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    Rantoul, IL Apartment Buildings for Sale

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    Thomasboro, IL Ludlow, IL Gifford, IL Fisher, IL Champaign, IL Dewey, IL Paxton, IL Urbana, IL
    16-Unit Apartment Complex
    Updated: May 1, 2025
    16-Unit Apartment Complex

    1942 COUNTY ROAD 3000N, Rantoul, IL 61866

    $685,000
    1.45 AC lot
    16 units across two all‑brick apartment buildings
    Unit mix includes four 2‑bedroom and twelve 1‑bedroom apartments
    1.45‑acre site at 1942 County Road 3000N, Rantoul, IL 61866
    Private well and septic systems; septic systems installed in 2017 and 2022
    Electric heat, water heaters, ranges, and window or wall‑mounted A/C units
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    16-Unit Brick Apartment Buildings
    Updated: May 1, 2025
    16-Unit Brick Apartment Buildings

    1942 County Road 3000 North, Rantoul, IL 61866

    $685,000
    63,732 sqft
    16 total units across two all‑brick apartment buildings
    Unit mix includes four two‑bedroom apartments and twelve one‑bedroom apartments
    Private well and septic systems; new septic systems installed in 2017 and 2022
    Electric heat, water heaters, and cooking ranges; no gas service
    Owner provides refrigerators, ranges, and window or wall‑mounted A/C units
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    See what stands out in Champaign County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Rantoul, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    8-Unit Apartment Building
    8-Unit Apartment Building

    206 Grove Street, Urbana, IL 61802

    $899,000
    0.19 AC lot

    Two-bedroom layouts include full kitchens, dining areas, stackable laundry, and private patio or balcony access.

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    Renovated 9-Unit Apartment Building
    Renovated 9-Unit Apartment Building

    613 W Church Street, Champaign, IL 61820

    $339,000
    0.19 AC lot

    The property combines SRO and studio units, each with a private bathroom.

    View details
    9-Unit Renovated Apartment Building
    9-Unit Renovated Apartment Building

    613 W Church St, Champaign, IL 61820

    $339,000

    Updated apartment property with private bathrooms, separate electric meters, secure entry, cameras, and an on-site laundry room.

    View details
    118-Unit Apartment Building
    118-Unit Apartment Building

    502 W Main St, Urbana, IL 61801

    Contact for pricing

    Built in 1962, this 118-unit community offers studio through three-bedroom floorplans near UIUC.

    View details

    Rantoul, IL Apartment Buildings Market Trends and Statistics

    Explore 2 apartment buildings for sale in Rantoul, IL on our real estate platform. These investment opportunities span a total of 63,732 square feet of properties for sale, with an estimated market value of $1,370,000.

    Sale prices for two-family homes in Rantoul, IL average $685,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 13K
    Population Growth (5Y) -6.2%
    Median Household Income $51,389
    College Educated 18.3%

    High-Yield Neighborhoods for Investment

    Identify Rantoul submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    61866 $685K

    Taxes & Financing

    Tax Rate (average for all types) 9.74%
    Property Tax per SF $35.14 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Champaign County

    New Delisted

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