950 Broadmeadow Rd, Rantoul, IL 61866
FOR SALE
2.36 ACRES

950 Broadmeadow Rd
Rantoul, IL 61866

    $485,000

    Est. Mortgage $3,374/mo*

    $485,000

    Est. Mortgage $3,374/mo*
    (on 2.36 acres)

    Local Information

    Map showing home location
    © Google
    -- mins to
    Commute Destination

    Description

    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.

    Home Highlights

    Parking
    No Info
    Outdoor
    No Info
    HOA
    None
    Price/Sqft
    No Info
    Listed
    57 days ago

    Home Details for 950 Broadmeadow Rd

    Active Status

    MLS Status: Active

    Interior Features

    Appliances & Utilities
    Utilities: Electricity Nearby, Natural Gas Available, Sewer Nearby
    View
    No View

    Exterior Features

    Frontage
    Road Frontage: Frontage RoadRoad Surface Type: AsphaltNot on Waterfront
    Farm & Range
    Frontage Length: 215

    Days on Market

    Days on Market: 57

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Unimproved Land
    Property Information
    Parcel Number: 200904401005

    Price & Status

    Price
    List Price: $485,000
    Status Change & Dates
    Possession Timing: Close Of Escrow

    Location

    Direction & Address
    City: Rantoul
    School Information
    Elementary School: Rantoul City DistrictElementary School District: 137Jr High / Middle School: Rantoul City DistrictJr High / Middle School District: 137High School: Rantoul High SchoolHigh School District: 193

    Agent Information

    Listing Agent
    Listing ID: 12618867

    Lot Information

    Lot Area: 2.36 Acres

    Listing Info

    Special Conditions: None

    Business

    Business Information
    Ownership: Fee Simple

    Miscellaneous

    Mls Number: 12618867Attribution Contact: (217) 419-0195

    Additional Information

    Source Internet Consumer CommentSource Internet Entire Listing DisplayMRD IDX Comments Reviews: YesMRD Listing On IDX Display: YesMRD Address On VOW Display: YesMRD AVM On IDX Display: YesSource Internet Automated Valuation DisplayMRD Price History On IDX Display: YesMRD Market Time On IDX Display: YesSource Internet Address DisplayMRD REMARKSINTERNET: YesMRD Remarks On VOW Display: Yes
    Last check for updates: about 11 hours ago
    Listing courtesy of: Atif Irfan, (217) 419-0195
    KELLER WILLIAMS-TREC
    Source: MRED as distributed by MLS GRID, MLS#12618867

    Market trends in Rantoul

    Last updated April 2026
    Buyer'sMarketSeller'sMarket
    Avg. sale price
    Sale-to-List Price
    Price per sq ft
    Available listings
    25
    8
    MoM

    Price History for 950 Broadmeadow Rd

    DatePriceEventSource
    04/14/2026$485,000Listed For SaleMRED as distributed by MLS GRID #12618867

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    Comparable Sales for 950 Broadmeadow Rd

    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    1.35
    Lot/Land
    $10,000
    10/03/25
    -
    -
    1.28
    Lot/Land
    $20,000
    02/17/26
    -
    -
    1.31
    Lot/Land
    $20,000
    12/06/25
    -
    -
    1.29
    Lot/Land
    $20,000
    12/06/25
    -
    -
    2.88
    Lot/Land
    $12,500
    01/29/26
    -
    -

    Nearby homes

    Get a sense of prices in the area by checking nearby homes.
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    Assigned Schools

    These are the assigned schools for 950 Broadmeadow Rd.
    The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

    What Locals Say about Rantoul

    At least 81 Trulia users voted on each feature.
    • 93 % Say parking is easy

    • 83 % Say kids play outside

    • 81 % Say yards are well-kept

    • 79 % Say car is needed

    • 79 % Say it's dog friendly

    • 71 % Say there's holiday spirit

    • 60 % Say there are sidewalks

    • 55 % Say neighbors are friendly

    • 53 % Say people would walk alone at night

    • 53 % Say streets are well-lit

    • 51 % Say it's quiet

    • 46 % Say they plan to stay for at least 5 years

    • 44 % Say there's wildlife

    • 42 % Say it's walkable to grocery stores

    • 33 % Say it's walkable to restaurants

    • 24 % Say there are community events

    Sourced by Trulia users. Learn more about our methodology.
    • Melina Thompson
      "My commute to work is 3 minutes in a car, 10 minutes on foot. Everything in Rantoul is close by and there is no real downtown."
    • Benfocus S.
      "yes I do have access to public transportation. and all I have to do is call and they'll be there to pick me up on time."
    • Michael S.
      "Historic district at the former Chanute Air Force Base as a quiet and charming neighborhood. close access to walking and bike trails and parks."
    • Ray E. J.
      "I hate it here very weird and very much hateful. This town hate to see other people doing good things "
    • Dora S.
      "There are many diverse families in this area; this community has 5 parks with varying age appropriate equipment; this specific area consists of townhomes and duplexes next to a golf course. The town itself is located 9 miles from a university town; 30 minutes from Willard airport and an hour from Bloomington airport. "
    • Emmb217
      "we respect our neighbors privacy. we speak when we see each other outside.. we also keep our back and front porches clean. "
    • Wagon0307
      "I've lived here most of my life. It is a great community. It's only fifteen minutes from the University of Illinois. It's close to the VA as well. "
    • Bravelady4
      "Our neighboorhood doesn't do anything community wise. Everyone pretty much stays to themselves. The village as a whole does have a night out on the town that is family friendly. "
    • Shane M.
      "There’s nothing here. A lot of people move here from Chicago and bring crime. It use to be a good city till the jobs dried up and the base closed. Now there’s a slaughterhouse paying min wage with most the payroll on parole. "

    LGBTQ Local Legal Protections

    Atif Irfan, KELLER WILLIAMS-TREC
    Agent Phone: (217) 419-0195
    Based on information submitted to the MLS GRID as of 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Click here for more information
    950 Broadmeadow Rd, Rantoul, IL 61866 is a lot/land. This property is currently available for sale and was listed by MRED as distributed by MLS GRID on Apr 14, 2026. The MLS # for this home is MLS# 12618867.