Rantoul, IL 61866 1942 COUNTY ROAD 3000N Road
$685,000



13 more













Presented By: REALTY 2000,INC
Home Details
This well-maintained, all-brick apartment complex consists of two buildings with durable rolled rubber roofs, offering a total of 16 units. This is a solid, income-producing property with a strong maintenance record and excellent rental appeal. The south building includes four two-bedroom apartments and two one-bedroom apartments, while the north building features ten one-bedroom units. Each apartment is equipped with electric heat, an electric water heater, and an electric cooking range-there is no gas service to the units. The property is serviced by its own well and septic systems, with new septic systems installed in 2017 and 2022, ensuring reliable infrastructure. All apartments include either window or wall-mounted air conditioning units, and the owner provides refrigerators, ranges, and A/C units. Tenants are responsible for all utilities, making this a low-maintenance investment for the owner. The complex also offers ample parking directly in front of the buildings, adding to tenant convenience. The owners are motivated to sell, presenting a great opportunity for investors seeking a dependable and well-cared-for asset. ________________________________________
Presented By: REALTY 2000,INC
Interior Features for 1942 COUNTY ROAD 3000N Road
Other Interior Features
BasementNone
Total Fireplaces
General for 1942 COUNTY ROAD 3000N Road
Additional Parcels Y/NNo
Association Fee IncludesNone
CityRantoul
Construction MaterialsBrick
CoolingWindow Unit(s)
CountyChampaign
Current UseMulti-Family
DirectionsEAST FROM RANTOUL ON RT 136, JUST PAST THE OLD BELL SPORTS COMPLEX ON NORTH SIDE OF HIGHWAY.
ElectricCircuit Breakers
Electric Expense120
Fuel Expense1
Gross Income88200
Insurance Expense500
Lot Size Square Feet63732
MLS AreaNorthern Champaign County / Ford County
MaintenanceExpense200
Net Operating Income66062
Number Of Units Total16
Operating Expense22438
PossessionClosing
Property TypeCommercial Sale
Property TypeMulti Family 5+
RoofMembrane
SewerSeptic Tank
Standard StatusActive
StatusActive
Stories Count2
Tax Annual Amount6825
Tax Year2023
Tenant PaysElectricity, All Utilities
TownshipHARWOOD
Trash Expense430
Water Sewer Expense200
Year Built1968
ZoningOTHER
Exterior for 1942 COUNTY ROAD 3000N Road
Building Area Total8916
Foundation DetailsConcrete Perimeter
Frontage TypeState Road
Lot Dimensions254 X 291 X 108 X 68 X 127 X 222
Lot Size Acres1.45
Water SourceWell
Additional Details
Price History

SQFT • 8,916