1942 COUNTY ROAD 3000N Road Rantoul, IL $ 695,000
1942 COUNTY ROAD 3000N Road
$ 695,000
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1942 COUNTY ROAD 3000N Road

Rantoul, IL, 61866
$ 695,000
Bedrooms3 Baths0.0 Sq 8,916

Monthly Estimate*

$ 4,336

1942 COUNTY ROAD 3000N Road, Rantoul, IL 61866 - Image 1
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1942 COUNTY ROAD 3000N Road, Rantoul, IL 61866 - Image 8
1942 COUNTY ROAD 3000N Road, Rantoul, IL 61866 - Image 9
1942 COUNTY ROAD 3000N Road, Rantoul, IL 61866 - Image 10
1942 COUNTY ROAD 3000N Road, Rantoul, IL 61866 - Image 11
1942 COUNTY ROAD 3000N Road, Rantoul, IL 61866 - Image 12
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Multi-Family Home for sale in Rantoul, IL

for $695,000 with 3 bedrooms. This 8,916 square foot home was built in 1968 on a lot size of 1.45.

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. ________________________________________

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Multi-Family Active

Price

$ 695,000

Bedrooms

3

Property Type

Multi-Family

Taxes

$ 6,825

Style

Multi-Family

Lot Size

1.45

Year Built

1968

Town/City

Rantoul

County/Region

Champaign

MLS | Web ID

12353416

Features
General
Sewer Septic Tank
Cooling Window Unit(s)
Possession Closing
Roof Membrane
Zoning OTHER
Association Fee Includes None
Construction Materials Brick
Year Built 1968
Electric Circuit Breakers
Tenant Pays Electricity
Stories Count 2
Township HARWOOD
Tax Year 2023
Current Use Multi-Family
Gross Income 88200
County Champaign
Net Operating Income 66062
Operating Expense 22438
Insurance Expense 500
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 200
Status Active
Directions EAST FROM RANTOUL ON RT 136 JUST PAST THE OLD BELL SPORTS COMPLEX ON NORTH SIDE OF HIGHWAY.
City Rantoul
Number Of Units Total 16
MLS Area Northern Champaign County / Ford County
Lot Size Square Feet 63732
Tax Annual Amount 6825
Electric Expense 120
Fuel Expense 1
Trash Expense 430
Water Sewer Expense 200
Additional Parcels Y/N N
Standard Status Active
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Interior
Basement None
Total Fireplaces 0
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Exterior
Water Source Well
Foundation Details Concrete Perimeter
Building Area Total 8916
Lot Dimensions 254 X 291 X 108 X 68 X 127 X 222
Lot Size Acres 1.45
Frontage Type State Road
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* Excluded Features
List By
Realty 2000,Inc

Broker

hfogal@aol.com

Email

Affordability Calculator

$4,905
Per Month
88%
12%
0%
Monthly Principal & Interest
$4,336
Monthly Property Taxes
$569
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/2/2025$695,000 Listed Price

Map


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1942 COUNTY ROAD 3000N Road, Rantoul, IL, 61866 is a Multi-Family Home for sale at $695,000 with 8,916 sqft and a lot size of 1.45. 1942 COUNTY ROAD 3000N Road has 3 bedrooms, 0.0 baths, and was built in 1968. The property's zip code is 61866 which is in Rantoul, IL