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    Rantoul, IL
    Multifamily

    Rantoul, IL Multifamily Properties for Sale

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    Thomasboro, IL Ludlow, IL Gifford, IL Fisher, IL Champaign, IL Paxton, IL Dewey, 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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    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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    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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    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.

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    Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 4 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.

    Renovated Mixed-Use Building with Retail
    Renovated Mixed-Use Building with Retail

    218 W Main Street, Urbana, IL 61801

    $995,000
    7,750 sqft

    Historic Stephen's Building offers two leased ground-floor retail spaces and four fully renovated apartments.

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    Quadplex Multifamily Portfolio
    Quadplex Multifamily Portfolio

    1010 S Washington St, Paxton, IL 60957

    Contact for pricing

    Two nearby multifamily parcels combine renovated apartments, varied building improvements, and in-place tenants in Paxton.

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    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.

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    Campus-Adjacent Multifamily Property
    Campus-Adjacent Multifamily Property

    809 S Busey Ave, Urbana, IL 61801

    Contact for pricing

    Multifamily property positioned along the east side of the U of I campus, near Lincoln Avenue and university facilities.

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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

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

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

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

    1340 Pinoak Ln, Rantoul, IL 61866-3245

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

    1200 Aspen Dr, Rantoul, IL 61866-1241

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

    1 Mahoning Ave, Rantoul, IL 61866-1238

    Value Estimation by Request
    View details
    317 Scott St
    MOBILE HOME PARK, TRAILER PARK

    317 Scott St, Rantoul, IL 61866-1452

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

    333 Nn Dr, Rantoul, IL 61866-1142

    Value Estimation by Request
    View details
    63 Fountain Vly
    MOBILE HOME PARK, TRAILER PARK

    63 Fountain Vly, Rantoul, IL 61866-3438

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

    496 Chandler Rd, Rantoul, IL 61866

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

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

    $265,000
    Estimated value
    11.08 AC lot
    View details

    Rantoul, IL Multifamily Properties Market Trends and Statistics

    Explore 14 multifamily properties for sale in Rantoul, IL, showcased through 4 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 2

    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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