Property profile

2985 County Road 1400 Rantoul, IL 61866

OFF-MARKET
Land
40 ac lot
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Property summary

AI-generated overview

This exceptional 40-acre commercial land parcel presents a unique investment opportunity in Rantoul, Illinois. Strategically located on County Road 1400 E, this property boasts unparalleled visibility and accessibility, directly adjacent to Interstate 57, a major thoroughfare with daily traffic exceeding 38,000 vehicles. The site is part of a larger 134-acre development project, ensuring future growth and synergy. Its prime location near the Rantoul Family Sports Complex further enhances its appeal, providing access to a significant population base and potential customer traffic. The expansive lot size offers considerable flexibility for a wide range of commercial developments, including, but not limited to, hotels, water parks, entertainment venues, retail centers, or restaurants. This is a rare chance to capitalize on the thriving economic climate of Rantoul and establish a successful business venture in a high-traffic, high-visibility location. The asking price for this exceptional property is $4,000,000. The property is offered for sale by owner. Don't miss this chance to secure a piece of Rantoul's burgeoning commercial landscape. The property is located in Champaign County, Illinois, with a zip code of 61866.

Property profile

Verified
Property type Land
Lot 40 ac (1,742,400 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2985 County Road 1400 Rantoul, IL 61866
Rantoul metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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