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626 W Champaign Ave Rantoul, IL 61866

For Sale
$479,160

1.1 acre commercial land in growing Rantoul, Illinois.

Property size:
1 SF
Lot size:
1.10 Acres

Property Features for 626 W Champaign Ave

General Information

Size
1 SF
Lot size
1.10 Acres

Source: Carrie Tinucci-Troll Agent Carrie Tinucci-Troll

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Rantoul Commercial Land Opportunity

This is an opportunity to purchase approximately 1.1 acres of commercial land in Rantoul, Illinois. The site is located just east of the intersection of S. Murray Road and W. Champaign Ave on the north side of Champaign Ave, minutes from Interstate 57, and 20 minutes from Champaign. The property is now zoned for commercial development and could be suitable for a national chain restaurant, fitting in with the fast food restaurants at that intersection. A new Culver's restaurant is currently being developed next door. The property is located in an Enterprise Zone, offering potential sales tax savings on construction materials and property tax rebates on a 5-year period. Additional land to the north may be available. The available lot is located just west of the single family house that sits at the corner of W. Champaign Ave. and S. East Ave. The property is in close proximity to Family Sports Complex and a busy intersection right off the Interstate.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Realty agency Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

Location Insight

  • Map
  • Local Demand
City
Rantoul
County
Champaign
State
Illinois
Longitude
-88.1711198
Latitude
40.3087787

FAQs

What type of property is this?
Commercial land - 1.1 acre commercial land in growing Rantoul, Illinois.
Where is this commercial land located?
The property is located at 626 W Champaign Ave Rantoul, IL.
What is the asking price?
The asking price for this property is $479,160.
What are key features of this property?
This property features: - Located in an Enterprise Zone offering sales tax savings on construction materials and property tax rebates for 5 years.; - Zoned for commercial development, ideal for a national chain restaurant.; - Approximately 1.1 acre developable lot.
More about this property
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