$140,000

beds

bath

half bath

1,416

square ft

508 E Champaign Avenue

Rantoul, Illinois 61866

Closed / MLS #12545121 / Single Family / Rantoul

Listing information updated 2/18/2026 at 4:23pm

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.

Full Features

Exterior Type:

Block

Basement:

None

Beds Above Grade:

Cooling System:

None

Heating System:

Natural Gas

Main Level Primary Bedroom:

Pool:

Age:

41-50 Years

Parking Type:

Yes,Owned

Parking Spaces:

Room Count:

Water Front:

Square Feet:

1,416

Lot Size:

.25-.49 Acre

Room Information

Living Room:

15x14 - Main

Dining Room:

9x9 - Main

Kitchen:

23x14 - Main

Family Room:

16x12 - Second

Primary Bedroom:

11x11 - Second Level

2nd Bedroom:

8x12 - Second

3rd Bedroom:

12x11 - Second

4th Bedroom:

N/A

Foyer:

4x5 - Main Level

Work Room:

17x28 - Main Level

Laundry:

N/A Level

Taxes & Assessments

Tax Amount:

$3,070

Tax Year:

2024

Location

Zip Code:

61866

City:

Rantoul

County:

Champaign

Schools

School District(s):

193, 137

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Exterior Type:

Block

Basement:

None

Beds Above Grade:

Cooling System:

None

Heating System:

Natural Gas

Main Level Primary Bedroom:

Pool:

Age:

41-50 Years

Parking Type:

Yes,Owned

Parking Spaces:

Room Count:

Water Front:

Square Feet:

1,416

Lot Size:

.25-.49 Acre

Living Room:

15x14 - Main

Dining Room:

9x9 - Main

Kitchen:

23x14 - Main

Family Room:

16x12 - Second

Primary Bedroom:

11x11 - Second Level

2nd Bedroom:

8x12 - Second

3rd Bedroom:

12x11 - Second

4th Bedroom:

N/A

Foyer:

4x5 - Main Level

Work Room:

17x28 - Main Level

Laundry:

N/A Level

Tax Amount:

$3,070

Tax Year:

2024

Zip Code:

61866

City:

Rantoul

County:

Champaign

School District(s):

193, 137

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Listing Office: eXp Realty-Mahomet

Listing Office Phone: 217.239.7113

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 2/18/2026 at 4:23pm. 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 listings have been excluded from this website.