626 W. Champaign Ave.
- Approximately 1.1 acre developable lot
- Close proximity to Family Sports Complex
- Busy intersection right off the Interstate
Property Description
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.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Land/Development |
| Price: | $479,160 |
| Lot Size: | 1.10 Acres |
| Opportunity Zone: | No |
| Property Website | Click Here |
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
600 S Glenstone Ave
Springfield, Missouri
Intersection of Telegraph Rd & Dixie Hwy
Waterford, MI, Michigan
Brokers
View All-
Remax Real Estate Professionals
Re/Max Real Estate Professionals
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Greg Corbin
Northgate Real Estate Group
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout