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Residential Income Property
For Sale
Contact for pricing
Pending

8 Mahoning Ave, Rantoul, IL 61866

For sale with assumable agency financing featuring 4.12% interest and four additional years of interest-only payments.

Property SizeContact for details
Days on Market120

Property Features for 8 Mahoning Ave

General Information

Standard status Pending
Property subtype Mobile Home Park, Multifamily
Listing Agency: NorthMarq Phoenix
Listed By: Chris Michl · License #AZ SA682050000
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Aug 8 at 1:51PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NorthMarq Phoenix

Investment Insights

Based on property information with market context.

This for-sale residential income property is categorized as a residential income asset, with listed property types also including multifamily properties and mobile home & RV parks. Details on unit count, layout, and condition were not provided with the listing information.

The property is located at 8 Mahoning Ave in Rantoul, IL 61866.

A key financing feature noted in the public remarks is an assumable agency financing structure at 4.12% interest, along with an additional four years of interest-only payments. Interested parties should confirm all financing and assumption terms directly with the listing agent and the financing agency.

Key Highlights

  • Assumable agency financing at 4.12% interest rate
  • Includes an additional 4 years of interest‑only payments

Property Analytics

Current Use

Rancho Rantoul Estates Campground & RV Park

Suggested Use

Top Pick Real Estate Agency Dental Office Hair Salon Parking Lot & Garage Electrical Service Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

177
Businesses Nearby

Demographics for 61866, IL

13,459
Population
6,280
Households
2.1
Avg Household Size
37
Median Age
13%
College-Educated
91%
High-School Grad
80.0 sq mi
ZIP Area
168
Density / Sq Mi
$51,389
Median Household Income
$38,439
Median Earnings
$892
Median Rent
$111,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mobile home & RV park - For sale with assumable agency financing featuring 4.12% interest and four additional years of interest-only payments.
Where is this mobile home & rv park located?
The property is located at 8 Mahoning Ave Rantoul, IL.
What are key features of this property?
This property features: Assumable agency financing at 4.12% interest rate; Includes an additional 4 years of interest‑only payments
More about this property
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