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Land · Rantoul, IL
$485,000
beds · baths
950 Broadmeadow Road, Rantoul, IL, 61866
A brick-and-mortar place to make your own — room to make it home.
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What’s special

2.36-acre 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.
— the listing agent’s description

The home

2.36-acre lot
Land

What it’ll cost

$20,516 taxes / yr
No HOA
14 days on dwello

Estimated monthly payment

$4,430/mo
Principal & interest$2,579
Property taxes$1,710
Homeowners insurance$141
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Tour this home

In person, on your schedule — a dwello agent meets you there.
WED
Jun 3
THU
Jun 4
FRI
Jun 5
SAT
Jun 6
11:00 am
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14 days on dwello
Price history
Listed for sale
Apr 14, 2026
$485,000
Property taxes
2025
Annual tax bill (MLS)
$20,516/yr
From county records — verify with the assessor.

Schools

Elementary — Rantoul City District
Middle — Rantoul City District
High — Rantoul High School
Assigned schools per the listing — always verify enrollment + boundaries with the district.
Neighborhood
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Nearby places via OpenStreetMap — approximate; verify what matters to you. Map © Mapbox © OpenStreetMap.
MLS listing dataMRED
Listed by Atif Irfan · KELLER WILLIAMS-TREC
Listing last updated Apr 27, 2026 · data refreshed from the MLS Jun 17, 2026, 6:13 PM CT
Based on information submitted to the MLS GRID as of Jun 17, 2026, 6:13 PM CT. Listing data © MRED LLC, distributed by MLS GRID — deemed reliable but not guaranteed; independently verify. Anything shown below this point is not MLS listing data.
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