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Rantoul 61866
1332 Sunset Drive
$25,000
● House - Off Market

1332 Sunset Drive

Rantoul, IL 61866
bedrooms
2 Beds
bathrooms
1 Bath
square feet
775 Ft²
$173
Est. Monthly
59.78%
Cap Rate

About This Property

Sold at list
Unit Size
775 Ft²
Days on Market
-
Land Size
-
Price per sqft
$32
Property Type
House
Property Taxes
$50
HOA Dues
-
Year Built
1950

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 2 years ago (MRED MLS #12300807)

Price History

Date / Event Date Event Price
Mar 14, 2025 Sold
Premium
Sold
Feb 28, 2025 Listed by RYAN DALLAS REAL ESTATE $25,000
Listed by RYAN DALLAS REAL ESTATE

Property Highlights

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 2
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 775
  • Garage Type: 1
  • Garage Square Area: 320
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,030
  • Total Building Area: 1,095
  • Gross Building Area: 1,095
  • Building Area: 775
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 3
  • Heated Square Feet: 775
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PRAIRIE VIEW PARK ADD 2
  • Land Acres: 0000000138
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 108 PRAIRIE VIEW PARK ADD 2

Neighborhood

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

Geography

  • District: 20
  • Parcel: 20-09-02-231-010
  • Lot: 108
  • Meridian: SEC 02 TWN 21N RNG 09E
  • Municipality: RANTOUL
  • Latitude: 40.3088
  • Longitude: -88.1387

    Address

  • Full Address: 1332 Sunset Dr
  • Address - House Number: 1332
  • Address - Street Name: Sunset
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Rantoul
  • Carrier Code: C002
  • 4-Digit Zip Code: 2638
  • Zip Code: 61866

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $57,750
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 2005

    Appraisal Valuation

  • Standard Deviation: 0.2638
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 62
  • Final Value: 48,107
  • High Value: 60,801
  • Low Value: 35,414

    Market Valuation

  • Market Total Value: $31,860
  • Market Land Value: $7,380
  • Market Improvement Value: $24,480

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $10,620
  • Assessed Land Value: $2,460
  • Assessed Improvements Value: $8,160

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 15, 2013
  • Current Sale Recording Date: Apr 01, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 2013R07440
  • Previous Sale Recording Date: Aug 09, 2012
  • Previous Sale Contract Date: Aug 02, 2012
  • Previous Sale Document Type: 64
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:

$139,975

Sale Price/ft²

$118

Below Asking

0.02%

Average Days on Market

54

Average Home Size

1749 ft²

Average Home Age

55 years

Currently For Sale

11 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

Rentals Near You

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MRED

Listed by: Ryan Dallas, RYAN DALLAS REAL ESTATE
Last Updated: 2 years ago
Data Source: MRED, MLS# 12300807
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 1332 Sunset Drive built and last sold?
The property at 1332 Sunset Drive was built in 1950 and last sold on Mar 15, 2013 for $11,000.
How much is this home worth?
The estimated value of the home located at 1332 Sunset Drive is $0.
What are some comparable homes to 1332 Sunset Drive?
There are currently no comparable homes to 1332 Sunset Drive.
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