About This Home
This land at 950 Broadmeadow Road in Rantoul, IL is listed for $485,000 (2.36 acres).
Key Features
- 2.36 acre lot
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
950 Broadmeadow Road
Rantoul, IL 61866
Questions & Answers
This 0-bedroom, 0-bathroom land at 950 Broadmeadow Road is listed at $485,000. The estimated monthly payment is $2,593 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: 2.36 acre lot.
This property is listed by Atif Irfan and can be reached at (217) 356-6100.
