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Rantoul 61866
121 N Scott Street
$9,000
● Land - Off Market

121 N Scott Street

Rantoul, IL 61866
bedrooms
Studio
bathrooms
0 Bath
$12,277
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

EXCELLENT FLAT RESIDENTIAL LOT, BACKYARD ADJACENT TO FISHING LAKE AND COMMUNITY PARK..EASY ACCESS TO INTERSTATE 57, CLOSE TO PARK, LAKE, DOWNTOWN RANTOUL, FAST FOOD DINING AND WALMART. VILLAGE STREETS, CURB AND DRIVEWAY INSTALLED.  Community Bike/Walking Path around Lakes is in front of Lot.
Unit Size
-
Days on Market
-
Land Size
0.26 acres
Price per sqft
-
Property Type
Land
Property Taxes
$37
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.

Last updated: 3 years ago (MRED MLS #09487140)

Price History

Date / Event Date Event Price
Jul 29, 2022 Sold
Premium
Sold
Jul 14, 2016 Listed by REALTY 2000,INC $12,000
Listed by REALTY 2000,INC

Property Highlights

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
  • 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: 11,130
  • 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: V
  • Subdivision: COONS 1ST ADD
  • Land Acres: 0000000256
  • Standard Land Use Code: 8000
  • County Land Use Code: 0030
  • Legal Description 1: LOTS PT 1, PT 2, PT 3, PT 4 COONS 1ST ADD

Neighborhood

  • School District Name: Rantoul City School District 137
  • School Tax School District: 101
  • Census Tract: 010204

Geography

  • District: 20
  • Parcel: 20-09-03-201-008
  • Block: 2
  • Lot: 4
  • Meridian: SEC 03 TWN 21N RNG 09E
  • Municipality: RANTOUL
  • Latitude: 40.3114
  • Longitude: -88.1624

    Address

  • Full Address: 121 N Scott St
  • Address - House Number: 121
  • Street Direction: N
  • Address - Street Name: Scott
  • Address - Suffix Type: St
  • State: IL
  • City Name: Rantoul
  • Carrier Code: C008
  • 4-Digit Zip Code: 2233
  • Zip Code: 61866

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $48,242
  • Tax Rate Code Area: 2005

    Market Valuation

  • Market Total Value: $13,140
  • Market Land Value: $13,140

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $4,380
  • Assessed Land Value: $4,380

    Sales

  • Current Sale Contract Date: Jul 27, 2022
  • Current Sale Recording Date: Aug 02, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 14221
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

$117

Below Asking

0.02%

Average Days on Market

52

Average Home Size

1626 ft²

Average Home Age

54.3 years

Currently For Sale

8 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: Herman Fogal, REALTY 2000,INC
Last Updated: 3 years ago
Data Source: MRED, MLS# 09487140
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 121 North Scott Street built and last sold?
The property at 121 North Scott Street was built in and last sold on Jul 27, 2022 for $34,666.
How much is this home worth?
The estimated value of the home located at 121 North Scott Street is $0.
What are some comparable homes to 121 North Scott Street?
There are currently no comparable homes to 121 North Scott Street.
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