Property summary
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
VerifiedCap rate & NOI
Current use
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Golf Course
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Golf Instructor
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Golf Course
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Landscaping General Contractor
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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