Realmo

Buy
- For Sale
- Post a Listing
Property Types
- Retail
  
  Storefront
- Office
  
  Office Units
  
  Building
- Residential Income
  
  Multifamily
  
  Mobile Home & RV Parks
- Restaurants
- Industrial
  
  Flex Space
- Warehouse
  
  Self Storage
- Hospitality
- Land
  
  Residential
  
  Commercial
  
  Agricultural
- Specialty
  
  School
  
  Day Care Centers
  
  Church & Religious
Rent
Analytics
- Analytics Center
- Insight Report
- Recently Sold
- Value Estimation
- Cap Rate
- Ownership Records
- Location Intelligence
- Business Placement
- Off-Market Leads
- Zoning Insight

Advertise Sign In

For Sale
- Retail
  - Storefront
- Office
  - Office Units
  - Building
- Residential Income
  - Multifamily
  - Mobile Home & RV Parks
- Restaurants
- Industrial
  - Flex Space
- Warehouse
  - Self Storage
- Hospitality
- Land
  - Residential
  - Commercial
  - Agricultural
- Specialty
For Lease
Analytics Center
Insight Report
Recently Sold
Value Estimation
Cap Rate
Ownership Records
Location Intelligence
Business Placement
Off-Market Leads
Zoning Insight
Advertise
Find Brokers

Rantoul, IL

Multifamily

Rantoul, IL Multifamily Properties for Sale

List

Map

Thomasboro, IL Gifford, IL Urbana, IL Fisher, IL Paxton, IL Champaign, IL Saint Joseph, IL Mahomet, IL

Well-Maintained Apartment Complex in Rantoul

Updated: May 1, 2025

Well-Maintained Apartment Complex in Rantoul

1942 COUNTY ROAD 3000N, Rantoul, IL 61866

$685,000

1.45 AC lot

All‑brick apartment complex built in 1968 with 16 total units across two buildings
Unit mix: south building has four 2‑bedroom and two 1‑bedroom apartments; north building has ten 1‑bedroom units
Each unit has electric heat, electric water heater, and an electric cooking range (no gas service)
Owner‑supplied appliances include refrigerators and ranges, plus window/wall‑mounted A/C units; tenants pay all utilities
Property has its own well and septic systems, with new septic systems installed in 2017 and 2022

52-Pad Mobile Home Community

Updated: Mar 3

52-Pad Mobile Home Community

1 Mahoning Ave, Rantoul, IL 61866

$2,100,000

186,436 sqft

52‑pad mobile home community in Rantoul, IL with 49 of 52 pads occupied.
~4.28 acres; originally developed in 1960 with approved mobile home park zoning and not in a designated flood zone.
TOH/POH mix: 36 tenant‑owned homes at avg $425 lot rent/month and 10 park‑owned homes at avg ~$800/month (seller holds clear title).
Utilities include municipal water and sewer with submetering for back‑billed costs; each pad has a 100‑amp electrical pedestal; electricity and natural gas are directly metered.
Asphalt internal roads reported in good condition; tenants mow individual lots and clear driveways in winter, while ownership handles snow removal for park roads and maintains vacant pads/common areas.

Residential Income Property

Residential Income Property

8 Mahoning Ave, Rantoul, IL 61866

Contact for pricing

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

Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 21 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, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Duplex Investment Property

Duplex Investment Property

730 S HIGH ST, Paxton, IL 60957

$450,000

4,428 sqft

Three duplex buildings on one parcel offer six rental units with in-unit laundry and updated interiors.

Mixed-Use Building with Retail

Mixed-Use Building with Retail

218 West Main Street, Urbana, IL 61801

$1,095,000

5,061 sqft

Historic mixed-use building features two leased ground-floor retail suites and four renovated 2-bed apartments.

Improved Commercial Land with Mobile Park

Improved Commercial Land with Mobile Park

3202 E University Ave, Urbana, IL 61802

Contact for pricing

1.88 AC lot

Improved corner commercial parcel with an operating mobile home park, including nine occupied pads and metered utilities.

Downtown Mixed-Use Retail Building

Downtown Mixed-Use Retail Building

114 South Market Street, Paxton, IL 60957

Contact for pricing

First-floor retail meat store and three second-floor apartments create a versatile downtown mixed-use layout.

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

University Park Developable Land

University Park Developable Land

976 Mesa Court, University Park, IL 60484

Contact for pricing

3.20 AC lot

3.2 acres with 24 concrete housing pads in University Park.

Wooded Homesite in Wheatfield, Indiana

Wooded Homesite in Wheatfield, Indiana

4418 Oakland Court, Wheatfield, IN 46392

Contact for pricing

0.57 AC lot

Spacious, wooded 0.57-acre lot in established neighborhood.

Land For Sale, Lakemoor, IL

Land For Sale, Lakemoor, IL

27 Oyster Bay, Lakemoor, IL 60051

Contact for pricing

0.12 AC lot

Commercial land available in Lakemoor, Illinois.

Commercial Land Development Parcel

Commercial Land Development Parcel

17039 Hillside Lane, Jerseyville, IL 62052

$70,000

2.10 AC lot

Roughly two acres off Route 67 with utilities in place and an existing concrete pad for flexible development uses.

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.

MOBILE HOME PARK, TRAILER PARK

355 Nn Dr, Rantoul, IL 61866-1140

$815,000

Estimated value

2186 County Rd 3000th N

MOBILE HOME PARK, TRAILER PARK

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

Value Estimation by Request

1,287 sqft 4.00 AC lot

MOBILE HOME PARK, TRAILER PARK

1340 Pinoak Ln, Rantoul, IL 61866-3245

Value Estimation by Request

21.99 AC lot

MOBILE HOME PARK, TRAILER PARK

1200 Aspen Dr, Rantoul, IL 61866-1241

Value Estimation by Request

16.05 AC lot

MOBILE HOME PARK, TRAILER PARK

1 Mahoning Ave, Rantoul, IL 61866-1238

Value Estimation by Request

MOBILE HOME PARK, TRAILER PARK

317 Scott St, Rantoul, IL 61866-1452

Value Estimation by Request

MOBILE HOME PARK, TRAILER PARK

333 Nn Dr, Rantoul, IL 61866-1142

Value Estimation by Request

63 Fountain Vly

MOBILE HOME PARK, TRAILER PARK

63 Fountain Vly, Rantoul, IL 61866-3438

Value Estimation by Request

41.43 AC lot

496 Chandler Rd

MOBILE HOME PARK, TRAILER PARK

496 Chandler Rd, Rantoul, IL 61866

Value Estimation by Request

0.64 AC lot

1938 County Rd 3000th N

MOBILE HOME PARK, TRAILER PARK

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

Value Estimation by Request

11.08 AC lot

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 186,436 square feet of properties for sale, with an estimated market value of $2,785,000.

Sale prices for multifamily properties in Rantoul, IL start at $685,000, averaging $1,392,500, and reaching up to $2,100,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

List

Map

Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

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

Need Help?

Reach out if you need assistance with Realmo tools or have questions about your listings