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    2995 County Road 1400 E Rantoul, IL 61866

    Picture of Commercial land at County Road 1400 E 2995, Rantoul, IL
    For Sale
    $563,000

    Land - Rantoul, IL

    Lot size:
    5.63 Acres
    Days on Market:
    76
    Last Refresh:
    Dec 14 at 6:06 pm

    Property Features for 2995 County Road 1400 E

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    200904100018
    Lot size
    5.63 Acres

    Building Details

    Architectural style
    Other

    Keller Williams The Real Estate Center of Illinois, LLC (217) 356-6100 [email protected]

    Listing agent Steve Littlefield (217) 356-6100 License #475138856

    Listing date Sep 30, 2025

    MLS# 12040289 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Rantoul Commercial Development Opportunity

    This 5.63-acre commercial land offers a development opportunity near the Rantoul Family Sports Complex, as part of a 134-acre development. Situated off Interstate 57, the location benefits from traffic counts exceeding 38,000 vehicles per day. The area is suitable for various businesses, including a hotel, waterpark, outdoor entertainment center, strip mall, or restaurant. Located in Rantoul, Illinois, the property is positioned in a flourishing area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Building Supply Wholesale Shop Auto Repair Shop Pharmacy Gym & Fitness Food Market Auto Parts Store Bar & Pub Electrical Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rantoul
    County
    Champaign
    State
    Illinois
    Longitude
    -88.194037
    Latitude
    40.302783

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    FAQs

    What type of property is this?
    Commercial land - 5.63-acre commercial land near Interstate 57 in Rantoul, Illinois.
    Where is this commercial land located?
    The property is located at 2995 County Road 1400 E Rantoul, IL.
    What is the asking price?
    The asking price for this property is $563,000.
    What are key features of this property?
    This property features: - Prime commercial development opportunity adjacent to the Rantoul Family Sports Complex.; - Part of a larger 134-acre development.; - Unbeatable location directly off Interstate 57.
    (217) 356-6100
    Request Owner's contact information
    2995 County Road 1400 E Rantoul, IL 61866
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    Rantoul, IL 61866
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2995 County Road 1400 E Rantoul, IL 61866
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