950 Broadmeadow Rd Rantoul, IL 61866
Rantoul AreaEstimated payment $4,373/month
About This Lot
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.
Listing Agent
KELLER WILLIAMS-TREC Brokerage Phone: (217) 419-0195 License #475184926 Listed on: 04/14/2026
Property Details
Property Type
- Land
Est. Annual Taxes
- $20,516
Lot Details
- 2.36 Acre Lot
- Lot Dimensions are 215x471
- Property is zoned COMMR
Schools
- Rantoul City District Elementary And Middle School
- Rantoul High School
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,123 | $88,698 | $19,533 | $69,165 |
| 2024 | $7,123 | $81,151 | $17,871 | $63,280 |
| 2023 | $6,797 | $72,102 | $15,878 | $56,224 |
| 2022 | $6,023 | $65,221 | $14,363 | $50,858 |
| 2021 | $4,699 | $68,445 | $13,415 | $55,030 |
| 2020 | $5,033 | $89,689 | $12,740 | $76,949 |
| 2019 | $8,010 | $83,354 | $11,840 | $71,514 |
| 2018 | $7,675 | $77,023 | $10,941 | $66,082 |
| 2017 | $7,233 | $70,027 | $9,947 | $60,080 |
| 2016 | $6,929 | $64,470 | $9,119 | $55,351 |
| 2015 | -- | $60,450 | $8,550 | $51,900 |
| 2014 | -- | $60,150 | $8,500 | $51,650 |
| 2013 | -- | $63,813 | $9,432 | $54,381 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/14/2026 04/14/26 | For Sale | $485,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12618867
APN: 200904401005
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Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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