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    1320 Mccullough Street

    Rantoul, IL 61866
    • $469,900
    • STATUS: Active Under Contract
    • ON SITE: 171 days
    • MLS #: 11043028
    Under Contract
    UPDATED: 39 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 The Wexler Group | Keller Williams Preferred Realty. Based on information submitted to the MRED as of 2021-09-24T16:08:37.127 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: 39 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

    Exterior Building Type Block Foundation Details Concrete Perimeter Frontage Type City Street Land Amenities Curbs And GuttersSidewalksCable Ready Outdoor Parking Over 100 SpacesCommon Parking Parking Total 100 Roof Metal Roof Structure Pitched

    Interior Features

    Basement None Cooling None Fireplaces Total 0 Heat Ventilation Electric Miscellaneous Inside Inside Corridor/S Number Of Dishwashers 0 Number Of Dryers 0 Number Of Ranges 0 Number Of Washers 0

    Property Features

    Additional Parcels YN Yes Approximate Age Older Building Area Total 38640 Built Before1978 YN Yes Contingency Attorney/Inspection Continue To Show No - Has Seller Written Direction Current Use Multi-Family Electric Circuit Breakers0-100 Amps Fire Protection Hydrants On SiteSmoke Or Fire Protectors Gross Income 1 Gross Scheduled Income 135152 Insurance Expense 6401 Location CornerPark AdjacentPublic Transport Avail Maintenance Expense 12503 Net Operating Income 4990 Operating Expense 115833 Ownership Types Limited Partnership Possible Use Multi-Family Seller Needs Cash Tax Annual Amount 12320 Tax Year 2019 Tenant Pays ElectricitySewer Total Monthly Income 1 Type Multi Family 5+ Utilities Sanitary SewerSewer-Storm AvailableWater-Municipal 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 The Wexler Group | Keller Williams Preferred Realty. Based on information submitted to the MRED as of 2021-09-24T16:08:37.127 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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