508 E  Champaign Ave, Rantoul, IL 61866
Property image
Property image
SOLD
FEB 13, 2026

$140,000

Last sold price
  • 3 Beds
  • 1.5 Baths
  • 1,416 sqft (on 0.33 acres)

508 E Champaign Ave, Rantoul, IL 61866

Est. Refi. Payment $1,079/mo*
Refinance Your Home
Currently Off Market - Sold Feb 13, 2026 for $140,000 (7% below list price)

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

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
0.16
Single-Family Home
$180,000
05/05/26
3
2
1,415
0.11
Single-Family Home
$129,000
07/06/26
3
1.5
1,100
0.26
Single-Family Home
$187,000
10/06/25
3
2
1,400
0.11
Single-Family Home
$129,900
06/18/26
3
1
990
0.53
Single-Family Home
$161,200
05/04/26
3
1
1,507
0.40
Single-Family Home
$132,000
09/30/25
3
1
964
0.34
Single-Family Home
$157,000
08/27/26
4
1.5
1,604
0.08
Single-Family Home
$92,500
03/02/26
2
1
779
0.43
Single-Family Home
$187,900
12/12/25
6
2
1,488

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
0.08
$92,500
2
1
779
Recently Sold
0.09
$124,900
2
1
840
Off Market
0.11
$129,000
3
1.5
1,100
Recently Sold
0.10
-
-
-
-
Off Market
0.12
$107,100
2
1
949
Off Market
0.11
$129,900
3
1
990
Recently Sold
0.16
$180,000
3
2
1,415
Recently Sold
0.17
$70,700
1
1
440
Off Market
0.21
$205,400
5
2.5
1,735
Off Market
0.23
$156,100
4
1.5
2,730
Off Market
0.22
-
-
-
-
Off Market

Local Information

  • Map ViewExplore the area around 508 E Champaign Ave.
  • Schools2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1977
0.33 acre lot
1,416 sqft
$99/sqft
12 Parking Spaces

About this House

Rare 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.
508 E Champaign Ave, Rantoul, IL 61866 is a 3 bedroom, 2 bathroom, 1,416 sqft single-family home built in 1977. It last sold for $140,000 on Feb 13, 2026 (7% below the $149,990 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate rent is $1,505/month.
Last check for updates: about 17 hours ago
Listed by Nate Evans, (217) 239-7113
eXp Realty-Mahomet
Josh Hinkle, (217) 840-4375
eXp Realty-Mahomet
Bought with: Russell Taylor, ABR,CRB,CRS,GRI,SRES, (217) 898-7226, Taylor Realty Associates
Source: MRED as distributed by MLS GRID, MLS#12545121

Home Details for 508 E Champaign Ave

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: NoneNumber of Rooms: 8Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Dining Room, Family Room, Foyer, Kitchen, Laundry, Living Room, Work Room
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 1416 Square Feet
Heating & Cooling
Heating: Natural GasNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Natural Gas
Levels, Entrance, & Accessibility
Stories: 2Accessibility: No Disability Access
View
No View

Exterior Features

Parking & Garage
No Attached GarageParking Spaces: 12Parking: Yes,Owned
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Property Information

Year Built
Year Built: 1977
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Construction Materials: BlockNot a New Construction
Property Information
Parcel Number: 200902176004

Price & Status

Price
List Price: $149,990Price Per Sqft: $99/sqft
Status Change & Dates
Off Market Date: Thu Jan 15 2026Possession Timing: Close Of Escrow

Location

Direction & Address
City: Rantoul
School Information
Elementary School District: 193Jr High / Middle School District: 193High School District: 137

Agent Information

Buyer Agent
Buyer Company Name: The Russ Taylor Team

Building

Building Area
Building Area: 1416 Square Feet

HOA

HOA Fee Includes: None

Lot Information

Lot Area: 0.33 acres

Listing Info

Special Conditions: None

Offer

Listing Terms: Cash

Business

Business Information
Ownership: Fee Simple

Miscellaneous

Mls Number: 12545121Attribution Contact: (217) 239-7113Activation Date: Wed Feb 18 2026

Additional Information

Source Internet Automated Valuation DisplaySource Internet Consumer CommentMRD SHARE WITH CLIENTS: YesSource Internet Entire Listing DisplayMRD Listing On IDX Display: YesSource Internet Address DisplayMRD REMARKSINTERNET: Yes

Price and Tax history

DateEventPrice
Feb 13, 2026
Source: MRED as distributed by MLS GRID #12545121
Sold
$140,000
Oct 20, 2025
Source: MRED as distributed by MLS GRID #12255698
PendingToActive
$149,900
Oct 6, 2025
Source: MRED as distributed by MLS GRID #12255698
Contingent
$149,900
Oct 1, 2025
Source: MRED as distributed by MLS GRID #12255698
PriceChange
$149,900
Price decreased by 6%
May 12, 2025
Source: MRED as distributed by MLS GRID #12255698
PriceChange
$159,900
Price decreased by 3%

Market trends in Rantoul

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
โ€”
Sale-to-List Price
โ€”
Price per sq ft
โ€”
Available listings
26
2
MoM

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."
  • 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."
  • 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."
  • Ray E. J.
    "I hate it here very weird and very much hateful. This town hate to see other people doing good things "
  • 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. "
  • Emmb217
    "we respect our neighbors privacy. we speak when we see each other outside.. we also keep our back and front porches clean. "
  • 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. "
  • 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. "
  • Shane M.
    "Thereโ€™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 thereโ€™s a slaughterhouse paying min wage with most the payroll on parole. "

LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026. 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. Click here for more information

Frequently asked questions about 508 E Champaign Ave

  • What is the price history for 508 E Champaign Ave?
    508 E Champaign Ave in Rantoul, IL last sold for $140,000 in February 2026.
  • 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.
  • What are the closest schools to 508 E Champaign Ave?
    The closest schools to 508 E Champaign Ave in Rantoul, IL are Broadmeadow Elementary School (rated 3/10), J W Eater Jr High School (rated 5/10), Pleasant Acres Elementary School (rated 3/10).
  • Does 508 E Champaign Ave have laundry facilities?
    Yes, 508 E Champaign Ave in Rantoul, IL has laundry facilities.
  • How big is the lot at 508 E Champaign Ave?
    The lot at 508 E Champaign Ave in Rantoul, IL is about 0.33 acres (14,400 sq ft).

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