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$ 169,900
Est. payment | /mo
1,764 SqFt
$ 169,900
Est. payment | /mo
1,764 SqFt
Key Details
Property Type Commercial
Sub Type Retail/Stores
Listing Status Active
Purchase Type For Sale
Square Footage 1,764 sqft
Price per Sqft $96
MLS Listing ID 12655386
Year Built 1972
Annual Tax Amount $14,412
Tax Year 2025
Lot Dimensions 68x170
Property Sub-Type Retail/Stores
Property Description
Looking for a location to launch or expand your business? This approximately 1,775 sq ft freestanding commercial building on busy Century Blvd in Rantoul offers visibility, flexibility, and existing infrastructure that can help get a new business up and running faster. Previously operated as a Subway franchise restaurant, the building already includes many of the features owner-operators look for, including a drive-thru window and equipment, walk-in freezer, ice machine, commercial 3-bay sink, prep table, security cameras, LED menu boards, overhead lighting, and a newer grease trap. While the current layout reflects its former restaurant use, the space could adapt well to a variety of concepts including: Restaurant or cafe, Coffee or drive-thru beverage business, Carryout or quick-service operation, Office or service business, Retail storefront, Laundromat or specialty use. The property sits along Century Blvd / Route 45, one of Rantoul's primary commercial corridors, with IDOT traffic counts of 10-11k vehicles per day in the area. Additional nearby traffic from Route 136/Champaign Ave further supports visibility, while Interstate 57 access is located roughly one mile west for convenient regional access. Major exterior and roof improvements have already been completed, helping reduce upfront improvement costs for a new owner. The real estate tax assessment will be protested in July with the goal of reducing them to approximately $5500-6000/year. The location also benefits from ongoing commercial activity and reinvestment in Rantoul, including nearby national retailers, the Rantoul Family Sports Complex area, and continued public improvements throughout the community. Located in one of Champaign County's largest communities and just 20 minutes from Champaign-Urbana, this property offers a chance to establish your business in a visible, accessible location with strong daily traffic exposure. Whether you're opening your first location, relocating a growing business, or searching for a flexible commercial investment opportunity, this property offers a solid foundation with room to make it your own.
Location
State IL
County Champaign
Area Northern Champaign County / Ford County
Zoning COMMR
Interior
Cooling Central Air
Fireplace N
Building
Dwelling Type Retail/Stores
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Mark Waldhoff of KELLER WILLIAMS-TREC