2995 County Road 1400 East

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2995 County Road 1400 East

Rantoul, IL 61866
Asking Price
$563K
Asset Type
Commercial Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Commercial land parcel located at 2995 County Road 1400 East.
  • The property is situated immediately next to Rantoul Family Sports Complex.
  • Asset is currently offered for sale at a price of 563000.
  • Well positioned site within a growing Rantoul commercial submarket.
  • Strategically located for businesses catering to local event participants.

What's Special

This commercial land parcel spans the area at 2995 County Road 1400 East in Rantoul, Illinois. The site occupies a strategic position directly adjacent to the Rantoul Family Sports Complex, providing high visibility and proximity to a major regional draw for visitors and families. The local economy in this Champaign County submarket benefits from its connectivity to regional transit routes and a steady flow of traffic generated by the nearby sports facility. Investors and developers may find this property suitable for various commercial applications that benefit from consistent foot traffic, such as hospitality ventures, food and beverage establishments, or retail services designed to cater to event attendees. The flat topography and straightforward access contribute to the functional utility of the land for future build-outs. Rantoul maintains a growing presence within the metro area, making this a viable prospect for those seeking to establish or expand a commercial footprint in a well-positioned, accessible market.

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NOI
$80,000
Cap Rate
14.21%
DSCR
2.39
Strong
Cash-on-Cash
27.58%
Monthly Payment
$2,785.417
Annual Cash Flow
$46,574.998

Location & Travel Times