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626 Champaign Ave Rantoul, IL 61866

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1.1-Acre Commercial Lot, Prime Location

Property Features for 626 Champaign Ave

General Information

Property type
Land
Lot Size
47,916 SF

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Listing Contact
Carrie Tinucci-Troll
Carrie Tinucci-Troll

Listing Agency: SVN Core 3 Listing Agent: Carrie Tinucci-Troll

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

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Property Insight Report

Overview

This exceptional 1.1-acre commercial land parcel presents a compelling investment opportunity in the thriving town of Rantoul, Illinois. Located at 626 W. Champaign Ave, this property enjoys a high-visibility position just east of the intersection of S. Murray Road and W. Champaign Ave, offering excellent accessibility and exposure. Its proximity to Interstate 57 ensures convenient access for customers and employees, placing it only 20 minutes from Champaign. The site's strategic location is further enhanced by its adjacency to a variety of fast-food restaurants, including a newly developed Culver's, making it ideally suited for a national chain restaurant or similar commercial venture. The property benefits from its placement within an Enterprise Zone, providing significant financial advantages including sales tax savings on construction materials and property tax rebates over a five-year period. Priced at $479,160, with a land value of $10 per square foot, this offering represents a strong return on investment. The potential for expansion is also noteworthy, with the possibility of acquiring additional acreage to the north as needed. Furthermore, its proximity to the Family Sports Complex adds to its appeal and potential for attracting a diverse clientele. This is a rare opportunity to acquire a well-situated commercial lot in a rapidly growing area. The APN is 200903102024.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial real estate

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
-88.171450398442
Latitude
40.308351689821

FAQs

What type of property is this?
Land - 1.1-Acre Commercial Lot, Prime Location
Where is this land located?
The property is located at 626 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: 1.1-acre commercial lot with potential for expansion.; High-visibility location near Family Sports Complex.; Prime intersection near I-57, offering excellent accessibility.
(331) 452-6860 Call to check price and availability
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