950 Broadmeadow Road Rantoul, IL $ 485,000
950 Broadmeadow Road
$ 485,000
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950 Broadmeadow Road

Rantoul, IL, 61866
$ 485,000
Baths0.0

Monthly Estimate*

$ 2,986

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Studio

Lots and Land for sale in Rantoul, IL

for $485,000. The lot size is 2.36.

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.

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Lots and Land Active

Price

$ 485,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 20,516

Style

Commercial

Lot Size

2.36

Town/City

Rantoul

County/Region

Champaign

MLS | Web ID

12618867

Features
General
Utilities Electricity Nearby Natural Gas Available Sewer Nearby
Possession Closing
Zoning COMMR
Township Rantoul
Tax Year 2025
Current Use Commercial
Ownership Fee Simple
County Champaign
Property Type Land Land
Status Active
Directions Merge onto US-136 E/Champaign Ave Use the right lane to turn right onto County Rd 1500 E/S Murray Rd Turn right at the 1st cross street onto Broadmeadow Rd
High School Rantoul High School
City Rantoul
High School District 193
MLS Area Northern Champaign County / Ford County
Elementary School Rantoul City District
Tax Annual Amount 20516
Middle/Junior High School Rantoul City District
Standard Status Active
Middle/Junior School District 137
Elementary School District 137
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Exterior
Total Parking 0
Lot Dimensions 215X471
Lot Size Acres 2.36
Road Surface Type Asphalt
Frontage Length 215
Frontage Type Frontage Road
Waterfront Y/N N
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Interior
Total Baths 0
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* Excluded Features
List By
Keller Williams-Trec

Broker

airfan@kw.com

Email

Affordability Calculator

$4,696
Per Month
64%
36%
0%
Monthly Principal & Interest
$2,986
Monthly Property Taxes
$1,710
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2050344 Elementary School
5420377 Middle School
Rantoul High School High School
Pricing History
DatePricePrice ChangeDescription
4/14/2026$485,000 Listed Price

Map


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950 Broadmeadow Road, Rantoul, IL, 61866 is a Lots and Land for sale at $485,000 with a lot size of 2.36. 950 Broadmeadow Road is a studio with 0.0 baths. The property's zip code is 61866 which is in Rantoul, IL