506 E Champaign Ave, Rantoul, IL 61866 Property Records

Champaign County property record for 506 E Champaign Ave, Rantoul, IL 61866

Property Summary

Property TypeCommercial
Lot Size0.224 acres (9,765 sqft)
OwnerIndividual Name on Record
Last Sale$48,000 (Dec 2021)
Tax Bill$1,355 (2024)
Deeds & MortgagesDec 2021 Sale
Apr 2019 Sale
Flood ZoneZone X (minimal risk)
APN20-09-02-176-003

Property Details

APN / Parcel Number

Primary APN20-09-02-176-003

Exterior

Architectural StyleMulti-Family
Lot Area9,765 sqft (0.224 acres)

Location & Zoning

Street Address506 E CHAMPAIGN AVE
CityRANTOUL
StateIL
Zip61866-3005
Property CategoryCommercial
Property TypeCommercial > Retail
Legal DescriptionLOTS PT 6, 7 BLOCK 40 SMITHS, W.R., ADD - PT. VACATED -
Legal Range09E
Legal Township21N
Legal Section02
Legal SubdivisionSMITHS, W.R., ADD
Legal Block40
Legal Lot Number7
JurisdictionCHAMPAIGN IL
Township / Civil DivisionRANTOUL
Census Block Group2
Census Block2029
Census Tract10204

Owner

Source: Champaign County records, as of August 14, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of RecordIndividual Name on Record
Mailing Address506 E CHAMPAIGN AVE, RANTOUL, IL 61866-3005
OccupancyOwner Occupied
Owner TypeIndividual

Deeds, Mortgages & Sale History

DateDocument
Dec 29, 2021Warranty Deed, Transfer
NOT AVAILABLE, ACT
Apr 23, 2019Warranty Deed, Transfer
ATTORNEY ONLY

Assessor's Deed Record

Deed NamesName on Deed
Last SaleDec 29, 2021 · Amount on Record
Deed SaleDec 29, 2021 · Amount on Record
Prior SaleApr 23, 2019 · Amount on Record
Deed Document Number202130138
Record UpdatedSep 20, 2026

December 2021: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionCHAMPAIGN IL
Recording DateDec 29, 2021
Property Address506 E CHAMPAIGN AVE, RANTOUL, IL 61866-3005
Document Number0000030138
Map ReferenceDD 26 PG 4
Instrument DateDec 28, 2021
Instrument2021R30138
Transaction TypeTransfer
Record UpdatedJan 6, 2022
Title CompanyNOT AVAILABLE, ACT

Transaction

AmountAmount Recorded
Tax$48.00
Amount AccuracyRounded by County
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address506 E CHAUNGPAIGN AVE, RANTOUL, IL 61866

April 2019: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionCHAMPAIGN IL
Recording DateApr 23, 2019
Property Address506 E CHAMPAIGN AVE, RANTOUL, IL 61866-3005
Document Number0000005510
Instrument DateApr 16, 2019
Instrument5510
Transaction TypeTransfer
Record UpdatedMay 8, 2019
Title CompanyATTORNEY ONLY

Transaction

AmountAmount Recorded
Tax$90.00
Amount AccuracyConfirmed
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address2009 FOX DR #M CHAMPAIGN IL 618207364, M, CHAMPAIGN, IL 61820-7364

Tax Assessment & Valuation

Source: Champaign County assessment roll, as of April 29, 2026

Property Jurisdictions

TypeName
StateIllinois
CountyChampaign County
County SubdivisionRantoul Township
MunicipalityRantoul Village
Elementary School DistrictRantoul City School District 137 (KG - 08)
Secondary School DistrictRantoul Township High School District 193 (09 - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$22,050 (+37.81%) Land $8,880 Building $13,170$66,150 (+37.81%) Land $26,640 Building $39,510
2024$1,355.00 (-19.78%)
2022$1,689.00$16,000 Land $6,450 Building $9,550$48,000 Land $19,350 Building $28,650

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

Flood

Source: FEMA National Flood Hazard Layer, effective July 14, 2021

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskNot rated
no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemRANTOUL
serves 13,000 people · EPA ID IL0190650
Water SourceGroundwater
Last State InspectionAug 2025
Lead2 ppb (2021–2023)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and Reporting1
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. The service area is an EPA estimate; the actual supplier may differ.

Internet Providers

Source: FCC Broadband Data Collection, based on 222 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Conxxus
Fiber
8,000 / 8,000
Mediacom Xtream
Cable
1,000 / 50
T-Mobile
Fixed Wireless
100 / 20

May also be available: AT&T, Fidium Fiber, Nextlink, Verizon.

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