Rankin, Illinois, is a small village in Vermilion County, located in the heart of the Midwest, with a population of around 500 residents. Known for its quiet, rural charm, Rankin offers a tight-knit community atmosphere surrounded by vast farmlands and open spaces. The village features essential amenities like a post office, a few local businesses, and community spaces such as Rankin Community Park, which hosts events and gatherings. With its proximity to larger towns like Champaign-Urbana, Rankin provides a peaceful retreat while still offering access to urban conveniences, making it a quintessential slice of small-town America.

Rankin currently has 4 single family homes for sale with an average list price of $132,450 and 7 lots for sale with an average list price of $27,800. The average annual property tax for Rankin is $2,175.37.