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

508 E Champaign Ave
Rantoul, IL 61866

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

$140,000

Last Sold: Feb 13, 2026
7% below list $150K
$99/sqft
Est. Refi. Payment $1,010/mo*
Refinance Your Home

$140,000

Last Sold: Feb 13, 2026
7% below list $150K
$99/sqft
Est. Refi. Payment $1,010/mo*
Refinance Your Home
3 Beds
1.5 Baths
1,416 sqft
(on 0.33 acres)

Homes for sale near 508 E Champaign Ave

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Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

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.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from February 18, 2026

Home Highlights

Parking
12 Parking Spaces
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$99/sqft
Listed
79 days ago

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

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

MRD SHARE WITH CLIENTS: YesMRD Listing On IDX Display: YesMRD REMARKSINTERNET: Yes
Last check for updates: about 11 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

Price History for 508 E Champaign Ave

DatePriceEventSource
02/13/2026$140,000Sold
MRED as distributed by MLS GRID #12545121
10/20/2025$149,900PendingToActiveMRED as distributed by MLS GRID #12255698
10/06/2025$149,900ContingentMRED as distributed by MLS GRID #12255698
10/01/2025$149,900PriceChange
MRED as distributed by MLS GRID #12255698
05/12/2025$159,900PriceChange
MRED as distributed by MLS GRID #12255698
03/13/2025$165,000PriceChange
MRED as distributed by MLS GRID #12255698
12/13/2024$175,000Listed For SaleMRED as distributed by MLS GRID #12255698
02/01/2017$25,000Sold
N/A
10/04/2005$100,000Sold
N/A
04/12/2004$100,000Sold
N/A
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Property Tax and Assessment

Year2024
Tax$3,070
Assessment$115,080
Home facts updated by county records

Comparable Sales for 508 E Champaign Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
409 E Congress Ave, Rantoul, IL
0.16
Single-Family Home
$180,000
05/05/26
3
2
1,415
120 N Fredrick St, Rantoul, IL
0.26
Single-Family Home
$187,000
10/06/25
3
2
1,400
327 E Belle Ave, Rantoul, IL
0.42
Single-Family Home
$165,000
06/05/25
3
1.5
1,398
308 Illinois Dr, Rantoul, IL
0.53
Single-Family Home
$161,200
05/04/26
3
1
1,507
925 E Sangamon Ave, Rantoul, IL
0.40
Single-Family Home
$132,000
09/30/25
3
1
964
421 E Wabash Ave, Rantoul, IL
0.08
Single-Family Home
$92,500
03/02/26
2
1
779
314 E Sangamon Ave, Rantoul, IL
0.24
Single-Family Home
$175,000
06/30/25
4
2
2,459
340 Illinois Dr, Rantoul, IL
0.43
Single-Family Home
$187,900
12/12/25
6
2
1,488
401 E Wabash Ave, Rantoul, IL
0.12
Single-Family Home
$106,000
07/15/25
2
1
949

Assigned Schools

These are the assigned schools for 508 E Champaign Ave.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Rantoul

At least 80 Trulia users voted on each feature.

  • 93 % Say parking is easy

  • 83 % Say kids play outside

  • 81 % Say yards are well-kept

  • 80 % Say it's dog friendly

  • 79 % Say car is needed

  • 71 % Say there's holiday spirit

  • 60 % Say there are sidewalks

  • 55 % Say neighbors are friendly

  • 53 % Say streets are well-lit

  • 52 % Say people would walk alone at night

  • 50 % Say it's quiet

  • 47 % Say they plan to stay for at least 5 years

  • 44 % Say there's wildlife

  • 41 % Say it's walkable to grocery stores

  • 33 % Say it's walkable to restaurants

  • 24 % Say there are community events

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

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

Homes for rent near 508 E Champaign Ave

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Off Market Homes Near 508 E Champaign Ave

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Explore by feature

508 E Champaign Ave, Rantoul, IL 61866 is a 3 bedroom, 2 bathroom, 1,416 sqft single-family home built in 1977. This property is not currently available for sale. 508 E Champaign Ave was last sold on Feb 13, 2026 for $140,000 (7% lower than the asking price of $149,990). The current Trulia Estimate for 508 E Champaign Ave is $148,700.