626 W Champaign Ave, Rantoul, IL 61866
For Sale
1 / 20
SVN Core 3 is excited to offer the opportunity to purchase land in growing Rantoul, IL. The approximately 1.1 acre sits just east of the intersection of S. Murray Road and W. Champaign Ave. on the north side of Champaign Ave. The site is minutes from Interstate 57 and only 20 minutes from Champaign. The site could be perfect for a national chain restaurant and would fit in well with the variety of fast food restaurants at that intersection, including the new Culver's restaurant being developed next door. The property currently sits in an Enterprise Zone with sales tax savings on construction materials and property tax rebates on a 5-year period. Additional land to the north could be available as needed. Property now zoned for commercial development.
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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
