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$125,000 Just Listed
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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.
Full Property Details
Full Property Details for 231 S Green St
General
- Price: $125,000
- Taxes: $2,778 (2025)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12636401
- Updated: 5/14/2026
- Added to Site: 6 day(s) ago
Additional Information
- Security/Safety: Other, Carbon Monoxide Detector(s)
Location
- Area: Chenoa
- County: McLean
- Driving Directions: Rt 24 to Green St North on Green St to property
- Location Details: Central Illinois
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air
Utilities
- Trash: 40
Structural Information
- Stories/Levels: 1
- # of Stores: 1
- Year Built: 1919
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 2
- Units w/Range/Oven: 1
Lot Features
- Lot Size (Sq. Ft.): 2,181
- Lot Dimensions: 100 x 22
Financial Considerations
- Insurance Fee: $284
- Security Deposit: Other, Carbon Monoxide Detector(s)
- Assessment Year: 1919
- Tax Amount: $2,778
- Tax Year: 2025
- Pays Electric: 135
- Pays Trash: 40
Disclosures and Reports
- Property ID: 302487012
Listed by Coldwell Banker Real Estate Group
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Schools
Schools serving 231 S Green St
School District:Prairie Central Community Unit School District 8
| Name | Grades | Distance |
|---|---|---|
Prairie Central Primary West 700 South Division Street, Chenoa, IL 61726 | PK-1 | 0.4 mi |
Westview Elementary School, Fairbury, IL 600 South 1st Street, Fairbury, IL 61739 | 2-4 | 10.7 mi |
Prairie Central Jr High School 800 North Wood Street, Forrest, IL 61741 | 7-8 | 16.1 mi |
Prairie Central High School 411 North 7th Street, Fairbury, IL 61739 | 9-12 | 11.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 231 S Green St
Date
Details
Price
Change
Source
5/08/2026
Listed
$125,000
92.31%
MLS
12/30/2020
Sold
$65,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 231 S Green St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,521
—
$29,648
11%
2024
$2,521
8%
$26,738
9%
2023
$2,340
6%
$24,564
7%
2022
$2,218
4%
$23,004
2%
2021
$2,134
808%
$22,478
228%
2020
$235
-2%
$6,855
—
2019
$241
—
$6,855
1%
2019
$241
-67%
$6,788
—
2018
$731
12%
$6,788
—
2017
$654
—
$6,788
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 231 S Green St
231 S Green Street, Chenoa, IL 61726 (MLS# 12636401) is a Commercial property. 231 S Green Street is currently listed for $125,000 and was received on May 08, 2026. Want to learn more about 231 S Green Street? Do you have questions about finding other Commercial real estate for sale in Chenoa? You can browse all Chenoa real estate or contact a Coldwell Banker agent to request more information.
