2990 County Road 1400 Rantoul, IL 61866
- Land
- 40.00 lot acres
Current Use by Public Records
- Land
Property Details for 2990 County Road 1400
- Lot size
- 40.00 lot acres
- Property type
- Land
Description
This exceptional 40-acre commercial land parcel presents a remarkable development opportunity in Rantoul, Illinois. Strategically located on County Road 1400 E, this property boasts unparalleled visibility and accessibility, situated directly off 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 proximity to the Rantoul Family Sports Complex further enhances its appeal, providing a built-in customer base and significant foot traffic. The property's expansive size allows for a wide range of development possibilities, including but not limited to hotels, water parks, outdoor entertainment venues, strip malls, and restaurants. Given Rantoul's current economic growth and the high volume of daily traffic, this location offers an exceptional return on investment for forward-thinking developers. The asking price for this prime commercial land is $4,000,000. The property is offered for sale by owner and is zoned for commercial use. This is a rare opportunity to acquire a significant land parcel in a thriving Illinois community with excellent infrastructure and high visibility. Don't miss this chance to capitalize on the potential of this exceptional location. The zip code is 61866, and the property is located in Champaign County.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Rantoul
- County
- Champaign
- State
- Illinois
- Longitude
- -88.194
- Latitude
- 40.3078