Rantoul, IL Commercial Development
950 Broadmeadow Road Rantoul, IL 61866
For Sale
$485,000
LAND - Rantoul, IL
Lot Size2.36 Acres
Days on Market101
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 Agency:
KELLER WILLIAMS-TREC
(217) 356-6100
Listed By:
Atif Irfan · License #475184926
(217) 356-6100
Added: Apr 14
Last Checked: Jul 23 at 5:06PM
MLS# 12618867
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
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.
