Todd Salen
KELLER WILLIAMS-TREC
(217) 858-2707
36 Total Sales
2 in Rantoul
$77K - $193K Price Range
508 E Champaign Ave Rantoul, IL 61866
Rantoul AreaEstimated Value: $144,568
3
Beds
1.5
Baths
1,416
Sq Ft
$102/Sq Ft
Est. Value
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
Nate Evans Group Brokerage Phone: (217) 239-7113 License #475124281 Listed on: 01/15/2026
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
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
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
Listed on
Jan 15, 2026
Closed on
Feb 4, 2026
Sold by
Bought by
Seller's Agent
Nate Evans
Nate Evans Group
Buyer's Agent
Russ Taylor
Taylor Realty Associates
Sold Price
$140,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,568
Avg. Annual Appreciation
7.07%
Purchase Details
Closed on
Jan 24, 2017
Sold by
Bought by
Purchase Details
Closed on
Dec 14, 2015
Sold by
Bought by
Purchase Details
Closed on
Jan 19, 2006
Sold by
Bought by
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
Bought by
Purchase Details
Closed on
Apr 1, 2004
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Rantoul, IL
-
Todd Salen
-
Carol Meinhart
Carol Meinhart
Responds QuicklyThe Real Estate Group LLC
(217) 858-4967
775 Total Sales
49 in Rantoul
$25K - $212K Price Range
-
Laura Heiser
Laura Heiser
The Real Estate Group,Inc
(217) 858-3171
208 Total Sales
16 in Rantoul
$37K - $194K Price Range
-
Barb Schwartz
Barb Schwartz
Keller Williams Realty Atl. Partners
(217) 794-6090
88 Total Sales
1 in Rantoul
$180,000 Price
-
PJ Trautman
PJ Trautman
Trautman Real Estate Agency & Appraisal LLC
(217) 858-4950
169 Total Sales
1 in Rantoul
$450,000 Price
-
The Key Team .
The Key Team .
Brinkoetter & Associates
(855) 768-6562
632 Total Sales
4 in Rantoul
$115K - $225K Price Range
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 |
|---|---|---|---|
| $140,000 | None Listed On Document | ||
| $25,000 | None Available | ||
| -- | Attorney | ||
| -- | Law Title Insurance | ||
| $100,000 | Allied Title Services | ||
| $100,000 | Allied Title Services |
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 |
|---|---|---|---|
| Previous Owner | $126,000 |
Source: Public Records
Property 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 | 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
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 | $3,537 | $42,120 | $11,880 | $30,240 |
| 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
Seller's Agent in 2026
Nate Evans
Nate Evans Group
(217) 493-9297
1,880 Total Sales
-
Josh Hinkle
J
Seller Co-Listing Agent in 2026
Josh Hinkle
Nate Evans Group
(217) 840-4375
65 Total Sales
-
Russ Taylor
Buyer's Agent in 2026
Russ Taylor
Taylor Realty Associates
(217) 898-7226
450 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12545121
APN: 20-09-02-176-004
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.
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.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
Nearby Homes
- 801 E Sangamon Ave
- 400 S Garrard St
- 640 Penfield St N
- 130 Evans Rd
- 1 Charles Dr
- 209 E Belle Ave
- 325 E Campbell Ave
- 1337 Fairlawn Dr
- 353 Highland Dr
- 626 W Champaign Ave
- 1353 Fairlawn Dr
- 1357 Fairlawn Dr
- 405 Neipswah Ave
- 520 S Maplewood Dr
- 532 Neipswah Ave
- 528 Neipswah Ave
- 814 Pinecrest Dr
- 1165 Clark St
- 1081 Eastview Dr
- 1014 Illinois Dr
- 522 E Champaign Ave
- 506 E Champaign Ave
- 305 S Fredrick St
- 509 E Wabash Ave
- 517 E Wabash Ave
- 505 E Wabash Ave
- 521 E Wabash Ave
- 521 E Wabash Ave Unit 1
- 513 E Wabash Ave
- 501 E Wabash Ave
- 525 E Wabash Ave
- 529 E Wabash Ave
- 310 S Fredrick St
- 533 E Wabash Ave
- 424 E Champaign Ave
- 429 E Wabash Ave
- 200 Fredrick St
- 537 E Wabash Ave
- 600 E Champaign Ave
- 425 E Wabash Ave
Your Personal Tour Guide
Ask me questions while you tour the home.