Contact us: 563.441.1776
Description
Prime commercial development opportunity located just off I-57 in a high-visibility, high-traffic corridor in Rantoul, IL. This vacant land is strategically positioned in a thriving business area with excellent highway access, making it ideal for retail, hospitality, hotel, restaurant, gas station, or mixed-use development. Walking distance to the Rantoul Sports Complex, a major regional attraction that drives consistent visitor traffic and economic activity to the area-making this site especially attractive for hospitality and retail development. Located within a TIF (Tax Increment Financing) District, offering potential incentives to develop, including possible reimbursement for eligible project costs (buyer to verify with municipality). The property benefits from strong traffic counts, easy ingress/egress, and proximity to major employers, national retailers, and Champaign-Urbana. Utilities are nearby (buyer to verify), and flexible zoning supports a wide range of commercial uses. This is a rare opportunity to acquire well-located development land in a growing corridor with strong upside potential.
Property Highlights
Property Type: Land - Commercial
Total Acres: 2.36 Acres
Utilities: Electricity Nearby, Natural Gas Available, Sewer Nearby
General Information
County: Champaign
High School: Rantoul High School
Listed By:
KELLER WILLIAMS-TREC
217-356-6100
MRED MLS
MLS ID: 12618867
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950 Broadmeadow Road, Rantoul, IL 61866.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $485,000 | $485,000 | $485,000 |
| Down Payment | $97,000 | $16,975 | $121,250 |
| Monthly Mortgage Amount | $2,264 | $2,855 | $2,948 |
| Taxes | $675 | $675 | $675 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $213 | $0 |
| Monthly Estimated Total | $3,080 | $3,884 | $3,764 |
Disclaimer:
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/17/2026. The listing information on this page last changed on 04/17/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 04/17/2026 4:31:51 AM EST) or MRED MLS (last updated Fri 04/17/2026 2:04:11 AM EST) or SCWMLS (last updated Thu 04/16/2026 11:54:38 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Thu 04/16/2026 10:16:31 PM EST) or Cedar Rapids MLS (last updated Thu 04/16/2026 10:44:14 PM EST) or NEIRBR MLS (last updated Fri 04/17/2026 1:18:42 AM EST) or ICAAR MLS (last updated Thu 04/16/2026 11:37:29 PM EST) or ECIMLS (last updated Thu 04/16/2026 11:44:15 PM EST) or RMLSA (last updated Fri 04/17/2026 1:10:57 AM EST) or Muscatine MLS (last updated Fri 04/17/2026 2:00:24 AM EST) or No Coast MLS (last updated Fri 04/17/2026 12:44:21 AM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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