Agricultural

Rantoul, IL Agricultural Land / Farmland for Sale

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Thomasboro, IL Ludlow, IL Gifford, IL Fisher, IL Champaign, IL Dewey, IL Paxton, IL Urbana, IL
Agricultural Land with Commercial Parcel
Updated: Jan 25, 2017
Agricultural Land with Commercial Parcel

1644 E Grove Avenue, Rantoul, IL 61866

$61,750
0.91 AC lot
5.29 acres total across two adjoining parcels
.912‑acre front parcel fronts RT 136 and is zoned COMMR
Front parcel measures 140 X 283
Rear parcel contains 4.38 acres with agricultural zoning
70 ft wide by 352 foot street easement provides access to the rear parcel
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Rantoul, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Agricultural Land Parcel
Agricultural Land Parcel

73 Hensley Rd, Champaign, IL 61822

$550,000

For sale agricultural land parcel offered at 73 Hensley Road in Champaign, Illinois.

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Urbana Land Near University
Urbana Land Near University

1950 High Cross Road N, Urbana, IL 61802

$349,900
15.00 AC lot

15-acre property near Urbana, suitable for development or hobby farm.

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Agricultural Farmland
Agricultural Farmland

2807 N Brickhouses Rd, Urbana, IL 61802

$99,000

For sale agricultural land located at 2807 N Brickhouses Rd in Urbana, Illinois.

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Land
Land

3510 MARIANNA DR, Champaign, IL 61822

Contact for pricing

Agricultural land / Farmland

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Rantoul, IL Agricultural Land / Farmland Market Trends and Statistics

Explore 1 agricultural land / farmland for sale in Rantoul, IL on our real estate platform. These investment opportunities span a total of 39,640 square feet of properties for sale, with an estimated market value of $61,750.

Sale prices for farmlands in Rantoul, IL average $61,750 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 13K
Population Growth (5Y) -6.2%
Median Household Income $51,389
College Educated 18.3%

High-Yield Neighborhoods for Investment

Identify Rantoul submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
61866 $61.8K

Taxes & Financing

Tax Rate (average for all types) 9.74%
Property Tax per SF $35.14 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Champaign County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Rantoul fall within the under-1-acre range.

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