Active

950 Broadmeadow Road

Rantoul, IL 61866
$485,000
0beds
0baths
sqft
2.36acres
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About this home

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.
MLS Description — as provided by the listing brokerage.

The facts

Property typeLand
Lot size2.36 acres
Annual tax$20,516
CountyChampaign
MLS #MRD12618867
Days on market7

Schools

ElementaryRantoul City District
Middle / JuniorRantoul City District
High schoolRantoul High School

Features

Utilities
Electricity NearbyNatural Gas AvailableSewer Nearby
Listed by
KELLER WILLIAMS-TREC
Atif Irfan · 217-419-0195

Listing courtesy of mred MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of 4/20/2026, 5:06:17 AM. All data should be independently verified.

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