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    Property profile & analytics

    Rantoul, IL 61866

    • Commercial land
    • 6.40 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US28-2966146
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial land

    Property Details

    Lot size
    6.40 lot acres
    Property type
    Commercial land
    APN
    200916400004
    APU
    200916400004

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Rantoul
    County
    Champaign
    State
    Illinois
    Longitude
    -88.1752
    Latitude
    40.2689
    CBSA code
    16580
    CBSA name
    CHAMPAIGN-URBANA, IL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $545
    $7,120
    $0.00
    $7,120
    -
    $21,360
    $0.00
    $21,360

    Comparable in this City

    • Value Estimation by Request

      119 Congress Ave

      VACANT COMMERCIAL LAND
      119 Congress Ave, Rantoul, IL 61866-2310
      View Details
    • Value Estimation by Request
      0.88 Acres

      670 Ohio Ave

      VACANT COMMERCIAL LAND • 0.88 Acres
      670 Ohio Ave, Rantoul, IL 61866
      View Details
    • Value Estimation by Request

      231 Jon Dr

      VACANT COMMERCIAL LAND
      231 Jon Dr, Rantoul, IL 61866
      View Details
    • Value Estimation by Request
      0.82 Acres

      Rantoul, IL 61866

      VACANT COMMERCIAL LAND • 0.82 Acres
      Rantoul, IL 61866
      View Details
    • Value Estimation by Request

      962 Broadmeadow Rd

      VACANT COMMERCIAL LAND
      962 Broadmeadow Rd, Rantoul, IL 61866-2129
      View Details
    • Value Estimation by Request
      0.19 Acres

      401 Century Blvd

      VACANT COMMERCIAL LAND • 0.19 Acres
      401 Century Blvd, Rantoul, IL 61866-2907
      View Details

    Similar Nearby for Sale

    • $563,000
      5.63 Acres

      Rantoul Commercial Development Opportunity

      5.63-acre commercial land near Interstate 57 in Rantoul, Illinois.
      2995 County Road 1400 E, Rantoul, IL 61866
      View Details
    • Contact for pricing
      0.66 Acres

      Rantoul Land on Busy Route

      Commercial land on a busy route near shopping and medical facilities.
      1638 E Grove Ave E, Rantoul, IL 61866
      View Details
    • $300,000

      Corner Lot Near Interstate 57

      Former gas station/convenience store on .71 acres near Interstate 57.
      301 S Murray Rd, Rantoul, IL 61866
      View Details
    • $479,160
      1 SF

      Rantoul Commercial Land Opportunity

      1.1 acre commercial land in growing Rantoul, Illinois.
      626 W Champaign Ave, Rantoul, IL 61866
      View Details
    • $4,000,000
      40.00 Acres

      Rantoul Commercial Development Opportunity

      40-acre commercial development opportunity near Interstate 57 and Rantoul.
      2990 County Road 1400 E, Rantoul, IL 61866
      View Details
    • $4,000,000

      Rantoul Commercial Development Opportunity

      Commercial land near Interstate 57, suitable for various developments.
      2985 County Road 1400 E, Rantoul, IL 61866
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      5,982 SF

      Retail Space in Rantoul, IL

      Retail space available for lease in Rantoul, Illinois.
      301 E Champaign Ave, Rantoul, IL 61866
      View Details
    • $4 SF/Yr
      73,500 SF

      Rantoul Industrial Property with Dock Doors

      73,500 SF industrial property featuring multiple dock doors.
      106 W Flessner Ave, Rantoul, IL 61866
      View Details
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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
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