508 E Champaign Ave

1,416 Sq. Ft.
$99 / Sq. Ft.
1,416
Sq. Ft.
$99
per Sq. Ft.

Description

Rare opportunity featuring two separate buildings on one C2 commercially-zoned lot along Route 136. The front building offers 1,500 square feet of concrete block construction with drive thru option. Front building has 3-phase 200-amp electrical service, previously used as a woodworking shop. The back building is a 2-story updated residential home with some great features throughout. Both buildings feature lifetime silicone roofs and concrete block construction built to last. Perfect for live-work...Rare opportunity featuring two separate buildings on one C2 commercially-zoned lot along Route 136. The front building offers 1,500 square feet of concrete block construction with drive thru option. Front building has 3-phase 200-amp electrical service, previously used as a woodworking shop. The back building is a 2-story updated residential home with some great features throughout. Both buildings feature lifetime silicone roofs and concrete block construction built to last. Perfect for live-work setups, dual rental income, contractors needing shop space, small business owners, or investors. High-traffic location with excellent visibility and quick I-57 access. At $149,990 you get two buildings on commercial land for less than most single homes in the area. Both buildings sold AS-IS. Open to seller financing with the right deal.
  1. Listed by Nate Evans • eXp Realty-Mahomet
    P: (217)-239-7113 C: (217)-493-9297 nate@thenateevansgroup.com
  2. Listed by Josh Hinkle • eXp Realty-Mahomet
    P: (217)-840-4375 C: (217)-840-4375 homeswithhinkle@gmail.com

Sold By Taylor Realty Associates

Property Details for 508 East Champaign Avenue

Area
Northern Champaign County / Ford County
Township
Rantoul
Ownership
Fee Simple
Num Of Parking Spaces
12.0
Air Conditioning Type
None
Heat/Fuel
Natural Gas
LISTING UPDATED: 02/18/2026 04:11 PM

Property Details for 508 East Champaign Avenue

StatusClosed
MLS #12545121
Days on Market1
Taxes$3,070 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeDetached Single / 2 Stories
Year Built1977
Lot Size0.33 AC / 14,400 SF
CountyChampaign County

Location

Add your commute

Building Information for 508 East Champaign Avenue

Stories-Year Built1977Building Size-Lot Size0.33 AC / 14,400 SF

Payment Calculator

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OriginPoint Mortgage or Rocket Mortgage1

$938 per month

30 year fixed, 6.15% Interest

Principal and Interest

$682

Property Taxes

$256

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 508 East Champaign Avenue

General Information
School Information
  • Elementary School District: 193
  • High School District: 137
  • Middle Or Junior School District: 193
Addtl Parking Information
  • Parking Details: Yes, Owned
Taxes and HOA Information
  • Association Fee Frequency: Not Applicable
  • Association Fee Includes: None
  • Master Association Fee Frequency: Not Required
Property Information
Interior Features
  • Num Of Rooms: 8
  • Bedrooms Total: 3
  • Bedrooms (Below Grade): 0
  • Basement Type: None
  • Bedrooms Possible: 3
  • Air Conditioning: None
  • Basement Sq Ft: 0
  • Basement Bathrooms: No
  • Room Type: Foyer, Workshop
  • Num of Baths: 1.1
Exterior Features
  • Type: 2 Stories
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Public
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: Yes
  • Age: 41-50 Years
  • Type Detached: 2 Stories
  • Total Sq Ft: 1416
  • Aprox Total Finished Sq Ft: 1416
  • Total Finished and Unfin Sq Ft: 1416
  • Lower Sq Ft: 0
  • Main Sq Ft: 723
  • Upper Sq Ft: 693
  • Lot Size: .25-.49 Acre
  • Lot Dimensions: 90 x 160
  • Waterfront: No
  • Disability Access and/or Equipped: No
  • Construction: Block
  • General Information: None
  • Below Grade Finished Area: 0.0
  • Living Area Source: Estimated
  • Unfinished Basement Sq Ft: 0
  • Unfinished Lower Sq Ft: 0
Property and Assessments
  • Public Document Count: 3
  • Document Date: 2026-01-14T19:15:41
  • Photos Count: 48
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Room Information
Master Bedroom Information
  • Master Bedroom Level: Second
  • Room Type: Master Bedroom
  • Master Bedroom Bath: None
  • Master Bedroom Dimensions: 11X11
Bedroom #2 Information
  • 2nd Bedroom Level: Second
  • Room Type: Bedroom 2
  • Bedroom #2 Room Dimensions: 8X12
Bedroom #3 Information
  • 3rd Bedroom Level: Second
  • Room Type: Bedroom 3
  • Bedroom #3 Room Dimensions: 12X11
Bedroom #4 Information
  • 4th Bedroom Level: N/A
  • Room Type: Bedroom 4
Dining Room Information
  • Dining Room Level: Main
  • RoomType_DR: Dining Room
  • Dining Room Dimensions: 9X9
Family Room Information
  • Family Room Level: Second
  • RoomType_FR: Family Room
  • Family Room Dimensions: 16X12
Kitchen Information
  • Kitchen Level: Main
  • RoomType_KT: Kitchen
  • Kitchen Dimensions: 23X14
Laundry Information
  • Laundry Level: N/A
  • Room Type: Laundry
Living Room Information
  • Living Room Level: Main
  • Room Type: Living Room
  • Living Room Dimensions: 15X14
Foyer Information
  • Room Level: Main
  • Room Type: Foyer
  • Dimensions: 4X5
Work Room Information
  • Room Level: Main
  • Room Type: Work Room
  • Dimensions: 17X28

