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$ 695,000
Est. payment /mo
Active
1942 COUNTY ROAD 3000N Road Rantoul, IL 61866
8,916 SqFt
UPDATED:
Key Details
Property Type Commercial
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
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
Zoning OTHER
Rooms
Basement None
Interior
Cooling Window Unit(s)
Fireplace Y
Exterior
View Y/N true
Roof Type Membrane
Building
Foundation Concrete Perimeter
Sewer Septic Tank
Water Well
Structure Type Brick
Others
HOA Fee Include None
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Herman Fogal • REALTY 2000,INC