$10,000
SOLD OCT 3, 2025

112 E Champaign Ave Rantoul, IL 61866

0.41 Acres
$24,390 Price per Acre
17,860 Sq Ft Lot

Recently Sold

50% Below List Price

107 Days on Market

About This Lot

As of October 2025

Commercial land ready for development in Rantoul for a business or build rental property - duplex, triplex fourplex, apartments, etc! Just under half an acre located on Route 136 with excellent visibility and proximity to the interstate and downtown Rantoul. Perfect for business development or develop into mixed use commercial/apartments and rent out. Engineering for a site plan, utilities and storm water management already done!

Last Agent to Sell the Property

Mark Panno

KELLER WILLIAMS-TREC Brokerage Phone: (217) 356-6100 License #475164947 Listed on: 06/11/2025

KELLER WILLIAMS-TREC

Last Buyer's Agent

Mark Panno

KELLER WILLIAMS-TREC Brokerage Phone: (217) 356-6100 License #475164947 Listed on: 06/11/2025

KELLER WILLIAMS-TREC

Property Details

Property Type

  • Land

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 121 x 150
  • Property fronts a state road
  • Property is zoned COMMR

Home Design

  • Mixed Use

Schools

  • Rantoul Elementary School
  • Rantoul Junior High School
  • Rantoul High School

Community Details

  • F.D. Scotts Subdivision

Property Details

Property Type

Land

Lot Details

0.41 Acres

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Other
  • Road Surface Type: Asphalt, Concrete
  • Subdivision Name: F.D. Scotts
  • General Information: Interstate Access
  • Legal Description: LOTS 4, PT 5 BLOCK 2 SCOTT'S, F.D., ADD LOT 3 BLOCK 2 SCOTT'S, F.D., ADD
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Attribution Contact: (217) 356-6100
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement: None
  • Possible Use: Commercial
  • Basement Bathrooms: No

Exterior Features

  • Frontage Type: State Road
  • Waterfront: No
  • Rail Availability: None

Utilities

  • Sewer: Storm Sewer
  • Utilities: Electricity Available, Natural Gas Available, Sewer Connected, Water Available
  • Water Source: Municipal Water

Schools

  • Elementary School: Rantoul Elementary School
  • High School: Rantoul High School
  • Middle/Junior School: Rantoul Junior High School

Lot Info

  • Lot Size Acres: 0.41
  • Lot Dimensions: 121 X 150
  • Zoning: COMMR
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N
  • Land Amenities: Sidewalks
  • Land Description: Cleared,Level

Rental Info

  • Board Number: 22
  • Rental Price: 0

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 974.3
  • Tax Year: 2024
  • Tax Exemptions: None
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/03/2025 10/03/25 Sold $10,000 -49.7% --
09/26/2025 09/26/25 Pending -- -- --
06/11/2025 06/11/25 For Sale $19,900 +99.0% --
06/18/2022 06/18/22 Sold $10,000 -33.3% -- View Prior Sale
03/29/2022 03/29/22 Pending -- -- --
06/29/2018 06/29/18 For Sale $15,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2021 $414 $3,820 $3,820 $0
2020 $383 $3,690 $3,690 $0
2019 $367 $3,540 $3,540 $0
2018 $390 $3,360 $3,360 $0
2017 $386 $3,260 $3,260 $0
2016 $384 $3,260 $3,260 $0
2015 $382 $3,260 $3,260 $0
2014 $375 $3,260 $3,260 $0
2013 $373 $3,330 $3,330 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12390184

Midwest Real Estate Data (MRED)

APN: 20-09-03-277-003

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