808 Golf Course Rd Rantoul, IL 61866
- Golf courses & driving ranges
- 3,000 SF
- 180.00 lot acres
Current Use by Public Records
- Willow Pond Golf / Golf Club
- Golf Tech / Golf Instructor
- Willow Pond Golf Course / Golf Course / Bar & Grill
- Willow Pond Landscaping Co / Landscaper
Property Details for 808 Golf Course Rd
- Lot size
- 180.00 lot acres
- Property size
- 3,000 SF
- Property type
- Golf courses & driving ranges
- Property subtype
- Specialty properties
Description
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.
Value Estimation
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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
- -88.1347
- Latitude
- 40.2969
