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626 W Champaign Ave 1.1 Acres of Commercial Land Offered at $655,314 CAD in Rantoul, IL 61866

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Investment Highlights

  • Heavy Traffic

Executive Summary

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.

Property Facts

Price $655,314 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 1.10 AC

1 Lot Available

Lot

Price $655,314 CAD
Price Per AC $595,739.63 CAD
Lot Size 1.10 AC

The available lot is located just East of the intersection of S. Murray Rd. and W. Champaign Ave on the north side of W. Champaign Ave.

Property Taxes

Property Taxes

Parcel Number
20-09-03-102-024
Land Assessment
$8,972 CAD
Improvements Assessment
$0 CAD
Total Assessment
$8,972 CAD
  • Listing ID: 27597726

  • Date on Market: 2023-01-26

  • Last Updated:

  • Address: 626 W Champaign Ave, Rantoul, IL 61866

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