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  • Price cut: $14.5K (12/18)
    $94,500

    421 E Wabash Ave, Rantoul, IL 61866

    2beds
    779sqft
    : 
    Single Family Residence
    Built in 1945
    8,000 Square Feet Lot
    $-- Zestimate®
    $121/sqft
    $-- HOA

    What's special

    Cozy wood-burning fireplaceStucco exteriorAttached single-car garage
    Two Homes, One Great Location. Located in an ideal neighborhood close to schools, dining, banks, ball parks, and playgrounds, this unique two-for-one property offers an outstanding investment opportunity. The front home features two bedrooms and one full bathroom, encompassing 779 square feet of living space with a stucco exterior and an attached single-car garage. Inside, you'll find a refrigerator and range included, a cozy wood-burning fireplace in the living room (decorative only). The front home is currently leased on a month-to-month basis. Set at the rear of the property, the second home features two bedrooms and one full bathroom approx. 525 square feet. While it does not have a garage, it includes both a refrigerator and a range. Currently vacant, this home is ready for new tenants or could be repurposed for a variety of uses. Both homes have served reliably as rental properties for many years, making this an excellent opportunity for continued rental income or multi-generational living. Don't miss your chance to see this rare offering-call to schedule an appointment today, as this property is sure to sell quickly!
    188 days
    |
    282
    |
    8
    |

    Zillow last checked: 8 hours ago

    Listing updated: January 12, 2026 at 10:07pm

    Listing courtesy of:

    Herman Fogal 217-840-1941,

    REALTY 2000,INC

    Source: MRED as distributed by MLS GRID,MLS#: 12423847MLS Logo

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Rooms
    • Room types: No additional rooms
    Primary bedroom
    • Features: Flooring (Carpet), Window Treatments (All)
    • Level: Main
    • Area: 110 Square Feet
    • Dimensions: 10X11
    Bedroom 2
    • Features: Flooring (Carpet), Window Treatments (All)
    • Level: Main
    • Area: 117 Square Feet
    • Dimensions: 13X9
    Dining room
    • Features: Flooring (Carpet)
    • Level: Main
    • Area: 80 Square Feet
    • Dimensions: 10X8
    Kitchen
    • Features: Kitchen (Galley), Flooring (Vinyl), Window Treatments (All)
    • Level: Main
    • Area: 63 Square Feet
    • Dimensions: 9X7
    Living room
    • Features: Flooring (Carpet), Window Treatments (All)
    • Level: Main
    • Area: 165 Square Feet
    • Dimensions: 15X11
    Heating
    • Natural Gas
    Cooling
    • None
    Appliances
    • Included: Range, Refrigerator
    • Laundry: None
    Features
    • 1st Floor Bedroom, 1st Floor Full Bath
    • Doors: Storm Door(s)
    • Windows: All
    • Basement: Crawl Space
    • Attic: Unfinished
    • Number of fireplaces: 1
    • Fireplace features: Wood Burning, Living Room
    Interior area
    • Total structure area: 779
    • Total interior livable area: 779 sqft
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 1
    • Parking features: Gravel, No Garage, Yes, Garage Owned, Attached, Garage
    • Attached garage spaces: 1
    Accessibility
    • Accessibility features: No Disability Access
    Features
    • Stories: 1
    Lot
    • Size: 8,000 Square Feet
    • Dimensions: 50 X 160
    • Features: Mature Trees
    Details
    • Additional structures: Guest House
    • Parcel number: 200902152014
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Bungalow
    • Property subtype: Single Family Residence
    Materials
    • Stucco
    • Foundation: Concrete Perimeter
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1945
    • Major remodel year: 1995
    Details
    • Builder model: BUNGALOW

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Park, Curbs, Sidewalks, Street Lights, Street Paved
    • Subdivision: Samuel Smith's
    HOA
    • Services included: None
    Location
    • Region: Rantoul

    Financial & listing details

    • Price per square foot: $121/sqft
    • Tax assessed value: $45,360
    • Annual tax amount: $865
    • Date on market: 7/18/2025
    • Ownership: Fee Simple
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    Estimated market value

    Not available

    Estimated sales range

    Not available

    $936/mo

    Price history

    Price history
    DateEventPrice
    1/7/2026Listed for sale$94,500$121/sqft
    Source: MRED as distributed by MLS GRID #12423847 Report a problem
    12/23/2025Contingent$94,500$121/sqft
    Source: MRED as distributed by MLS GRID #12423847 Report a problem
    12/18/2025Price change$94,500-13.3%$121/sqft
    Source: MRED as distributed by MLS GRID #12423847 Report a problem
    10/24/2025Price change$109,000-8.4%$140/sqft
    Source: MRED as distributed by MLS GRID #12423847 Report a problem
    7/18/2025Listed for sale$119,000$153/sqft
    Source: MRED as distributed by MLS GRID #12423847 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2024$865 +8.6%$15,120 +12.1%
    2023$797 -4.6%$13,490 +12%
    2022$835 -2.5%$12,050 +7.1%

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $660/mo
    Principal & interest
    $456
    Property taxes
    $171
    Home insurance
    $33

      Climate risks

      Neighborhood: 61866

      Nearby schools

      GreatSchools rating
      Schools provided by the listing agent
      • Elementary: Rantoul Elementary School
      • Middle: J.W. Eater Junior High School
      • High: Rantoul High School
      • District: 137

      Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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