NOT LISTED FOR SALE

636 & 640 W Champaign Ave Rantoul, IL 61866

1 Acre
-- Price per Acre
43,560 Sq Ft Lot

Last Sold July 10, 2024

Last sale price $450,846

381 Days on Market

About This Lot

As of July 2024

Here is your chance to purchase land in growing Rantoul, IL. The available approximate 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 would be perfect for a QSR or national chain restaurant and would fit in well with the variety of fast food restaurants at that intersection. 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 acreage available if needed.

Last Agent to Sell the Property

Carrie Troll

CORE 3 Commercial Real Estate License #475166842 Listed on: 01/23/2023

CORE 3 Commercial Real Estate

Last Buyer's Agent

Non Member

NON MEMBER

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,674

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 167 x 230
  • Additional Parcels

Schools

  • Rantoul Elementary School
  • Rantoul Junior High School
  • Rantoul Twp High School

Utilities

  • Electricity To Lot Line
  • Gas Available

Property Details

Property Type

Land

Est. Annual Taxes

$5,674

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Road Surface Type: Asphalt
  • Subdivision Name: Not Applicable
  • General Information: Interstate Access
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement Bathrooms: No

Exterior Features

  • Frontage Length: 167
  • Frontage Type: City Street
  • List Price: 392040
  • Waterfront: No

Utilities

  • Utilities: Electric to Site, Gas to Site, Sanitary Sewer, Water to Site

Schools

  • Elementary School: Rantoul Elementary School
  • High School: Rantoul Twp Hs
  • Middle/Junior School: Rantoul Junior High School
  • Middle/Junior School District: 137

Lot Info

  • Additional Parcels Description: 200903102010
  • Additional Parcels: Yes
  • Lot Size Acres: 1
  • Lot Dimensions: 167 X 230
  • Zoning: OTHER
  • Lot Size: 1.0-1.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 23

Building Info

  • Building(s) on Land: Yes

Tax Info

  • Tax Annual Amount: 5674
  • Tax Year: 2021
  • Tax Exemptions: None

Range of Values:

Collateral Analytics

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ICE

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2024 07/10/24 Sold $450,846 +15.0% --
02/09/2024 02/09/24 Pending -- -- --
01/23/2023 01/23/23 For Sale $392,040 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11705594

Midwest Real Estate Data (MRED)