1316 Yakel St Rantoul, IL 61866
Estimated payment $383/month
About This Lot
HUGE PRICE REDUCTION This prime commercial corner parcel offers outstanding exposure just minutes from Champaign Urbana, making it an exceptional opportunity for a wide range of business or development uses. Spanning approximately 2.33 acres, the property sits along high-traffic Route 45 with the added advantage of a nearby traffic light, ensuring excellent visibility and accessibility. Positioned directly across from Rantoul Park District parks, the location benefits from consistent daily activity and strong surrounding presence. With access from two streets, the lot provides flexible entry points and could be easily divided into two separate parcels, adding even more potential for future development. Don't miss out on this great opportunity!
Listing Agent
KELLER WILLIAMS-TREC Brokerage Phone: (217) 356-6100 License #475138856 Listed on: 01/17/2026
Property Details
Property Type
- Land
Est. Annual Taxes
- $1,428
Schools
- Rantoul Elementary School
- Rantoul Junior High School
- Rantoul High School
Additional Features
- 2.33 Acre Lot
- No Utilities
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $1,238 | $13,780 | $13,780 | -- |
| 2023 | $1,238 | $12,290 | $12,290 | $0 |
| 2022 | $1,158 | $10,970 | $10,970 | $0 |
| 2021 | $1,109 | $10,240 | $10,240 | $0 |
| 2020 | $1,027 | $9,890 | $9,890 | $0 |
| 2019 | $985 | $9,500 | $9,500 | $0 |
| 2018 | $1,047 | $9,010 | $9,010 | $0 |
| 2017 | $1,051 | $8,760 | $8,760 | $0 |
| 2016 | $1,031 | $8,760 | $8,760 | $0 |
| 2015 | $1,025 | $8,760 | $8,760 | $0 |
| 2014 | $1,008 | $8,760 | $8,760 | $0 |
| 2013 | $1,003 | $8,960 | $8,960 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/16/2026 04/16/26 | Price Changed | $49,900 | -28.6% | -- |
| 03/12/2026 03/12/26 | Price Changed | $69,900 | -12.5% | -- |
| 01/17/2026 01/17/26 | For Sale | $79,900 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $420,000 | None Available | |
| Corporate Deed | $354,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,302,540 | Construction | |
| Previous Owner | $318,600 | Future Advance Clause Open End Mortgage |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12549726
APN: 20-09-10-421-003
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
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Ask me questions while you tour the home.