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231 Green Street

Chenoa, IL 61726
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$125,000
0beds
0baths
sqft
Anything from "is it priced right?" to "what's the catch?"

About this home

*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.
MLS Description — as provided by the listing brokerage.

The facts

Property typeCommercial Sale
Year built1919
Lot dimensions100x22
AreaChenoa
Annual tax$2,778
First listedMay 8, 2026
Parcel #0302487012
CountyMcLean
MLS #MRD12636401
Days on market7
Photos45

Features

Cooling
Central Air
Listed by
Coldwell Banker Real Estate Group
Crystal Semmerling · 815-419-8095

Listing courtesy of mred MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of 5/14/2026, 5:06:05 AM. All data should be independently verified.

$125,000
0 bd · 0 ba
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