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Listed by Atif Irfanof KELLER WILLIAMS-TREC
$ 485,000
Est. payment /mo
New
950 Broadmeadow Road Rantoul, IL 61866
2.36 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12618867
Annual Tax Amount $20,516
Tax Year 2025
Lot Size 2.360 Acres
Lot Dimensions 215X471
Property Sub-Type Land
Property Description
Prime commercial development opportunity located just off I-57 in a high-visibility, high-traffic corridor in Rantoul, IL. This vacant land is strategically positioned in a thriving business area with excellent highway access, making it ideal for retail, hospitality, hotel, restaurant, gas station, or mixed-use development. Walking distance to the Rantoul Sports Complex, a major regional attraction that drives consistent visitor traffic and economic activity to the area-making this site especially attractive for hospitality and retail development. Located within a TIF (Tax Increment Financing) District, offering potential incentives to develop, including possible reimbursement for eligible project costs (buyer to verify with municipality). The property benefits from strong traffic counts, easy ingress/egress, and proximity to major employers, national retailers, and Champaign-Urbana. Utilities are nearby (buyer to verify), and flexible zoning supports a wide range of commercial uses. This is a rare opportunity to acquire well-located development land in a growing corridor with strong upside potential.
Location
State IL
County Champaign
Zoning COMMR
Interior
Fireplace N
Exterior
Utilities Available Electricity Nearby, Natural Gas Available, Sewer Nearby
View Y/N true
Schools
Elementary Schools Rantoul City District
Middle Schools Rantoul City District
High Schools Rantoul High School
School District 137, 137, 193
Others
Ownership Fee Simple
Special Listing Condition None
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