626 W Champaign Ave, Rantoul, IL 61866

Listing agent Carrie Tinucci-Troll License #IL475166842

Listing office SVN Core 3

Listing date Jan 23, 2023

Source Crexi

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

Report an issue

---

Overview

This is an opportunity to purchase approximately 1.1 acres of land in Rantoul, Illinois. The site is located just east of the intersection of S. Murray Road and W. Champaign Avenue, on the north side of Champaign Avenue. It is situated minutes from Interstate 57 and approximately 20 minutes from Champaign. The property is zoned for commercial development and could be suitable for a national chain restaurant, complementing the existing fast food restaurants in the area. A new Culver's restaurant is currently under development next door. The property is located in an Enterprise Zone, offering potential sales tax savings on construction materials and property tax rebates over a 5-year period. Additional land to the north may be available.

Suggested Use

Real Estate Agency Restaurant Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

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

Nearby Similar for Sale

• 

  $169,900

  1,775 SF

  Freestanding Commercial Building on Century Blvd

  Commercial building with drive-thru on busy Century Blvd in Rantoul.

  333 S Century Boulevard, Rantoul, IL 61866

  View Details
• 

  $485,000

  Rantoul, IL Commercial Development Land

  Prime commercial land near I-57, ideal for various developments.

  950 Broadmeadow Road, Rantoul, IL 61866

  View Details
• 

  $310,000

  Rantoul Commercial Self-Storage Facility

  Self-storage facility with 53 units, potential for income generation.

  402 E FLESSNER Avenue, Rantoul, IL 61866

  View Details
• 

  $75,000

  Former Children's Home For Sale

  Three-story brick building on 1.65-acre lot, centrally located.

  106 N Chanute Street, Rantoul, IL 61866

  View Details
• 

  $370,000

  Rantoul Commercial Property with Fenced Yard

  Versatile commercial building with fenced yard, ideal for storage.

  121 E Neal Drive, Rantoul, IL 61866

  View Details
• 

  $515,000

  Rantoul Commercial Self-Storage Facility

  Self-storage facility with income potential in Rantoul, Illinois.

  320 E LETCHWORTH Avenue, Rantoul, IL 61866

  View Details
• 

  $185,000

  Office and Storage Space

  Office and storage space with high visibility and easy access.

  810 S CENTURY Boulevard, Rantoul, IL 61866

  View Details
• 

  $49,900

  Prime Commercial Corner Parcel

  2.33 acre commercial lot with high visibility and accessibility.

  1316 YAKEL Street, Rantoul, IL 61866

  View Details
• 

  $563,000

  Commercial Land Near Sports Complex

  Commercial development opportunity near Interstate 57 and Rantoul.

  2995 County Road 1400 E, Rantoul, IL 61866

  View Details
• 

  $145,000

  395 SF

  Mixed-Use Retail and Office Building

  Two separate street-level storefront/office spaces with individual entrances, plus potential for additional residential units above.

  122-124 East Sangamon Avenue, Rantoul, IL 61866

  View Details
• 

  $310,000

  Rantoul Storage Facility For Sale

  Storage facility available east of Rantoul, Illinois.

  402 E FLESSNER Avenue E, Rantoul, IL 61866

  View Details
• 

  $233,000

  Unique Commercial Property with Potential

  Versatile 4800 SF property on 3 acres near Rantoul.

  1902 N County Road 3000 N, Rantoul, IL 61866

  View Details

FAQs

What type of property is this?

Commercial land - 1.1 acre commercial land for sale in 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: Prime location near the intersection of S. Murray Road and W. Champaign Ave.; Zoned for commercial development.; Located in an Enterprise Zone offering sales tax savings and property tax rebates.