101 Neal DrRantoul, IL 61866

For Sale
$149,900
Spacious theater, ample land, investment opportunity.

Overview

Added:
Feb 3
Days on market:
72
This exceptional commercial property, located at 101 W Neal Drive in Rantoul, Illinois, presents a unique investment opportunity. The property encompasses a substantial 12,699 square foot brick building, formerly a theater, complete with existing theater seating. This versatile space offers significant potential for a variety of commercial uses, allowing for creative adaptation to suit diverse business needs. The building's solid brick construction ensures durability and longevity. Beyond the main structure, the property includes a generous 3.4-acre lot, providing ample space for expansion, parking, or additional development. A significant portion of this land, 2.14 acres, lies north of the theater building, offering further flexibility and potential. The property's location on the former Chanute Air Force Base provides a rich history and potential access to a unique demographic. The asking price of $149,900 represents an attractive entry point for investors seeking a substantial property with significant upside potential. This is an exceptional opportunity to acquire a large, well-located commercial property at a competitive price. The existing infrastructure of the theater provides a solid foundation for a variety of commercial ventures. Don't miss this chance to capitalize on this promising investment.

Property Details for 101 Neal Dr

Property type
Commercial real estate
Year Built
1941
Lot Size (sq. ft)
148,104 SF

Location Insight

City
Rantoul
County
Champaign
State
Illinois
Latitude
40.3074
Longitude
-88.1537
101 Neal Dr, Rantoul, Illinois

FAQs

What type of property is this?
Commercial real estate - Spacious theater, ample land, investment opportunity.
Where is the commercial real estate located?
The property is located at 101 Neal Dr Rantoul, IL.
What is the asking price?
The asking price for this property is $149,900.
How can I contact the broker?
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101 Neal Dr
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