Commercial Land in Development
For Sale
$4,000,000
2990 County Road 1400 E, Rantoul, IL 61866
Land, Rantoul, IL
Property SizeContact for details
Lot Size40.00 Acres
Days on Market785
Property Features for 2990 County Road 1400 E
General Information
Property type
Land
Property subtype
Other
Elementary school
Rantoul Elementary School
Middle school
Rantoul Junior High School
High school
Rantoul High School
Elementary school district
137
Middle school district
137
High school district
193
Directions
Heading south on County Rd. 1400 E. the property will be located on the west side of the road.
Subdivision
Northern Champaign County / Ford County
Standard status
Active
APN
200905200002
Lot size
40.00 Acres
Taxes and HOA fees
Tax Year
2022
Tax Annual Amount
2580
Listing Agency:
KELLER WILLIAMS-TREC · Keller Williams Realty
(217) 356-6100
Listed By:
Steve Littlefield · License #475138856
(217) 356-6100
Added: Jun 27, 2024
Changed: Aug 20
Last Checked: Aug 20 at 10:06PM
MLS# 12040267
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 40-acre commercial land tract forms part of a 134-acre development in Rantoul, Illinois. The property is identified at 2990 County Road 1400 E and is situated near the Rantoul Family Sports Complex.
Interstate 57 is located immediately nearby, with reported traffic counts exceeding 38,000 vehicles per day. The site is within Champaign County and offers a sizable land component for commercial development planning. The source information identifies hotel, waterpark, outdoor entertainment, retail, and restaurant concepts among the potential development ideas associated with the broader area.
Interstate 57 is located immediately nearby, with reported traffic counts exceeding 38,000 vehicles per day. The site is within Champaign County and offers a sizable land component for commercial development planning. The source information identifies hotel, waterpark, outdoor entertainment, retail, and restaurant concepts among the potential development ideas associated with the broader area.
Key Highlights
- 40‑acre commercial land tract
- Part of a 134‑acre development
- Near the Rantoul Family Sports Complex
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2
Businesses Nearby
Explore this area
Business Placement
Demographics for 61866, IL
13,459
Population
6,280
Households
2.1
Avg Household Size
37
Median Age
13%
College-Educated
91%
High-School Grad
80.0 sq mi
ZIP Area
168
Density / Sq Mi
$51,389
Median Household Income
$38,439
Median Earnings
$892
Median Rent
$111,900
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - A substantial tract positioned near a sports complex and Interstate 57 within a larger planned development area.
Where is this commercial land located?
The property is located at 2990 County Road 1400 E Rantoul, IL.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: 40‑acre commercial land tract; Part of a 134‑acre development; Near the Rantoul Family Sports Complex