Property History for 508 East Champaign Avenue

DateEvent & SourcePriceAppreciation
Feb 13, 2026

Sold

MRED #12545121

$140,000
Jan 7, 2026

Cancelled

MRED #12255698

$149,900
Dec 5, 2025

Expired

MRED #12255698

$149,900
Oct 4, 2025

Contingent

MRED #12255698

Dec 13, 2024

Listed (Active)

MRED #12255698

$175,000
Apr 16, 2024

Price Change

MRED #11933214

$165,000
Jan 26, 2021

Expired

MRED #10919491

$110,000
Oct 28, 2020

Listed (Active)

MRED #10919491

$110,000
Jan 24, 2017

Sold (Public Record)

Public Record #588279617

$25,000

-10.3% / yr

Dec 4, 2015

Sold

MRED #08757897

$1
Nov 3, 2015

Pending

MRED #08757897

Oct 20, 2014

Listed (Active)

MRED #08757897

$39,000
Apr 12, 2004

Sold (Public Record)

Public Record #134842844

$100,000
Apr 7, 2004

Sold (Public Record)

Public Record #166413336

$100,000
DateEvent & SourcePrice
02/13/2026

Sold

MRED #12545121

$140,000
01/07/2026

Cancelled

MRED #12255698

$149,900
12/05/2025

Expired

MRED #12255698

$149,900
10/04/2025

Contingent

MRED #12255698

12/13/2024

Listed (Active)

MRED #12255698

$175,000
04/16/2024

Price Change

MRED #11933214

$165,000
01/26/2021

Expired

MRED #10919491

$110,000
10/28/2020

Listed (Active)

MRED #10919491

$110,000
01/24/2017

Sold (Public Record)

Public Record #588279617

$25,000

-10.3% / yr

12/04/2015

Sold

MRED #08757897

$1
11/03/2015

Pending

MRED #08757897

10/20/2014

Listed (Active)

MRED #08757897

$39,000
04/12/2004

Sold (Public Record)

Public Record #134842844

$100,000
04/07/2004

Sold (Public Record)

Public Record #166413336

$100,000

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

Public Records for 508 East Champaign Avenue

Taxable ValueLand$10,820Additions$27,540Total$38,360
Tax Record2024$3,070 ($256 / month)
Home Facts
StyleMiscellaneous CommercialCountyCHAMPAIGNAPN200902176004

Schools near 508 East Champaign Avenue

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
Private - PK 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

St Malachy School
PrivatePK 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 eXp Realty-Mahomet

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 02/18/2026 04:11 PM. 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.