950 Broadmeadow Road,Rantoul, IL 61866
Rantoul, IL 61866
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.
Details
| MLS # | 12618867 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 160 |
| Listing Provided By | KELLER WILLIAMS-TREC | Atif Irfan |
Features
| Zoning | COMMR |
|---|---|
| Acreage | 2.36 |
Utilities
| Utilities | Electricity Nearby, Natural Gas Available, Sewer Nearby |
|---|
Taxes
| Tax Year | 2025 |
|---|---|
| Tax Annual Amount | 20516 |
Area Information
| State | IL |
|---|---|
| County | Champaign |
| City | Rantoul |
| Zip Code | 61866 |
| Area | Northern Champaign County | Ford County |
| School District | Rantoul High School |
| Elementary School | Rantoul City District |
| High School | Rantoul High School |
| Listing VS Median (in 61866) | |
Price: $485,000 low | high Med: $199,900 On site: 160 low | high Med: 75 | |
Market Activity 61866
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Learn More About This Property
| State | IL |
|---|---|
| County | Champaign |
| City | Rantoul |
| Zip Code | 61866 |
| Area | Northern Champaign County | Ford County |
| School District | Rantoul High School |
| Elementary School | Rantoul City District |
| High School | Rantoul High School |
| Listing VS Median (in 61866) | |
Price: $485,000 low | high Med: $199,900 On site: 160 low | high Med: 75 | |
