515 Grove Ave
Rantoul, IL 61866
5 bd 2 ba 2,578 sqft Built 1935 Lot 7,841 sqft single_family
Most recent sale
$144,900
Dec 22, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Dec 22, 2022 | Sold | $144,900 | MRED |
| Nov 7, 2022 | Price changed | $144,900 | MRED |
| Oct 19, 2022 | Listed | $149,000 | MRED |
| Oct 5, 2015 | Sold | $98,000 | Public Record |
| Aug 5, 2015 | Listing removed | $109,900 | ChampaignArea |
| Jul 28, 2015 | Price changed | $109,900 | ChampaignArea |
| Jul 16, 2015 | Listed | $129,900 | ChampaignArea |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $50,290 | $5,860 | $56,150 | $4,282 |
| 2023 | $45,800 | $5,340 | $51,140 | $3,990 |
| 2022 | $36,480 | $4,250 | $40,730 | $3,666 |
| 2021 | $34,060 | $3,970 | $38,030 | $3,469 |
| 2020 | $32,910 | $3,840 | $36,750 | $3,194 |
| 2019 | $31,610 | $3,690 | $35,300 | $3,037 |
| 2018 | $29,990 | $3,500 | $33,490 | $3,193 |
| 2017 | $29,140 | $3,400 | $32,540 | $3,185 |
| 2016 | $29,140 | $3,400 | $32,540 | $3,122 |
| 2015 | $40,030 | $3,400 | $43,430 | $2,443 |
| 2014 | $40,030 | $3,400 | $43,430 | $2,402 |
| 2013 | $40,930 | $3,480 | $44,410 | $2,336 |
| 2012 | $40,930 | $3,480 | $44,410 | $2,329 |
| 2011 | $43,130 | $3,670 | $46,800 | $2,186 |
| 2010 | $44,740 | $3,810 | $48,550 | $2,054 |
| 2009 | $44,740 | $3,810 | $48,550 | $2,001 |
| 2008 | $45,650 | $3,890 | $49,540 | $2,014 |
| 2006 | $41,840 | $3,570 | $45,410 | $2,131 |
| 2005 | $40,080 | $3,420 | $43,500 | $2,181 |
Property facts
Year built
1935
Property type
single_family
Stories
2
Beds
5
Baths
2
Living area
2,578 sqft
Lot size
7,841 sqft
ZIP code
61866
City
Rantoul
Street
Grove Ave
Coordinates
40.31240, -88.15156
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$869
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 515 Grove Ave last sell?
515 Grove Ave most recently sold on Dec 22, 2022 for $144,900.
What is the current tax assessment for 515 Grove Ave?
The most recent total assessment for 515 Grove Ave (year 2024) is $56,150 with $4,282 in property tax.
How does 515 Grove Ave's assessment compare to its last sale price?
The current assessment is 61.2% below the last sale price of $144,900.
When was 515 Grove Ave built?
515 Grove Ave was built in 1935.
How does 515 Grove Ave compare to others on Grove Ave?
We track 8 other properties on Grove Ave. Browse the list under "Other properties on Grove Ave" to compare beds, baths, and sale history.
What are the property facts for 515 Grove Ave?
515 Grove Ave is a 5 bed, 2 bath, 2,578 sqft, 7,841 sqft lot single_family.
Is 515 Grove Ave a flip candidate?
No — 515 Grove Ave does not appear in our flips dataset.
Is 515 Grove Ave a tax-appeal candidate?
No — 515 Grove Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.5%
Implied 1-yr
-1.9%
2026 Q3
$129.3K
2026 Q4
$129.3K
ZIP 61866 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Grove Ave