508 E Champaign Ave Rantoul, IL 61866
Estimated payment $1,028/month
Highlights
- Living Room
- Ceramic Tile Flooring
- Family Room
- Laundry Room
- Dining Room
- 3-minute walk to Wabash Park
About This Home
Looking to start a business? This incredible property sitting in a prime location on Rte 136 near shopping and restaurants is ready for you to let your imagination run wild. The 1500 sq ft main building offers amazing potential for whatever your heart desires while the back building features a three bedroom, 1.5 bath single family home. Make your dream come true with this fantastic property!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,842
Year Built
- Built in 1977
Lot Details
- Lot Dimensions are 90x160
Home Design
- Brick Exterior Construction
Interior Spaces
- 1,344 Sq Ft Home
- 2-Story Property
- Family Room
- Living Room
- Dining Room
- Laundry Room
Kitchen
- Range
- Dishwasher
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
Parking
- 2 Parking Spaces
- Parking Included in Price
Schools
- Rantoul Elementary School
- Rantoul Junior High School
- Rantoul Township High School
Utilities
- No Cooling
- Heating System Uses Natural Gas
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 | $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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/20/2025 10/20/25 | For Sale | $149,900 | 0.0% | $112 / Sq Ft |
| 10/04/2025 10/04/25 | Pending | -- | -- | -- |
| 10/01/2025 10/01/25 | Price Changed | $149,900 | -6.3% | $112 / Sq Ft |
| 05/12/2025 05/12/25 | Price Changed | $159,900 | -3.1% | $119 / Sq Ft |
| 03/13/2025 03/13/25 | Price Changed | $165,000 | -5.7% | $123 / Sq Ft |
| 12/13/2024 12/13/24 | For Sale | $175,000 | -- | $130 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| 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 |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $126,000 | Commercial |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12255698
APN: 20-09-02-176-004
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