For Sale
Property summary
This exceptional 0.71-acre commercial land parcel presents a unique investment opportunity in Rantoul, Illinois. Located at 301 S. Murray Road, this prime corner lot sits at the southeast intersection of S. Murray Road and W. Champaign Ave, offering unparalleled visibility and accessibility. Its strategic location provides convenient access to Interstate 57, maximizing exposure to a large volume of daily traffic. The property is zoned C-2, allowing for a wide range of commercial uses. The existing 2,682 square foot building offers potential for redevelopment or repurposing. This property boasts a highly desirable location, benefiting from both local residents and the significant interstate traffic flow. The APN is 20-09-03-151-014. The asking price for this exceptional commercial land is $300,000. Don't miss this chance to capitalize on this high-traffic location and establish your business in a thriving community. This is a rare opportunity to acquire a substantial corner lot with significant development potential.
Property profile
VerifiedCap rate & NOI
Current use
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Atm
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Grocery & Convenience Store
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Rantoul market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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