1356 County Road 2900 N - Specialty FOR SALE


Rantoul, IL 61866
$2,240,000 USD
815-780-7952
1356 County Road 2900 N, Rantoul, IL for Sale
$2,240,000 USD
Specialty - FOR SALE
1/144
null | Request Cap Rate

1356 County Road 2900 N
Rantoul, IL 61866


HIGHLIGHTS

  • Sale includes Business, Property, and Additional Acreage
  • Over 60,000 visitors per year
  • 7.13% CAP rate

OVERVIEW

Welcome to Hardy's Reindeer Ranch where the North Pole meets the Wild (Mid) West. This is an extraordinary investment opportunity to own and operate one of Central Illinois' most beloved tourist attractions and banquet centers. Located on 58.8 acres of prime farmland, just north of the University of Illinois, in the Village of Rantoul, this property hosts over 60,000 visitors annually who come to experience the Christmas magic and fun activities the Reindeer Ranch has to offer. This property includes a 130 seat fully equipped (3,456 sf) banquet hall with service kitchen, custom built (1,987 sf) timber frame gift shop, Amish built (2,240 sf) livestock barn/shed/workshop, (1,171 sf) pole barn, fenced pasture, parking and corn maze. The 3-bedroom (2,200 sf) farmhouse with attached garage was built from reclaimed hardwood and features an open concept and oversized 2 car garage. Sale includes land, buildings, all equipment, tools, tractors, reindeer herd and all inventory, as well as proprietary information including vendors, motorcoach tour accounts, website and social media accounts. For the past 30 years Hardy's Reindeer Ranch has been a seasonal destination for visitors and Motorcoach tours from near and far. The Ranch offers fall and holiday experiences for the whole family including an up close "kiss" and introduction to the herd of 20 real Alaskan reindeer, 10-acre Corn Maze, pumpkins, hayrides, Christmas trees, pedal race carts, and paintball gallery. Guests gather and warm up around the potbellied stove in the gift shop and stay for lunch at the Klondike cafe. Throughout the year, the farm hosts a variety of group entertainment packages and private events, including family reunions, school groups, weddings and company retreats. This property lies within 2 miles from the I-57 corridor, 2 hours from the city of Chicago and within 25 minutes of the University of Illinois Campus. This outstanding agritourism opportunity provides the infrastructure and potential to step right in to a well-established business model or bring your agricultural venture or vision to life. The desirable soil on the farmed 30 acres of property is cash rented adding additional income streams to this investment.

FOR SALE DETAILS

PRICE

$2,240,000 USD

PRICE/SF

$203 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Reindeer Ranch

PROPERTY TYPE

Specialty

ADD'L SUBTYPES

Trailer/Camper Park, Winery/Vineyard

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1992

SPRINKLERS

-

PARKING SPACES

100

LAND DETAILS

LAND ACRES

58.8 AC

LAND SF

2,561,328 SF

ZONING

AG-1 & AG-2

APN/PARCEL ID

20-09-05-400-010,20-09-05-400-013,20-09-05-400-014

ASK ABOUT THIS PROPERTY

Leah EricksonColdwell Banker Commercial Real Estate GroupMore Info
815-780-7952

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Leah EricksonColdwell Banker Commercial Real Estate GroupMore Info
815-780-7952

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.