Rantoul Commercial Land
For Sale
$479,160
626 W Champaign Ave., Rantoul, IL 61866
1.1 acre commercial land in growing Rantoul, Illinois.
Property Size1 SF
Price / SF$479,160
Days on Market272
Property Features for 626 W Champaign Ave.
General Information
Standard status
Active
Size
1 SF
Property subtype
Land
Listing Agency:
SVN Core 3
(331) 452-6860
Listed By:
Carrie Tinucci-Troll, CCIM · License #IL475166842
(331) 452-6860
Source:
Svn
Added: Nov 21, 2025
Changed: Aug 8
Last Checked: Aug 20 at 4:23AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN Core 3
Investment Insights
Based on property information with market context.
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.
Key Highlights
- 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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
116
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 - 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.
