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    OFF-MARKET
    Golf courses & driving ranges

    808 Golf Course Rd, Rantoul, IL 61866

    3,000 SF 180 ac lot
    Property ID
    Property summary
    AI-generated overview

    Exceptional investment opportunity awaits with this 180-acre golf course in Rantoul, Illinois, listed at $1,850,000. Boasting a 3,000 square foot main building, this fully occupied property generates a net operating income (NOI) of $150,000 annually. The property includes a pro shop and a bar and grill, catering to both local and visiting golfers. Situated on Golf Course Road, with a 3000 zoning designation, this established business benefits from its strategic location within the vibrant Rantoul community. The land value alone is estimated at $750 per acre, adding significant value to this already profitable venture. This rare opportunity allows for the creation of a unique golfing experience, capitalizing on the area's growth potential and the demand for recreational activities. The property's size and existing infrastructure provide a solid foundation for continued success and expansion. Don't miss this chance to acquire a thriving golf course in a desirable location.

    Property profile
    Verified
    Property type Golf courses & driving ranges
    Total area 3,000 SF
    Lot 180 ac (7,840,800 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Willow Pond Golf Golf Course
    • Golf Tech Golf Instructor
    • Willow Pond Golf Course Golf Course
    • Willow Pond Landscaping Co Landscaping General Contractor
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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