950 Broadmeadow RoadRantoul, 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.

Property Information

Property type

Land

Lot size

2.36 acres

Lot dimensions

215X471

Ownership

Fee Simple

Zoning

COMMR

Days on market

175

MLS^® Listing#

12618867

Property Features

Utilities

Natural Gas Available

Schools

Elementary

Rantoul City District

Middle

Rantoul City District

High

Rantoul High School

District

Rantoul High School

Financial Details

Annual taxes

$20,516Tax year 2025

Parcel number

200904401005

Directions

Merge onto US-136 E/Champaign Ave Use the right lane to turn right onto County Rd 1500 E/S Murray Rd Turn right at the 1st cross street onto Broadmeadow Rd