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Rantoul, IL Commercial Development Land

950 Broadmeadow Road Rantoul, IL 61866

950 Broadmeadow Road, Rantoul, IL, 61866
$485,000
For Sale
Claim this Listing
$485,000

LAND - Rantoul, IL

Lot Size2.36 Acres
AddedApr 14
Days on Market94
Last RefreshJul 16 at 2:06 am

Property Features for 950 Broadmeadow Road

General Information

Property type
Land
Property subtype
Other
Zoning
COMMR
Standard status
Active
APN
200904401005
Lot size
2.36 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
2021R03949
Tax Annual Amount
20516

Utilities

Utilities
Natural Gas Available

Listing agent Atif Irfan License #475184926

Listing office KELLER WILLIAMS-TREC 2441 Village Green Place, Champaign, IL

Listing date Apr 14, 2026

MLS# 12618867 Listing URL

Copyright © 2026 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.


Investment Insights

Based on property information with market context.

This 2.36-acre vacant land presents a commercial development opportunity in Rantoul, Illinois, situated off I-57 in a high-visibility, high-traffic area. Its location in a thriving business area with highway access makes it suitable for retail, hospitality, hotel, restaurant, gas station, or mixed-use development. The property is within walking distance of the Rantoul Sports Complex, a regional attraction that generates visitor traffic and economic activity, making the site attractive for hospitality and retail development. Located within a TIF (Tax Increment Financing) District, the property offers potential development incentives, including possible reimbursement for eligible project costs, subject to buyer verification with the municipality. The property benefits from strong traffic counts, easy access, and proximity to major employers, national retailers, and Champaign-Urbana. Utilities are nearby, subject to buyer verification. Flexible zoning supports a range of commercial uses.

Key Highlights

  • Prime commercial development opportunity with high visibility and traffic, located just off I‑57.
  • Strategic location in a thriving business area with excellent highway access, suitable for various commercial uses.
  • Walking distance to the Rantoul Sports Complex, a major regional attraction driving consistent visitor traffic.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Electrical Service Auto Repair Shop Locksmith Pharmacy Grocery & Convenience Store Big Box & Wholesale Store Cafe & Coffee Shop Computer & Electronic Repair Home Appliance Store Grocery & Convenience Store

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

FAQs

What type of property is this?
Commercial land - Prime commercial land near I-57, ideal for various developments.
Where is this commercial land located?
The property is located at 950 Broadmeadow Road Rantoul, IL.
What is the asking price?
The asking price for this property is $485,000.
What are key features of this property?
This property features: Prime commercial development opportunity with high visibility and traffic, located just off I‑57.; Strategic location in a thriving business area with excellent highway access, suitable for various commercial uses.; Walking distance to the Rantoul Sports Complex, a major regional attraction driving consistent visitor traffic.
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