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Rantoul 61866
1060 Englewood Drive
$147,500
● House - Off Market

1060 Englewood Drive

Rantoul, IL 61866
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,278 Ft²
$981
Est. Monthly
13.65%
Cap Rate

About This Property

This adorable and well-maintained brick ranch offers over 1,200 square feet of comfortable living space, all nestled on a spacious corner lot. Inside, you'll love the timeless beauty of hardwood floors flowing throughout the home and the abundance of natural light from the inviting 4-seasons room - perfect for relaxing year-round. The kitchen features sleek stainless steel appliances that offer both function and style. With recent updates including a new roof in 2021 and a new HVAC system in 2023, you can move in with peace of mind and start enjoying your new home right away. Conveniently located near Northview Elementary, shopping, dining, and more - this home is ideal for anyone looking for comfort and convenience. Don't miss your chance to make this gem your own!
Unit Size
1,278 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$117
Property Type
House
Property Taxes
$244
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,120
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BEL AIR 3RD ADD
  • Land Acres: 0000000140
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 25 BEL AIR 3RD ADD

Neighborhood

  • School District Name: Rantoul City School District 137
  • School Tax School District: 101
  • Census Tract: 010100

Geography

  • District: 14
  • Parcel: 14-03-35-405-025
  • Lot: 25
  • Meridian: SEC 35 TWN 22N RNG 09E
  • Municipality: LUDLOW
  • Latitude: 40.3165
  • Longitude: -88.1434

    Address

  • Full Address: 1060 Englewood Dr
  • Address - House Number: 1060
  • Address - Street Name: Englewood
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Rantoul
  • Carrier Code: C005
  • 4-Digit Zip Code: 1639
  • Zip Code: 61866

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $246,540
  • Tax Rate Code Area: 1405

    Appraisal Valuation

  • Standard Deviation: 0.2638
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 62
  • Final Value: 131,436
  • High Value: 166,117
  • Low Value: 96,756

    Market Valuation

  • Market Total Value: $87,330
  • Market Land Value: $11,340
  • Market Improvement Value: $75,990

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $29,110
  • Assessed Land Value: $3,780
  • Assessed Improvements Value: $25,330

    Sales

  • Current Sale Contract Date: Nov 15, 2021
  • Current Sale Recording Date: Nov 15, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021R27010
  • Previous Sale Recording Date: Feb 06, 2017
  • Previous Sale Contract Date: Jan 03, 2017
  • Previous Sale Amount: $70,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Rantoul

Stats & Trends

Median Asking:

$140,000

Sale Price/ft²

$118

Below Asking

0.02%

Average Days on Market

54

Average Home Size

1544 ft²

Average Home Age

54.3 years

Currently For Sale

10 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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MRED

Listed by: Mark Waldhoff, KELLER WILLIAMS-TREC
Data Source: MRED, MLS# MRD12413935
All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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 IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 1060 Englewood Drive built and last sold?
The property at 1060 Englewood Drive was built in and last sold on Nov 15, 2021 for $125,000.
How much is this home worth?
The estimated value of the home located at 1060 Englewood Drive is $151,914.
What are some comparable homes to 1060 Englewood Drive?
There are currently no comparable homes to 1060 Englewood Drive.
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