1902 N County Road 3000 N Rantoul, IL 61866
For Sale
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This fantastic property presents endless possibilities of what it could become! Just looking for your imagination to bring it to life with a new purpose! Great opportunity to own a unique property and truly make it your own creation of what you envision. 3 acres zoned Agriculture, but certainly c ... an apply for variance on zoning should you want to the use for residential or commercial zoning. Great location on Rt 136 and set back a good distance from that roadway; located about a mile East outside Rantoul city limits. Amazing vaulted, wood framed, planked, and beamed cathedral ceiling with an approximate height of 24' at center. Approximately 3,000 square feet in the congregation area, not including all the classroom areas, entryway, foyer and upper floor. Total square footage of the red brick building is 4800 SF. This is not including another building that is attached that provides approximately another 1800 SF, but it currently has no HVAC. Buyer can keep and renovate or buyer can remove it from the site. There is also a shed. Complete tear off of 3 layers of shingles and new roof installed late March of 2024 with 35 year warrantied architectural shake shingles, 10 yr. warranty by Central Roofing on the install. Property has potential for so many various uses: Reception hall or event venue, daycare center, community living, church, offices with large meeting hall, retail/ antique mall, shelter for animals or people, Doctor or Dentist offices, restaurant/bar, private school, you dream it and what it could become! This could be a residential home, as well. At this great price, property is being sold AS IS. Buyer is welcome to do their own inspections for their own information.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
