231 S Green Street, Chenoa, IL

$125,000

Overview

  • 803730
  • Property ID
  • Updated On:
  • May 8, 2026

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.

Climate Control
Air Conditioning
Other Features
Central Air
Service - 101 to 200 Amps

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$640.90
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
  • Private Mortgage Insurance
$ 484.65

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Information for the property at 231 S Green Street, Chenoa, IL, 61726 (Property ID: 803730) is deemed reliable but not guaranteed. Property details, pricing, and availability are subject to change without notice. Buyers should independently verify all information before making any real estate decisions.

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Sunita Kakarlapudi