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1320 Mccullough Street

Rantoul, IL 61866
  • $469,900
  • STATUS: Active Under Contract
  • ON SITE: 109 days
  • MLS #: 11043028
Under Contract
UPDATED: 33 min ago
$469,900
  • 0
    BEDS
  • 4.95
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 38,640
    SQFT
  • $12
    $/SQFT

School Ratings & Info

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!

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© 2021 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 eXp Realty. Based on information submitted to the MRED as of 2021-07-24T16:53:09.243 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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1320 Mccullough Street Rantoul, IL 61866

  • Price: $469,900
  • Status: Active Under Contract
  • Updated: 33 min ago
  • MLS #: 11043028
0
Beds
0
Baths
0
½ Baths
4.95
Acres
38,640
SQFT
$12
$/SQFT
1950
Built
Neighborhood:
Dewey / Fisher / Flatville / Foosland / Gifford / Ludlow / Penfield / Rantoul / Thomasboro
County:
Champaign
Area:
Dewey / Fisher / Flatville / Foosland / Gifford / Ludlow / Penfield / Rantoul / Thomasboro
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!
Exterior Features

Construction Materials Block Foundation Details Concrete Perimeter Frontage Type City Street Land Amenities Curbs And GuttersSidewalksCable Ready Location CornerPark AdjacentPublic Transport Avail Miscellaneous Outside CourtyardEnclosed Stairs Outdoor Parking Over 100 SpacesCommon Parking Parking Total 100 Roof Metal Roof Structure Pitched

Interior Features

Basement Description None Cooling None Electric Circuit Breakers0-100 Amps Fire Protection Hydrants On SiteSmoke Or Fire Protectors Fireplaces Total 0 Heat Ventilation Electric Miscellaneous Inside Inside Corridor/S Number Of Bedrooms Type5 0 Number Of Bedrooms Type6 0 Number Of Bedrooms Unit1 1 Number Of Bedrooms Unit2 2 Number Of Bedrooms Unit3 2 Number Of Bedrooms Unit4 0 Number Of Dishwashers 0 Number Of Disposals 0 Number Of Dryers 0 Number Of Full Bathrooms Type1 1 Number Of Full Bathrooms Type2 1 Number Of Full Bathrooms Type3 1 Number Of Ranges 0 Number Of Refrigs 0 Number Of Rooms Unit Five 0 Number Of Rooms Unit Four 0 Number Of Rooms Unit Six 0 Number Of Rooms Unit1 3 Number Of Rooms Unit2 4 Number Of Rooms Unit3 4 Number Of Rooms Unit7 0 Number Of Units Apt Type1 8 Number Of Units Apt Type2 32 Number Of Units Apt Type3 2 Number Of Units Apt Type4 0 Number Of Units Apt Type5 0 Number Of Units Apt Type6 0 Number Of Units Apt Type7 0 Number Of Washers 0 Number Of Window Ac 0

Property Features

Additional Parcels YN Yes Built Before1978 YN Yes Current Use Multi-Family Electric Expense 64923 Expense Year 2020 Exterior Building Type Block Fuel Expense 0 Gross Income 1 Gross Scheduled Income 135152 Insurance Expense 6401 Janitor Expense 00 Known Encumbrances First Mortgage Lot Size Dimensions 572 X 378 Maintenance Expense 12503 Monthly Income Max1 465 Monthly Income Max2 645 Monthly Income Max3 750 Net Operating Income Year 2020 Operating Expense 115833 Other Expense 5500 Owners Assoc YN No Possible Use Multi-Family Tax Annual Amount 12320 Tax Year 2019 Tenant Pays ElectricitySewer Total Monthly Income 1 Trash Expense 912 Type Multi Family Corridor-Interior Entrance Unincorporated YN No Utilities Sanitary SewerSewer-Storm AvailableWater-Municipal Washer Dryer Leased YN No Water Sewer Expense 0 Zoning Multi

Listing information © 2021 Midwest Real Estate Data LLC.
Listing provided courtesy of Exp Realty Llc-Maho.


© 2021 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 eXp Realty. Based on information submitted to the MRED as of 2021-07-24T16:53:09.243 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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