Multifamily

Rantoul, IL Multifamily Properties for Sale

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Thomasboro, IL Ludlow, IL Gifford, IL Fisher, IL Champaign, IL Urbana, IL Dewey, IL Paxton, 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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52-Pad Mobile Home Community
52-Pad Mobile Home Community

1 Mahoning Ave, Rantoul, IL 61866

Contact for pricing
186,436 sqft

52-pad mobile home community with 49 occupied, municipal water and sewer, and off-street parking for residents.

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Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 3 Active listings in Rantoul, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 10 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

Mixed-Use Building with Office
Mixed-Use Building with Office

117 N Broadway, Urbana, IL 61801

$365,000
0.05 AC lot

Ground-floor office space is paired with two upstairs one-bedroom apartments and rear parking.

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Restaurant and Residential Building
Restaurant and Residential Building

10 E CHESTER ST, Champaign, IL 61820

Contact for pricing
7,000 sqft

Two-level property combines an established restaurant with a large two-bedroom residential unit.

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Four-Unit Quadplex
Four-Unit Quadplex

403 W Columbia Avenue, Champaign, IL 61820

$259,000
0.20 AC lot

Four one-bedroom, one-bath residences with driveway parking and public utilities.

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Two-Unit Duplex with Remodeled Unit
Two-Unit Duplex with Remodeled Unit

1207 N Linview Avenue, Urbana, IL 61801

$140,000

Each residence has two bedrooms and one full bathroom; one side has updated appliances, water heating, and mini-split air conditioning.

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Off-Market Properties in Rantoul, IL

Consider similar Off-Market properties in Rantoul, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

355 Nn Dr
MOBILE HOME PARK, TRAILER PARK

355 Nn Dr, Rantoul, IL 61866-1140

Estimated value:
$815,000
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2186 County Rd 3000th N
MOBILE HOME PARK, TRAILER PARK

2186 County Rd 3000th N, Rantoul, IL 61866-9507

Estimated value:
$230,000
1,287 sqft 4.00 AC lot
View details
1340 Pinoak Ln
MOBILE HOME PARK, TRAILER PARK

1340 Pinoak Ln, Rantoul, IL 61866-3245

Estimated value:
$390,000
21.99 AC lot
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1200 Aspen Dr
MOBILE HOME PARK, TRAILER PARK

1200 Aspen Dr, Rantoul, IL 61866-1241

Estimated value:
$350,000
16.05 AC lot
View details
1 Mahoning Ave
MOBILE HOME PARK, TRAILER PARK

1 Mahoning Ave, Rantoul, IL 61866-1238

Estimated value: by Request
View details
317 Scott St
MOBILE HOME PARK, TRAILER PARK

317 Scott St, Rantoul, IL 61866-1452

Estimated value:
$50,000
View details
333 Nn Dr
MOBILE HOME PARK, TRAILER PARK

333 Nn Dr, Rantoul, IL 61866-1142

Estimated value: by Request
View details
63 Fountain Vly
MOBILE HOME PARK, TRAILER PARK

63 Fountain Vly, Rantoul, IL 61866-3438

Estimated value:
$380,000
41.43 AC lot
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496 Chandler Rd
MOBILE HOME PARK, TRAILER PARK

496 Chandler Rd, Rantoul, IL 61866

Estimated value:
$250,000
0.64 AC lot
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1938 County Rd 3000th N
MOBILE HOME PARK, TRAILER PARK

1938 County Rd 3000th N, Rantoul, IL 61866-9509

Estimated value:
$265,000
11.08 AC lot
View details

Rantoul, IL Multifamily Properties Market Trends and Statistics

Explore 13 multifamily properties for sale in Rantoul, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 250,168 square feet of properties for sale, with an estimated market value of $1,370,000.

Sale prices for multifamily properties 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Apartment buildings 2
Mobile home & RV parks 1

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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