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626 W Champaign Ave., Rantoul, IL, 61866
Rantoul Commercial Land Opportunity

626 W Champaign Ave. Rantoul, IL 61866

For Sale
$479,160

1.1 acre commercial land in growing Rantoul, Illinois.

Property Size1 SF
Price / SF$479,160
Days on Market245

Property Features for 626 W Champaign Ave.

General Information

Standard status
Active
Size
1 SF
Property subtype
Land
Listing Agency: SVN | Core 3
Listed By: Carrie Tinucci-Troll, CCIM · License #IL475166842
Source: Svn
Added: Nov 21, 2025 Changed: Jul 6 Last Checked: Jul 23 at 6:00AM

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 Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Parking Lot & Garage Electrical Service Storage Facility Kitchen & Bath Showroom Grocery & Convenience Store Plumbing Service Dental Office (Bike/Boat/Book/etc) Store Locksmith Cafe & Coffee Shop

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

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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