Residential

Rantoul, IL Residential Land & Home Lots for Sale

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Land, Rantoul, IL
Updated: Jul 16
Land, Rantoul, IL

528 Neipswah Avenue, Rantoul, IL 61866

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0.16 AC lot
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Residential Lot in Rantoul, IL
Updated: Nov 4, 2025
Residential Lot in Rantoul, IL

207 MARCO Drive, Rantoul, IL 61866

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Extra large residential lot - perfect for your dream home.
Vacant and ready for development.
Located in South Pointe Commons.
Situated in the south area of Rantoul.
Located on the former Chanute Air Force Base.
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Multifamily Development Land
Multifamily Development Land

640 PENFIELD Street N, Rantoul, IL 61866

$189,000
7.52 AC lot

7.52 acres zoned R-4 General Multifamily Residential, located at the north edge of Rantoul.

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See hot listings in Rantoul

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Land/Lot
Land/Lot

567 Hazelcrest Dr, Rantoul, IL 61866

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Residential land & home lots

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Residential Lot in Rantoul
Residential Lot in Rantoul

207 Marco Drive, Rantoul, IL 61866

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Vacant residential lot in the south area of Rantoul.

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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 5 Active listings in Rantoul, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Urbana Homesite in Green Subdivision
Urbana Homesite in Green Subdivision

3002 N Brickhouses Road, Urbana, IL 61802

$140,000
0.88 AC lot

0.88 acre homesite in sustainable living neighborhood.

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Land, Urbana, IL
Land, Urbana, IL

3008 N Brickhouses Road, Urbana, IL 61802

$175,000
1.24 AC lot

Residential land & home lots · 1.24 Acres

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Land, Fisher, IL
Land, Fisher, IL

3213 County Road 600 E, Fisher, IL 61843

$220,000
7.07 AC lot

Residential land & home lots · 7.07 Acres

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Land
Land

3213 County Road 600 E, Fisher, IL 61843

$220,000

Residential land & home lots

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Rantoul, IL Residential Land & Home Lots Market Trends and Statistics

Explore 5 residential land & home lots for sale in Rantoul, IL, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 334,541 square feet of properties for sale, with an estimated market value of $189,000.

Sale prices for home sites in Rantoul, IL average $189,000 — 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

Commercial land 13
Residential land & home lots 4
Agricultural land / Farmland 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 $37.8K

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

Property Size Breakdown

The majority of commercial real estate listings in Rantoul fall within the under-1-acre range.

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