Sold
Last Sold Price
5 beds2,039 sqft$30/sqft
402 S Chanute St, Rantoul, IL 61866
Multi FamilyProperty Type
6,534 sq ftLot Size
1949Year Built
$30/sq ftPrice per sq ft
2 carsParking Spaces

Description

Everything is new and has been updated in the past 5 years! Current owner completely gutted the interior--- take advantage of this opportunity to make income on a well maintained and updated property! OR buy this and lease the second floor to pay your mortgage... the possibilities are endless!Everything is new and has been updated in the past 5 years! Current owner completely gutted the interior--- take advantage of this opportunity to make income on a well maintained and updated property! OR buy this and lease the second floor to pay your mortgage... the possibilities are endless!

    Sold By RE/MAX Choice

    • Listed by: Creg 217.359.7971 creg@cregmcdonald.com • The McDonald Group
    Listing closed: 04/02/2019 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 09483408

    Recent comparable sales

    Median sold price

    $190,000

    Avg days on market

    8

    Sale-to-list ratio

    95.1%

    Rantoul, IL

    9 comparable properties found

    a view of a house with a yard and sitting area
    1/38
    1

    $145,000

    Sold 09/26/25

    5
    Bedrooms
    2,200
    Square Feet
    Unavailable
    Acres
    a front view of a house with yard
    1/2
    2

    $142,500

    Sold 03/12/25

    4
    Bedrooms
    1,804
    Square Feet
    Unavailable
    Acres
    a view of a house with a snow in the yard
    1/15
    3

    $142,500

    Sold 03/11/25

    4
    Bedrooms
    1,804
    Square Feet
    0.38
    Acres
    a front view of a house with a patio
    1/47
    4

    $210,000

    Sold 12/19/24

    4
    Bedrooms
    1,855
    Square Feet
    Unavailable
    Acres
    front view of a house with a yard
    1/16
    5

    $230,000

    Sold 08/06/25

    4
    Bedrooms
    1,925
    Square Feet
    Unavailable
    Acres
    a front view of a house with a yard
    1/48
    6

    $172,500

    Sold 05/05/25

    4
    Bedrooms
    1,950
    Square Feet
    0.24
    Acres
    a front view of a house with garden
    1/40
    7

    $229,900

    Sold 12/06/24

    4
    Bedrooms
    2,044
    Square Feet
    Unavailable
    Acres
    front view of a house with a yard
    1/18
    8

    $190,000

    Sold 07/25/25

    5
    Bedrooms
    988
    Square Feet
    Unavailable
    Acres
    $238,000 | 1101 Illinois Drive, Rantoul, IL 61866
    1/40
    9

    $238,000

    Sold 02/27/25

    4
    Bedrooms
    2,114
    Square Feet
    0.19
    Acres

    Location

    Add your commute

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    OriginPoint Mortgage or Rocket Mortgage1

