Rantoul, IL Residential income properties for sale

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 2 buildings and 16 total units
Unit mix: south building has four 2‑bedroom apartments and two 1‑bedroom apartments; north building has ten 1‑bedroom units
Each unit has electric heat, an electric water heater, and an electric cooking range (no gas service to the units)
Cooling: window or wall‑mounted A/C units included in each apartment
Owner‑provided appliances include refrigerators and ranges, plus A/C units

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Based on your search, we've compiled 19 Potential Opportunities for your consideration. Besides 1 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.

Residential Income Property with Shop Space

507 Crystal Lake Drive, Urbana, IL 61802

$139,900

0.32 AC lot

Parcel includes a remaining building with an apartment plus shop/laundry area, suited for conversion or continued residential use.

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All-Brick Duplex in Champaign, IL

1210-1212 Julie Drive, Champaign, IL 61821

$230,000

0.30 AC lot

Well-maintained duplex with hardwood floors and strong rental history.

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Urbana Multifamily Portfolio

2008 Vawter Ave, 1301 Mitchem Dr, 1303 Mitchem Dr, 2006 Vawter Ave, 2004 Vawter Ave, 2017 Vawter Ave, Urbana, IL 61801

$5,800,000

600 sqft

Six-building, 77-unit multifamily portfolio in Urbana, Illinois.

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Downtown Champaign Mixed-Use Building

112 W Hill Street, Champaign, IL 61820

$1,995,000

18,576 sqft

Historic building with residential and commercial spaces in downtown Champaign.

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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.

Residential Lot in Rantoul, IL

$150,000

0.88 AC lot

0.88 acre homesite in sustainable living neighborhood.

Value Estimation by Request

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MOBILE HOME PARK, TRAILER PARK

317 Scott St, Rantoul, IL 61866-1452

Value Estimation by Request

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MOBILE HOME PARK, TRAILER PARK

Value Estimation by Request

11.08 AC lot

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Rantoul, IL Residential Income Properties Market Trends and Statistics

Explore 11 residential income properties for sale in Rantoul, IL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $685,000.

Sale prices for residential income properties in Rantoul, IL start at $685,000, averaging $685,000, and reaching up to $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.

Neighborhood	Average Price
61866	$685K

Neighborhood

Average Price

61866

$685K

Rantoul, IL Residential Income Properties for Sale

1942 COUNTY ROAD 3000N, Rantoul, IL 61866