421 E Wabash Ave Rantoul, IL 61866
Estimated payment $645/month
Highlights
- Guest House
- Property is near a park
- Laundry Room
- Mature Trees
- Soaking Tub
- Bungalow
About This Home
Two Homes, One Great Location. Located in an ideal neighborhood close to schools, dining, banks, ball parks, and playgrounds, this unique two-for-one property offers an outstanding investment opportunity. The front home features two bedrooms and one full bathroom, encompassing 779 square feet of living space with a stucco exterior and an attached single-car garage. Inside, you'll find a refrigerator and range included, a cozy wood-burning fireplace in the living room (decorative only). The front home is currently leased on a month-to-month basis. Set at the rear of the property, the second home features two bedrooms and one full bathroom approx. 525 square feet. While it does not have a garage, it includes both a refrigerator and a range. Currently vacant, this home is ready for new tenants or could be repurposed for a variety of uses. Both homes have served reliably as rental properties for many years, making this an excellent opportunity for continued rental income or multi-generational living. Don't miss your chance to see this rare offering-call to schedule an appointment today, as this property is sure to sell quickly!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $865
Year Built
- Built in 1945 | Remodeled in 1995
Lot Details
- Lot Dimensions are 50 x 160
- Paved or Partially Paved Lot
- Mature Trees
Parking
- 1 Car Garage
- Parking Included in Price
Home Design
- Bungalow
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 779 Sq Ft Home
- 1-Story Property
- Wood Burning Fireplace
- Family Room
- Living Room with Fireplace
- Dining Room
- Unfinished Attic
- Storm Doors
- Range
- Laundry Room
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- Bathroom on Main Level
- 1 Full Bathroom
- Soaking Tub
Schools
- Rantoul Elementary School
- J.W. Eater Junior High School
- Rantoul High School
Utilities
- No Cooling
- Heating System Uses Natural Gas
Additional Features
- Guest House
- Property is near a park
Community Details
- Samuel Smith's Subdivision, Bungalow Floorplan
- No Laundry Facilities
Listing and Financial Details
- Homeowner Tax Exemptions
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 | $797 | $15,120 | $5,040 | $10,080 |
| 2023 | $797 | $13,490 | $4,500 | $8,990 |
| 2022 | $835 | $12,050 | $4,020 | $8,030 |
| 2021 | $857 | $11,250 | $3,750 | $7,500 |
| 2020 | $822 | $10,870 | $3,620 | $7,250 |
| 2019 | $820 | $10,440 | $3,480 | $6,960 |
| 2018 | $1,150 | $9,900 | $3,300 | $6,600 |
| 2017 | $949 | $8,210 | $3,280 | $4,930 |
| 2016 | $931 | $8,210 | $3,280 | $4,930 |
| 2015 | $926 | $8,210 | $3,280 | $4,930 |
| 2014 | $945 | $8,210 | $3,280 | $4,930 |
| 2013 | $939 | $8,390 | $3,350 | $5,040 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/24/2025 10/24/25 | Price Changed | $109,000 | -8.4% | $140 / Sq Ft |
| 07/18/2025 07/18/25 | For Sale | $119,000 | -- | $153 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12423847
APN: 20-09-02-152-014
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