    $395 per month

    30 year fixed, 6.55% Interest

    Principal and Interest

    $315

    Property Taxes

    $80

    HOA Dues

    $0

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    Rocket Mortgage1

    Property Information for 402 South Chanute Street

    Property Details
    • Taxes: $957 / year
    • MLS Type: Two to Four Units / 2 Flat
    • Area: Dewey / Fisher / Flatville / Foosland / Gifford / Ludlow / Penfield / Rantoul / Thomasboro
    • Township: RANTOUL
    • Ownership: Fee Simple
    • Num Of Garage Spaces: 2.0
    • Num Of Cars: 2.0
    • Heat/Fuel: Electric
    • Zoning: MULTI
    Building Information
    • Residences: 2
    • Year Built: 1949
    • Lot Size: 0.15 AC / 6,534 SF
    General Information
    School Information
    • Elementary School District: 137
    • Elementary School: RANTOUL ELEMENTARY SCHOOL
    • Jr High Middle School: RANTOUL JUNIOR HIGH SCHOOL
    • High School District: 137
    • High School: RANTOUL CITY DISTRICT
    • Middle Or Junior School District: 137
    Addtl Parking Information
    • Garage On Site: true
    • Garage Ownership: Owned
    • Garage Type: Detached
    • Parking: Garage
    Property Information
    Interior Features
    • Num Of Rooms: 9
    • Bedrooms Total: 5
    • Bedrooms (Below Grade): 0
    • Basement Type: None
    • Bedrooms Possible: 5
    • Basement Description: Crawl
    • Grid: 0
    • Basement Bathrooms: No
    • # Full Baths in Building: 2
    • # Half Baths in Building: 0
    • Num of Baths: 2.0
    Utilities / Equipment
    • Sewer: Sewer-Public
    • Water: Public
    Property/Lot Information
    • New Construction YN: No
    • Rebuilt: No
    • Rehabilitated: No
    • Built Before 1978: Yes
    • Age: 61-70 Years
    • Lot Size: Less Than .25 Acre
    • Lot Dimensions: 50X130
    • Total # Units in Building: 2.0
    • Waterfront: No
    • Exterior Building Type: Vinyl Siding, Brick
    • General Information: School Bus Service
    • 3 Br Un In Bldg: Yes
    Property and Assessments
    • Photos Count: 23
    Virtual Tour/Additional Media
    • Virtual Tour: None
    • Virtual Tour YN: No
    • Virtual Tour Date: 01-23-2017
    Multi Family
    Unit 1
    • Unit Type Actual Rent: $625.00
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 3
    • Unit Type Type: Unit 1
    • Total Sq Ft - Unit 1: 1268
    • Floor # - Unit 1: 1
    • # Of Rooms - Unit 1: 5
    • # Half Baths-Unit 1: 0
    • # Full Baths-Unit 1: 1
    • Appliances/Features Unit 1: Stove, Refrigerator, Garage/Space, Range Hood
    • Lease Exp Date (Mo/Yr) - Unit 1: 01-18-2026
    • Sec Deposit $ - Unit 1: 625
    • Tenant Pays - Unit 1: All
    Unit 2
    • Unit Type Actual Rent: $475.00
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 2
    • Unit Type Type: Unit 2
    • Total Sq Ft - Unit 2: 771
    • Floor # - Unit 2: 2
    • # Of Rooms - Unit 2: 4
    • # Half Baths-Unit 2: 0
    • # Full Baths-Unit 2: 1
    • Appliances/Features Unit 2: Stove, Refrigerator, Range Hood
    • Sec Deposit $ - Unit 2: 475
    • Tenant Pays - Unit 2: All

    Property History for 402 South Chanute Street

    DateEvent & SourcePriceAppreciation
    Apr 2, 2019

    Sold

    MRED #09483408

    $62,000
    Apr 1, 2019

    Sold (Public Record)

    Public Record #642745093

    $93,000

    +30.7% / yr

    Jan 25, 2019

    Pending

    MRED #09483408

    DateEvent & SourcePrice
    04/02/2019

    Sold

    MRED #09483408

    $62,000
    04/01/2019

    Sold (Public Record)

    Public Record #642745093

    $93,000

    +30.7% / yr

    01/25/2019

    Pending

    MRED #09483408

    For completeness, we often displays two records for one sale: the MLS record and the public record.

    Public Records for 402 South Chanute Street

    Taxable ValueLand$2,760Additions$13,860Total$16,620
    Tax Record2024$1,075 ($90 / month)
    Home Facts
    Beds0Lot Size6,532 SqFtStyleSingle Family ResidenceCountyCHAMPAIGNAPN20-09-02-181-012

    Schools near 402 South Chanute Street

    This home is within Rantoul Township Hsd 193 School District.
    Rating
    School
    Type
    Grades
    Distance
    Public - K to 5
    Public - 6 to 8
    Public - 9 to 12
    Public - 5 to 8
    Rating
    School
    Distance
    Northview Elementary School
    PublicK to 5

    J W Eater Jr High School
    Public6 to 8

    Rantoul Twp High School
    Public9 to 12

    Rise Academy at JW Eater
    Public5 to 8

    School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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    Listing Courtesy of The McDonald Group

    Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 05/05/2021 02:01 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.