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626 W Champaign Ave 1.1 Acres of Commercial Land Offered at $479,160 in Rantoul, IL 61866
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 | $479,160 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 1.10 AC |
| Property Type | Land |
| Price | $479,160 |
| 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 | $479,160 | Lot Size | 1.10 AC |
| Price Per AC | $435,600.00 |
| Price | $479,160 |
| Price Per AC | $435,600.00 |
| 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.
1 1
Property Taxes
| Parcel Number | 20-09-03-102-024 | Improvements Assessment | $0 |
| Land Assessment | $6,560 | Total Assessment | $6,560 |
Property Taxes
Parcel Number
20-09-03-102-024
Land Assessment
$6,560
Improvements Assessment
$0
Total Assessment
$6,560
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626 W Champaign Ave
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