NOT LISTED FOR SALE

420 S Murray Rd Rantoul, IL 61866

Rantoul Area

Estimated Value: $1,964,275

Studio
-- Baths
-- Sq Ft
1.92 Acre Lot

About This Home

This home is located at 420 S Murray Rd, Rantoul, IL 61866 and is currently priced at $1,964,275. 420 S Murray Rd is a home located in Champaign County with nearby schools including Broadmeadow Elementary School, J.W. Eater Junior High School, and Rantoul Township High School.

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Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
May 26, 2026
Sold by
Shree Raj Hospitality Llc
Bought by
Current Estimated Value
$1,964,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Outstanding Balance
$1,054,502
Interest Rate
7.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 2021
Sold by
Jai Bhole 7 Llc
Bought by
Shree Raj Hospitality Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,144,800
Interest Rate
2.98%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 6, 2020
Sold by
First Success Inc
Bought by
Jai Bhole 7 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,236,500
Interest Rate
3.7%
Mortgage Type
Small Business Administration

Purchase Details

Closed on
May 31, 2007
Sold by
Parsh K Inc
Bought by
First Success Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$835,000
Interest Rate
6.21%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 9, 2004
Sold by
Parsun Motel Inc
Bought by
Parsh K Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
6.75%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Rantoul, IL

  • Jake Patterson Real Estate Agent - Realty Select One

    Jake Patterson

    Realty Select One

    (217) 858-3002

    141 Total Sales

    1 in Rantoul

    $1,150,000 Price

    Jake Patterson
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  • Lindsay Prewitt Real Estate Agent - eXp Realty

    Lindsay Prewitt

    eXp Realty

    (309) 490-8455

    222 Total Sales

    1 in Rantoul

    $200,000 Price

    Lindsay Prewitt
     Section Image
  • Carol Meinhart Real Estate Agent - The Real Estate Group LLC

    Carol Meinhart

    Responds Quickly

    The Real Estate Group LLC

    (217) 858-4967

    768 Total Sales

    50 in Rantoul

    $25K - $245K Price Range

    Carol Meinhart
     Section Image
  • Barb Schwartz Real Estate Agent - Keller Williams Realty Atl. Partners

    Barb Schwartz

    Keller Williams Realty Atl. Partners

    (217) 794-6090

    90 Total Sales

    1 in Rantoul

    $180,000 Price

    Barb Schwartz
     Section Image
  • PJ Trautman Real Estate Agent - Trautman Real Estate Agency & Appraisal LLC

    PJ Trautman

    Trautman Real Estate Agency & Appraisal LLC

    (217) 858-4950

    167 Total Sales

    1 in Rantoul

    $450,000 Price

    PJ Trautman
     Section Image
  • Tony Piraino Real Estate Agent - Brinkoetter & Associates

    Tony Piraino

    Brinkoetter & Associates

    (855) 768-6562

    620 Total Sales

    4 in Rantoul

    $115K - $225K Price Range

    Tony Piraino
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,050,000 None Listed On Document
Shree Raj Hospitality Llc $1,431,000 None Listed On Document
Jai Bhole 7 Llc $1,450,000 Greater Illinois Title Co
First Success Inc $1,375,000 Ticor Title Insurance Co
Parsh K Inc $1,150,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,100,000
Closed Shree Raj Hospitality Llc $1,144,800
Previous Owner Jai Bhole 7 Llc $1,236,500
Previous Owner First Success Inc $835,000
Previous Owner Parsh K Inc $1,200,000
Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $37,458 $381,720 $18,700 $363,020
2024 $31,313 $347,650 $17,030 $330,620
2023 $31,313 $310,120 $15,190 $294,930
2022 $29,309 $276,890 $13,560 $263,330
2021 $28,082 $258,530 $12,660 $245,870
2020 $26,024 $249,790 $12,230 $237,560
2019 $24,956 $239,950 $11,750 $228,200
2018 $26,523 $227,660 $11,150 $216,510
2017 $26,631 $221,250 $10,840 $210,410
2016 $26,106 $221,250 $10,840 $210,410
2015 $25,971 $221,250 $10,840 $210,410
2014 $25,539 $221,250 $10,840 $210,410
2013 $25,393 $226,220 $11,080 $215,140
Source: Public Records

Map

Illinois Champaign County Rantoul 61866

420 S Murray Rd, Rantoul, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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