of MRED as distributed by MLS Grid of Nate Evans Group
401 W Oak Street401 W Oak Street401 W Oak Street401 W Oak Street
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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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Listing Snapshot
Price 
$599,900
Days On Site 
31 Days
Bedrooms 
N/A
Inside Area (SqFt) 
1,311 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.32 Acres
Year Built 
2004
MLS® Number 
12741365
Status 
Active
Property Tax 
$5,708
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
14 hours agoListing updated with changes from the MLS®
2 weeks agoStatus changed to Active
a month agoListing first seen on site
General Features
Acres 
0.32
Additional Property Use 
Commercial
Foundation 
Concrete Perimeter
Property Sub Type 
Retail
SqFt Total 
1311
Utilities 
Natural Gas AvailableSewer Connected
Water Source 
Well
Interior Features
Electric 
Circuit Breakers
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Exterior Features
Construction Details 
StoneCedar
Community Features
MLS Area 
Western Champaign County / Piatt & McClean Counties
Township 
Mahomet
Listing Courtesy of MRED as distributed by MLS Grid of Nate Evans Group



Based on information submitted to the MLS GRID as of 2026-09-25 09:42 AM UTC. 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.
Last checked: 2026-09-25 09:42 AM UTC
MRED DMCA Copyright Information Copyright © 2026 Midwest Real Estate Data LLC. All rights reserved.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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