Rantoul, IL 61866,1320 MCCULLOUGH ST
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Rantoul, IL 61866,1320 MCCULLOUGH ST
Rantoul, IL 61866,1320 MCCULLOUGH ST

$420,000

Est. payment /mo

$469,900

10.6%
Est.Price: ?

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1320 MCCULLOUGH ST Rantoul, IL 61866

38,640 SqFt

SOLD DATE : 10/01/2021

Key Details

Sold Price $420,000

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Sold

Purchase Type For Sale

Square Footage 38,640 sqft

Price per Sqft $10

MLS Listing ID 11043028

Maintenance Fees $12,503

Year Built 1950

Annual Tax Amount $12,320

Tax Year 2019

Lot Size 4.950 Acres

Property Description

Calling all Investors!!! CASH FLOW! Here you go!! 40 Units!!! This property features 32 two bedroom Units and 8 one bedroom units!!! The two bedroom units feature a combined living room and kitchen along with separate sink and bathroom rounding in at about 712 Sq Ft. The one bedroom units feature a kitchen/living room area with a bedroom and 1 bathroom right around 593 sq ft. There is also a duplex on site featuring two bedrooms, 1 bath, living/kitchen area for a total of 755 Sq Ft. The property features new metal roofs put on in 2016 and updated baseboard heat for the units rented. This property has 3 separate parcels all adding up to just a little under 5 acres in the growing community of Rantoul! The one bed units go for $545 per month and the two bed units for $645 per month. All utilities included with rent with some units converted already to electric heat. Some units still need heat conversion, repairs, and paint. Great location with tons of parking! This one just really needs a hungry investor who wants to fill this up and have a great investment!

Location

State IL

County Champaign

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

Zoning MULTI

Interior

Cooling None

Exterior

Utilities Available Sanitary Sewer, Sewer-Storm Available, Water-Municipal

Roof Type Metal

Building

Structure Type Block

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Midwest Real Estate Data (MRED) IDX
Listed by Nate Evans • eXp Realty,LLC-Maho
Bought with Herman Fogal • REALTY 2000,INC

Pat Smarto

Managing Broker / Owner | License ID: 471.000052,

+1(847) 338-3848

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