16-Unit Brick Apartment
For Sale
$695,000
1942 County Road 3000 North, Rantoul, IL 61866
Two residential buildings offer a defined unit mix, private utility systems, resident parking, and owner-supplied appliances.
Property Size63,732 SF
Price / SF$10.91
Days on Market497
Property Features for 1942 County Road 3000 North
General Information
Standard status
Active
Size
63,732 SF
Property subtype
Multi Family 5+ / Corridor-Exterior Entrance
Zoning
OTHER
Net Operating Income
$66,062
Units
Unit Mix
4 x 2BR, 12 x 1BR
Multifamily Units
16
Additional Details
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$6,825
Building Details
Year Built
1968
Buildings
2
Stories
2
Construction
brick
Listing Agency:
REALTY 2000,INC
(217) 840-1941
Listed By:
Herman Fogal · License #475098977
(217) 840-1941
Source:
Compass
Added: Apr 21, 2025
Changed: Aug 30
Last Checked: Aug 30 at 1:41AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of REALTY 2000,INC
Investment Insights
Based on property information with market context.
The property comprises two all-brick apartment buildings constructed in 1968 with 16 units in total. The south building contains four two-bedroom apartments and two one-bedroom apartments, while the north building adds ten one-bedroom apartments. Each unit has electric heat, an electric water heater, and an electric range, with no gas service. Window or wall-mounted air conditioning is provided, along with owner-supplied refrigerators, ranges, and air-conditioning units.
Located at 1942 County Road 3000 North in Rantoul, Illinois, the complex operates with a private well and septic systems. Septic replacements were completed in 2017 and 2022. Parking is positioned directly in front of the buildings, and tenants are responsible for all utilities. The buildings have rolled rubber roofing and the property is identified with OTHER zoning.
Located at 1942 County Road 3000 North in Rantoul, Illinois, the complex operates with a private well and septic systems. Septic replacements were completed in 2017 and 2022. Parking is positioned directly in front of the buildings, and tenants are responsible for all utilities. The buildings have rolled rubber roofing and the property is identified with OTHER zoning.
Key Highlights
- 16 total units across two all‑brick apartment buildings
- Unit mix includes four two‑bedroom apartments and twelve one‑bedroom apartments
- Private well and septic systems; new septic systems installed in 2017 and 2022
Property Analytics
Property Profile
Current Use
Lease Details
16
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
12
Businesses Nearby
Explore this area
Business Placement
Demographics for 61866, IL
13,459
Population
6,280
Households
2.1
Avg Household Size
37
Median Age
13%
College-Educated
91%
High-School Grad
80.0 sq mi
ZIP Area
168
Density / Sq Mi
$51,389
Median Household Income
$38,439
Median Earnings
$892
Median Rent
$111,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Two residential buildings offer a defined unit mix, private utility systems, resident parking, and owner-supplied appliances.
Where is this apartment building located?
The property is located at 1942 County Road 3000 North Rantoul, IL.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: 16 total units across two all‑brick apartment buildings; Unit mix includes four two‑bedroom apartments and twelve one‑bedroom apartments; Private well and septic systems; new septic systems installed in 2017 and 2022
