About This Home
This 20-bedroom, 16-bathroom residential multi family at 1942 COUNTY ROAD 3000N in Rantoul, IL is listed for $685,000. Built in 1968, on a 1.45 acres lot.
Key Features
- Built in 1968
- 1.45 acre lot
- 2 stories
Property Details
Amenities
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. ________________________________________
Monthly Cost Estimate
$3,664/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1942 COUNTY ROAD 3000N
Rantoul, IL 61866
Property Details
Construction
Cooling
Questions & Answers
This 20-bedroom, 16-bathroom residential multi family at 1942 COUNTY ROAD 3000N is listed at $685,000. The estimated monthly payment is $3,664 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1968, 1.45 acre lot, 2 stories.
This property is listed by Herman Fogal and can be reached at (217) 892-2000.


