IL
Champaign
Fisher
61843
101 S Third Street
101 S Third Street, Fisher, IL 61843
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Listing Type
Commercial/Industrial
Listing Status
Active
56
$350,000

Home Details for 101 S Third Street

Price
$350,000
Type
Commercial Sale
Year built
1902
County
Champaign
MLS Listing#
12595426
Property Description

Positioned along Third Street, the primary north-south corridor through downtown Fisher, this historic two-story mixed-use commercial building offers a unique opportunity for investors or owner-users seeking presence in the heart of a small-town business district. Surrounded by a blend of local retail, service businesses, offices, and nearby residential neighborhoods, the property benefits from consistent community traffic and convenient municipal street parking. Originally constructed in 1902 with an expansion completed in 1946, the building contains approximately 8,657 square feet on the main level and an additional 3,370 square feet on the second floor. The upper level has been stripped to the studs and remains unfinished, currently used for storage but presenting a strong opportunity for future redevelopment, office suites, residential conversion, or expansion of commercial space. The building sits on an approximately 9,250-square-foot parcel and includes a mix of occupied suites and flexible common storage areas. Existing tenants provide immediate rental income, while the vacancy left by the former Ingold's Meat and Deli operation creates potential for repositioning or owner occupancy. The property is equipped with forced warm-air natural gas furnaces with central air conditioning, an intrusion alarm system, and multiple specialty improvements including two walk-in coolers and one walk-in freezer. The roof system includes a lower roof replaced approximately six years ago and an upper roof estimated at 25 years old. The foundation consists of a combination basement and crawl space, and a small overhead door at the rear provides convenient loading access for storage or service use. All utilities are currently metered together and included in tenant rents, and the property includes shared storage space behind the suites used by existing tenants.

Property Features
  • Cooling Information
    • Central Air
Listing Courtesy: GUTH & ASSOCIATES,LLC - 217-355-2545
Midwest Real Estate Data logo Based on information submitted to the MLS GRID as of 2026-03-25 23:51:01. 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 Updated: 2026-03-25 23:51:01
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