1942 COUNTY ROAD 3000N RD Active

Rantoul,IL 61866

$ 695000

- Bed

0 Bath

8916 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 8,916 sqft

Price per Sqft $77

MLS Listing ID 12353416

Maintenance Fees $200

Year Built 1968

Annual Tax Amount $6,825

Tax Year 2023

Lot Size 1.450 Acres

Lot Dimensions 254 X 291 X 108 X 68 X 127 X 222

Property Sub-Type Multi Family 5+

Property Description

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. ________________________________________

Location

State IL

County Champaign

Area Northern Champaign County / Ford County

Zoning OTHER

Rooms

Basement None

Interior

Cooling Window Unit(s)

Fireplace N

Exterior

Roof Type Membrane

Building

Dwelling Type Multi Family 5+

Sewer Septic Tank

Water Well

Level or Stories 2

Structure Type Brick

Others

HOA Fee Include None

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