101 W Borman Drive Rantoul, IL ^$ 149,900

101 W Borman Drive

^$ 149,900

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101 W Borman Drive

Rantoul, IL, 61866

^$ 149,900

Studio Baths0.0

Monthly Estimate*

^$ 1,047

101 W Borman Drive, Rantoul, IL 61866 - Image 1

101 W Borman Drive, Rantoul, IL 61866 - Image 2

101 W Borman Drive, Rantoul, IL 61866 - Image 3

101 W Borman Drive, Rantoul, IL 61866 - Image 4

101 W Borman Drive, Rantoul, IL 61866 - Image 5

101 W Borman Drive, Rantoul, IL 61866 - Image 6

101 W Borman Drive, Rantoul, IL 61866 - Image 7

101 W Borman Drive, Rantoul, IL 61866 - Image 8

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Studio

Commercial Property for sale in Rantoul, IL

for $149,900. This building was built in 1942 on a lot size of 5.1.

Four solid brick dormitory buildings located on the former Chanute Air Force Base in Rantoul, IL. There are 72 units in Each building. 3 story. 24 units with 2 full bathrooms on each level. Totally 288 units in these square buildings. Potential multiple uses, inexpensive investment.

Commercial Active

Price

^$ 149,900

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 3,610

Style

Lot Size

5.1

Year Built

1942

Town/City

Rantoul

County/Region

Champaign

MLS | Web ID

11640328

Features

General

Cooling Central Air

Zoning COMMR

Construction Materials Brick Concrete

Year Built 1942

Tenant Pays Other

Stories 3

Township Rantoul

Tax Year 2021

County Champaign

Net Operating Income 0

Operating Expense 4000

Property Type Commercial Sale Instut/To Develop

Possible Use Commercial Condominium Development Multi-Family

Status Active

Directions US-45 to W Borman Dr

City Rantoul

MLS Area Dewey / Fisher / Flatville / Foosland / Gifford / Ludlow / Penfield / Rantoul / Thomasboro

Street Name Borman

Tax Annual Amount 3610.52

Additional Parcels Y/N N

Virtual Tour https://tours.databasedads.com/4351837/101-W-Borman-Dr-Rantoul-IL?u=1

Days on Market 359

Standard Status Active

Exterior

Foundation Details Brick/Mortar Concrete Perimeter

Lot Dimensions 437.75 X 507

Lot Size Acres 5.1

Exterior Brick

Interior

Street Suffix Drive

* Excluded Features

List By

Coldwell Banker R.E. Group

Broker

jing.allen@yahoo.com

Affordability Calculator

$1,348

Per Month

Monthly Principal & Interest: $1,047
Monthly Property Taxes: $301
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Rantoul, IL

Average List Price ^$382,353

Percent of Sale Price 155%

About Rantoul, IL

12,369 Population

-3% Since 2002

^$41,296 Median Income

34.45 Median Age

32% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/28/2022	$149,900		Listed Price

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101 W Borman Drive, Rantoul, IL, 61866 is a Commercial Property for sale at $149,900 with a lot size of 5.1. 101 W Borman Drive is a studio with 0.0 baths and was built in 1942. The property's zip code is 61866 which is in Rantoul, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 4/29/2024.

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101 W Borman Drive

Commercial Property for sale in Rantoul, IL

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