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    801 Arends Blvd Rantoul, IL 61866

    Under Contract
    For Sale
    $200,000

    Other - Rantoul, IL

    Property size:
    21,712 SF
    Days on Market:
    41
    Last Refresh:
    Dec 14 at 5:06 pm

    Property Features for 801 Arends Blvd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active Under Contract
    Zoning
    COMMR
    APN
    200902352001
    Size
    21,712 SF

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1938
    Roof type
    Membrane, Slate
    Architectural style
    Other

    eXp Realty, LLC (888) 574-9405 [email protected]

    Listing agent Nate Evans (217) 239-7113 License #475124281

    Listing date Nov 4, 2025

    MLS# 12435659 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Chanute Air Force Building

    The former command center of the historic Chanute Air Force Base, located in Rantoul, Illinois, is available for purchase. This property, situated at 801 Arends Boulevard in Champaign County, offers a unique opportunity to own a piece of American history. The building provides a blank canvas with possibilities for multi-family housing, office space, or other ventures. The property has a size of 21,712 square feet and is zoned COMMR.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rantoul
    County
    Champaign
    State
    Illinois
    Longitude
    -88.1529483
    Latitude
    40.2981399

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    FAQs

    What type of property is this?
    Office building - Former command center with multi-family or office space potential.
    Where is this office building located?
    The property is located at 801 Arends Blvd Rantoul, IL.
    What is the asking price?
    The asking price for this property is $200,000.
    What are key features of this property?
    This property features: - Historic Significance: Own a piece of American history as the former command center of the historic Chanute Air Force Base.; - Development Potential: Suitable for multi-family housing, office space, or other ventures.; - Blank Canvas: Offers a wide range of possibilities for customization and use.
    (217) 239-7113
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    801 Arends Blvd Rantoul, IL 61866
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    Rantoul, IL 61866
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    801 Arends Blvd Rantoul, IL 61866
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