Property summary
The property is located in Rantoul, Illinois, just north of the University of Illinois, on a 10.5-acre parcel. It is configured as a tourist and event facility with multiple income-generating and operational structures, including a 3,456-square-foot banquet hall designed for group gatherings with a seating capacity of 130 and a service kitchen; a 1,987-square-foot timber frame gift shop; a 2,240-square-foot Amish-built livestock barn/shed/workshop; and a 1,171-square-foot pole barn. The grounds include fenced pasture, a 10-acre corn maze area, and parking. The real estate also includes a 2,200-square-foot, 3-bedroom farmhouse with an attached oversized two-car garage; the farmhouse is built using reclaimed hardwood and features an open-concept layout. Additional elements described with the facility include the operational presence of reindeer (23 head noted), along with onsite equipment, tools, and related operational assets. The property is described as being within approximately 2 miles of the I-57 corridor, about 25 minutes from the University of Illinois main campus, and roughly 2 hours from Chicago, and it is described as being subject to an ongoing re-plat and rezoning process for the parcel where the business operates.
Property profile
VerifiedCap rate & NOI
Current use
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Food Processing Plant
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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