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333 S Century Boulevard Rantoul, IL 61866 Commercial - Retail Pending

Pending
  • 333 S Century Boulevard, Rantoul, IL 61866 Main Photo

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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.

Property Highlights

Property Type: Commercial - Retail
Building Description: 1.0 stories
Year Built: 1972

General Information

County: Champaign
Listed By:
KELLER WILLIAMS-TREC 217-356-6100
MRED MLS
$169,900
Est. $1,162/mo
Pending
SQUARE FEET1,764 MLS#12655386
STATUSPending PROPERTY TYPECommercial - Retail

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333 S Century Boulevard, Rantoul, IL 61866.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $169,900$169,900$169,900
Down Payment $33,980$5,947$42,475
Monthly Mortgage Amount $826$1,014$1,050
Taxes $236$236$236
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$75$0
Monthly Estimated Total $1,162$1,425$1,386

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