Seller's Agent in 2026
Nate Evans
eXp Realty-Mahomet
(217) 493-9297
70 in this area
1,863 Total Sales
508 E Champaign Ave Rantoul, IL 61866
3
Beds
1.5
Baths
1,416
Sq Ft
1977
Built
Highlights
- Workshop
- Laundry Room
- Utility Room with Study Area
- Living Room
- Entrance Foyer
- 3-minute walk to Wabash Park
About This Home
As of February 2026Rare opportunity featuring two separate buildings on one C2 commercially-zoned lot along Route 136. The front building offers 1,500 square feet of concrete block construction with drive thru option. Front building has 3-phase 200-amp electrical service, previously used as a woodworking shop. The back building is a 2-story updated residential home with some great features throughout. Both buildings feature lifetime silicone roofs and concrete block construction built to last. Perfect for live-work setups, dual rental income, contractors needing shop space, small business owners, or investors. High-traffic location with excellent visibility and quick I-57 access. At $149,990 you get two buildings on commercial land for less than most single homes in the area. Both buildings sold AS-IS. Open to seller financing with the right deal.
Last Agent to Sell the Property
eXp Realty-Mahomet Brokerage Phone: (217) 239-7113 License #475124281 Listed on: 01/15/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,070
Year Built
- Built in 1977
Lot Details
- Lot Dimensions are 90 x 160
Interior Spaces
- 1,416 Sq Ft Home
- 2-Story Property
- Entrance Foyer
- Family Room
- Living Room
- Dining Room
- Workshop
- Utility Room with Study Area
- Laundry Room
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
Parking
- 12 Parking Spaces
- Parking Available
Utilities
- No Cooling
- Heating System Uses Natural Gas
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 15, 2026
Closed on
Feb 4, 2026
Sold by
Borneman Steve
Bought by
D Allen Enterprises Llc
Seller's Agent
Nate Evans
eXp Realty-Mahomet
Buyer's Agent
Russ Taylor
Taylor Realty Associates
Sold Price
$140,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
375.48%
Purchase Details
Closed on
Feb 1, 2017
Sold by
Princeton Commercial S Holdings Llc
Bought by
Borneman Steve
Purchase Details
Closed on
Jan 24, 2017
Sold by
Princeton Commercial S Holdings Llc
Bought by
Borneman Steve
Purchase Details
Closed on
Dec 14, 2015
Sold by
Bayview Loan Servicing Llc
Bought by
Princeton Commercial S Holdings Llc
Purchase Details
Closed on
Jan 19, 2006
Sold by
Patel R R
Bought by
Patel Ramanbhai I and Patel Kamala
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
5.98%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 7, 2005
Sold by
Bergman Errol
Bought by
Patel Rupam and Patel Raman Bhai
Purchase Details
Closed on
Apr 1, 2004
Sold by
Bergman Errol
Bought by
Patel R R
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $140,000 | None Listed On Document | |
| Special Warranty Deed | $25,000 | None Available | |
| Special Warranty Deed | $25,000 | None Available | |
| Quit Claim Deed | -- | Attorney | |
| Quit Claim Deed | -- | Law Title Insurance | |
| Warranty Deed | $100,000 | Allied Title Services | |
| Warranty Deed | $100,000 | Allied Title Services |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $126,000 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/13/2026 02/13/26 | Sold | $140,000 | -- | $99 / Sq Ft |
| 01/15/2026 01/15/26 | Pending | -- | -- | -- |
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 |
|---|---|---|---|---|
| 2024 | $2,842 | $38,360 | $10,820 | $27,540 |
| 2023 | $2,842 | $34,220 | $9,650 | $24,570 |
| 2022 | $2,593 | $30,560 | $8,620 | $21,940 |
| 2021 | $2,442 | $28,540 | $8,050 | $20,490 |
| 2020 | $2,242 | $27,580 | $7,780 | $19,800 |
| 2019 | $2,125 | $26,490 | $7,470 | $19,020 |
| 2018 | $2,223 | $25,140 | $7,090 | $18,050 |
| 2017 | $2,932 | $24,430 | $6,890 | $17,540 |
| 2016 | $2,874 | $24,430 | $6,890 | $17,540 |
| 2015 | $2,859 | $24,430 | $6,890 | $17,540 |
| 2014 | $2,812 | $24,430 | $6,890 | $17,540 |
| 2013 | $2,794 | $24,970 | $7,040 | $17,930 |
Source: Public Records
Agents Affiliated with this Home
-
Nate Evans
-
Josh Hinkle
J
Seller Co-Listing Agent in 2026
Josh Hinkle
eXp Realty-Mahomet
(217) 840-4375
8 in this area
64 Total Sales
-
Russ Taylor
Buyer's Agent in 2026
Russ Taylor
Taylor Realty Associates
(217) 898-7226
13 in this area
508 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12545121
APN: 20-09-02-176-004
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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.
Based on information submitted to the MLS GRID
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