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1201 E Grove Avenue, Rantoul, IL 61866

1201 E Grove Avenue, Rantoul, IL 61866
Exclusively offering for sale a long-established and thriving retail center in Rantoul, Illinois at 1201 - 1205 E Grove Avenue on the US Rt 136 corridor. Family owned since 1970, this three-tenant center, which is comprised of two buildings, has been anchored by a grocery store since built in 1970 and has been home to County Market, a regional grocery store chain, since 2010. Additionally, the location has been home to a pharmacy since 1986, originally being Hook Drugs and transitioning to CVS Pharmacy. The property includes two structures totaling 49,407 square feet situated on 3.55 acres with 350 parking spaces. County Market comprises over 38,000 square feet of the center with CVS an additional 8,900 SF of space. There is a 2,100 SF space available that was recently vacated by a local bank. This space can be accessed from the exterior of the building or within the grocery store. Additionally, there is an ATM lease in place creating additional income for the center. The center is shadow anchored by numerous national tenants including O'Reilly Auto Parts, Dollar Tree, ACE Hardware, and Family Dollar. With a strong tenant base and a history of steady income, this retail center offers an exceptional opportunity for investors seeking stable returns. Rantoul is located in Champaign County and home to over 13,000 residents and provides retail services to both the community and the surrounding small towns. It is also home to the recently completed Rantoul Family Sports Complex, a 60+ acre multi-sports complex which hosts sports tournaments throughout the year.
Sqft49407
Year Built1970

Porperty Highlights

  • Price $2,100,000
  • Property Size 49407 Sqft
  • Property ID 11920374
  • Property Status Closed
  • Year Built 1970
  • Garage Size x x
  • Property Type Shopping Center, Commercial Sale
  • Cooling Central Individual
  • County Champaign
  • Property Type Commercial Sale
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Property Features

Luxury Highlights

Luxurious amenities including infinity pools, home theaters, gourmet kitchens, smart home technology, and breathtaking views for an extraordinary lifestyle.

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Video Highlights

Luxurious amenities including infinity pools, home theaters, gourmet kitchens, smart home technology, and breathtaking views for an extraordinary lifestyle.

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Floor Plans

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Purchasing a property in these areas means investing in some of the most prestigious and sought-after locations, offering a unique blend of luxury, security, and high quality of life. These areas are known for their natural beauty, exclusive amenities, and strong property value retention.

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1201 E Grove Avenue, Rantoul, IL 61866

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