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1942 County Road 3000N Road

Rantoul, IL 61866
  • $695,000
  • STATUS: Pending
  • ON SITE: 267 Days
  • MLS #: 12353416
Pending
UPDATED: 97 min ago
$695,000
  • 0
    BEDS
  • 1.45
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1968
County:
Area:

School Ratings & Info

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.

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© 2026 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Leila Keene & Marjorie Allabastro Team | Baird & Warner. Based on information submitted to the MRED as of 2026-01-24T22:59:53.467 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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1942 County Road 3000N Road Rantoul, IL 61866

  • Price: $695,000
  • Status: Pending
  • On Site: 267 Days
  • Updated: 97 min ago
  • MLS #: 12353416
0
Beds
0
Baths
0
½ Baths
1.45
Acres
1968
Built
Neighborhood:
Champaign
County:
Champaign
Area:
Champaign
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.
Exterior Features

Foundation Details Concrete Perimeter Frontage Type State Road Land Amenities Lighting/Exterior Outdoor Parking 31-50 Spaces Roof Membrane Roof Structure FlatPitched

Interior Features

Basement Details None Cooling Window Unit(s) Fireplaces Total 0 Heat Ventilation Electric Number Of Dishwashers 0 Number Of Dryers 0 Number Of Ranges 16 Number Of Washers 0

Property Features

Additional Parcels YN No Approximate Age Older Association Fee Includes None Building Area Total 8916 Built Before1978 YN Yes Current Use Multi-Family Electric Circuit Breakers Fire Protection Smoke or Fire Protectors Gross Income 88200 Gross Scheduled Income 88200 Insurance Expense 500 Location Mixed Use AreaNot in City Limits Maintenance Expense 200 Mls Actual Status Pending Net Operating Income 66062 Operating Expense 22438 Ownership Types General Partnership Seller Needs Cash Seller Will Other Sewer Septic Tank Tax Annual Amount 6825 Tax Year 2023 Tenant Pays ElectricityAll Utilities Total Monthly Income 7350 Township HARWOOD Type Multi Family 5+ Water Source Well Zoning OTHER

Listing information © 2026 Midwest Real Estate Data LLC.
Listing provided courtesy of REALTY 2000,INC: .


© 2026 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Leila Keene & Marjorie Allabastro Team | Baird & Warner. Based on information submitted to the MRED as of 2026-01-24T22:59:53.467 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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