$420,000
$469,900
10.6%For more information regarding the value of a property, please contact us for a free consultation.
1320 MCCULLOUGH ST Rantoul, IL 61866
38,640 SqFt
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
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Herman Fogal • REALTY 2000,INC