Property profile

1050 Champaign Ave Rantoul, IL 61866

OFF-MARKET
Land
48.48 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 48.48-acre commercial land parcel presents a rare development opportunity in Rantoul, Illinois. Strategically located on West Champaign Avenue, 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 proximity to the Rantoul Family Sports Complex further enhances its appeal, providing a built-in customer base and potential for synergistic development. The property's expansive size allows for a wide range of commercial ventures, from hotels and water parks to entertainment centers, strip malls, and restaurants. Given Rantoul's current economic growth and the high traffic volume, this location offers an exceptional return on investment for developers seeking a prime location in a thriving community. The property is zoned for commercial use and is available for sale by owner. This is a unique chance to capitalize on a burgeoning market and create a landmark commercial development in a highly desirable area. Serious inquiries only. The property is located in Champaign County, Illinois, with the full address being 1050 W Champaign Ave, Rantoul, IL 61866.

Property profile

Verified
Property type Land
Lot 48.48 ac (2,111,789 SF)

Cap rate & NOI

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

Location

1050 Champaign Ave Rantoul, IL 61866
Rantoul metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1050 Champaign Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message