Sold957d on market
700 W Champaign Ave
Rantoul, IL, 61866 • 61866 • Champaign County
$300,000
1 acLot
Property DNA
Not Applicable
61866
Market activity
Demand and pricing signals for this listing
957 days on market
Established listing
About this home
Lot
The available 1 acre sits just east of the intersection of S. Murray Road and W. Champaign Ave. on the north side of Champaign Ave. The site is minutes from Interstate 57 and only 20 minutes from Champaign. The site would be perfect for a national chain restaurant and would fit in well with the variety of fast food restaurants at that intersection. The property currently sits in an Enterprise Zone with sales tax savings on construction materials and property tax rebates on a 5-year period. Additional acreage available if needed.
Estimated monthly payment
Based on current rates
$1,876/month
Principal & Interest$1,476
Property Tax$300
Insurance$100
Down payment20% ($60,000)
3%50%
Est. 6.24% rate · 30yr fixed · $240,000 loan
Full calculator →At a glance
Key facts and listing details
Property
Home typeLot
Sub-typeUnimproved Land
Parking & Outdoor
Lot1 Acres
Location & Tax
Neighborhood61866
ZoningOTHER
Annual tax$1,051
Parcel200903102021
Features & details
1 category of property features
Exterior Features
Utilities
Natural Gas Available
Sewer Connected
Water Available
Listing insights
Market data and value estimates
StatusSold
Days on market957
Est. rent$729/mo
Tax rate2.17%
On marketJan 23, 2023
PostedJan 23, 2023
Last sold$300,000
MLS statusClosed
MLS updatedAug 24, 2023
Tour days6
How are the schools in Rantoul?
3 schools rated nearby
Location
Rantoul, IL, 61866
Price history
3 events
DateEventPrice$/sqftSource
Aug 24, 2023Sold$300,000—MRED as distributed by MLS GRID
Jun 9, 2023Contingent$392,040—MRED as distributed by MLS GRID
Jan 23, 2023Listed For Sale$392,040—MRED as distributed by MLS GRID
Sold$300,000
Aug 24, 2023•MRED as distributed by MLS GRID
Contingent$392,040
Jun 9, 2023•MRED as distributed by MLS GRID
Listed For Sale$392,040
Jan 23, 2023•MRED as distributed by MLS GRID
Tax history
25 years of records
YearTax paidAssessed value
Apr 8, 2024$1,219$12,800
Apr 8, 2023$1,170$11,420
Apr 8, 2022$1,097$10,200
Apr 8, 2021$1,051$9,520
Apr 8, 2020$976$9,200
Apr 8, 2019$995$8,840
Apr 8, 2018$995$8,390
Apr 8, 2017$998$8,150
Apr 8, 2016$979$8,150
Apr 8, 2015$979$8,150
Apr 8, 2014$958$8,150
Apr 8, 2013$952$8,330
Apr 8, 2012$3,890$8,330
Apr 8, 2011$3,847$38,310
Apr 8, 2010$3,749$39,740
Apr 8, 2009—$39,740
Apr 8, 2008—$40,550
Apr 8, 2007$3,459$38,760
Apr 8, 2006$3,405$37,160
Apr 8, 2005$3,269$35,590
Apr 8, 2004$3,158$34,290
Apr 8, 2003$3,011$33,850
Apr 8, 2002$3,266$36,730
Apr 8, 2001$2,863$36,370
Apr 8, 2000$2,698$34,580
Nearby homes
Neighborhood details
Local context around this listing
Rantoul, IL • Champaign County
Nearby cities
ChampaignHomerMahometRantoulSaint JosephSavoySeymourTolono
Nearby zip codes
61866
Similar homes
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](/mls-disclaimers/#17)
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