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 Details
Price:
$485,000
MLS #:
MRD12618867
Status:
Active
Beds:
0
Baths:
0
Type:
Land
Neighborhood:
northernchampaigncountyfordcounty
Listed Date:
Apr 14, 2026
See this Listing
Schools
School District:
193
Elementary School:
Rantoul City District
Middle School:
Rantoul City District
High School:
Rantoul High School
Interior
Exterior
Financial
Tax Year
2025
Taxes
$20,516
Map
Community
- Address950 Broadmeadow Road Rantoul IL
- CityRantoul
- CountyChampaign
- Zip Code61866
Market Summary
Property Summary
- 950 Broadmeadow Road Rantoul IL is a Land for sale in Rantoul, IL, 61866. It is listed for $485,000 and features 2 acres.
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Copyright 2026. All rights reserved.
950 Broadmeadow Road
Rantoul, IL


