506 E Champaign Ave, Rantoul, IL 61866
Property image
Property image
OFF MARKET

$72,100

Trulia Estimate
  • Studio

506 E Champaign Ave, Rantoul, IL 61866

Refinance Your Home
Currently Off Market - Sold Dec 29, 2021 for $48,000

Home Value

Trulia Estimate
$72.1K
Since last month
Increased$7K (+10.1%)
Since last year
Decreased$11K (-12.7%)
Since last sale
Increased$24K (+50.2%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value decreased by -20% in the last 10 years
MonthEstimated value
2026
August 2026$72K
August 2026$72K
July 2026$66K
June 2026$74K
May 2026$72K
April 2026$77K
March 2026$76K
February 2026$71K
January 2026$67K
2025
2024
2023
2021
2020

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
421 E Wabash Ave, Rantoul, IL
0.06
Single-Family Home
$92,500
03/02/26
2
1
779
425 S Lincoln St, Rantoul, IL
0.25
Single-Family Home
$40,000
10/23/25
2
1
1,017
508 E Champaign Ave, Rantoul, IL
0.01
Single-Family Home
$140,000
02/13/26
3
1.5
1,416
617 E Wabash Ave, Rantoul, IL
0.12
Single-Family Home
$129,900
06/18/26
3
1
990
420 E Congress Ave, Rantoul, IL
0.10
Single-Family Home
$129,000
07/06/26
3
1.5
1,100
409 E Congress Ave, Rantoul, IL
0.16
Single-Family Home
$180,000
05/05/26
3
2
1,415
321 Illinois Dr, Rantoul, IL
0.45
Single-Family Home
$70,200
02/02/26
3
1
1,164
120 N Fredrick St, Rantoul, IL
0.26
Single-Family Home
$187,000
10/06/25
3
2
1,400
212 W Bodwell Ave, Rantoul, IL
0.55
Single-Family Home
$70,000
07/23/26
2
1
820
925 E Sangamon Ave, Rantoul, IL
0.41
Single-Family Home
$132,000
09/30/25
3
1
964

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
508 E Champaign Ave, Rantoul, IL 61866
0.01
$140,000
3
1.5
1,416
Recently Sold
421 E Wabash Ave, Rantoul, IL 61866
0.06
$92,500
2
1
779
Recently Sold
413 E Wabash Ave, Rantoul, IL 61866
0.08
$124,900
2
1
840
Off Market
420 E Congress Ave, Rantoul, IL 61866
0.10
$129,000
3
1.5
1,100
Recently Sold
3200 County Rd N, Rantoul, IL 61866
0.09
-
-
-
-
Off Market
401 E Wabash Ave, Rantoul, IL 61866
0.11
$107,800
2
1
949
Off Market
617 E Wabash Ave, Rantoul, IL 61866
0.12
$129,900
3
1
990
Recently Sold
409 E Congress Ave, Rantoul, IL 61866
0.16
$180,000
3
2
1,415
Recently Sold
321 S Lincoln St, Rantoul, IL 61866
0.18
$71,300
1
1
440
Off Market
325 E Congress Ave, Rantoul, IL 61866
0.20
$189,000
5
2.5
1,735
Off Market
313 E Congress Ave, Rantoul, IL 61866
0.22
$161,700
4
1.5
2,730
Off Market
401 S Century Blvd, Rantoul, IL 61866
0.21
-
-
-
-
Off Market

Local Information

  • Map ViewExplore the area around 506 E Champaign Ave.
  • Schools2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1940

About this House

Currently used as an insurance office. Classic two story structure has 6 offices, a conference room and reception area. Currently zoned C-2 General Commercial and is in the Rantoul TIFF District with 8-10 paved parking spaces. Quick possession is possible.
506 E Champaign Ave, Rantoul, IL 61866 is a studio single-family home built in 1940. It last sold for $48,000 on Dec 29, 2021. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $72,100, with a rent estimate of $1,400/month.

Home Details for 506 E Champaign Ave

Property Information

Year Built
Year Built: 1940
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 9583 sqft

Price and Tax history

DateEventPrice
Dec 29, 2021
Source: N/A
Sold
$48,000
May 4, 2020
Source: Agent Provided
ListingRemoved
$99,000
Apr 28, 2020
Source: Agent Provided
Listed For Sale
$99,000

Market trends in Rantoul

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
24

Around this home

What Locals Say about Rantoul

At least 81 Trulia users voted on each feature.

  • 93 % Say parking is easy

  • 83 % Say kids play outside

  • 81 % Say yards are well-kept

  • 79 % Say car is needed

  • 78 % Say it's dog friendly

  • 72 % Say there's holiday spirit

  • 59 % Say there are sidewalks

  • 55 % Say neighbors are friendly

  • 53 % Say people would walk alone at night

  • 53 % Say streets are well-lit

  • 51 % Say it's quiet

  • 46 % Say they plan to stay for at least 5 years

  • 44 % Say there's wildlife

  • 42 % Say it's walkable to grocery stores

  • 33 % Say it's walkable to restaurants

  • 24 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Melina Thompson
    "My commute to work is 3 minutes in a car, 10 minutes on foot. Everything in Rantoul is close by and there is no real downtown."
    0
    Flag
  • Benfocus S.
    "yes I do have access to public transportation. and all I have to do is call and they'll be there to pick me up on time."
    2
    Flag
  • Michael S.
    "Historic district at the former Chanute Air Force Base as a quiet and charming neighborhood. close access to walking and bike trails and parks."
    2
    Flag
  • Ray E. J.
    "I hate it here very weird and very much hateful. This town hate to see other people doing good things "
    4
    Flag
  • Dora S.
    "There are many diverse families in this area; this community has 5 parks with varying age appropriate equipment; this specific area consists of townhomes and duplexes next to a golf course. The town itself is located 9 miles from a university town; 30 minutes from Willard airport and an hour from Bloomington airport. "
    0
    Flag
  • Emmb217
    "we respect our neighbors privacy. we speak when we see each other outside.. we also keep our back and front porches clean. "
    1
    Flag
  • Wagon0307
    "I've lived here most of my life. It is a great community. It's only fifteen minutes from the University of Illinois. It's close to the VA as well. "
    1
    Flag
  • Bravelady4
    "Our neighboorhood doesn't do anything community wise. Everyone pretty much stays to themselves. The village as a whole does have a night out on the town that is family friendly. "
    2
    Flag
  • Shane M.
    "There’s nothing here. A lot of people move here from Chicago and bring crime. It use to be a good city till the jobs dried up and the base closed. Now there’s a slaughterhouse paying min wage with most the payroll on parole. "
    5
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 506 E Champaign Ave

  • What is 506 E Champaign Ave estimated to be worth?
    Trulia's estimated value for 506 E Champaign Ave in Rantoul, IL is $72,100.
  • What is the price history for 506 E Champaign Ave?
    506 E Champaign Ave in Rantoul, IL last sold for $48,000 in December 2021.
  • Is Rantoul a buyer's or seller's market?
    Rantoul is currently a balanced market, based on recent for-sale activity.
  • What do residents say about Rantoul?
    Residents describe Rantoul, IL as easy to park in, well-kept, and dog-friendly. Most residents say you need a car. See recently sold homes in Rantoul, IL.
  • How big is the lot at 506 E Champaign Ave?
    The lot at 506 E Champaign Ave in Rantoul, IL is about 0.22 acres (9,583 sq ft).

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