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Rantoul 61866
1444 Pine Avenue
$170,000
● House - Off Market

1444 Pine Avenue

Rantoul, IL 61866
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,460 Ft²
$1,043
Est. Monthly
12.20%
Cap Rate

About This Property

This Home Has Some Nice Updates With Room To Do More To "Make It Yours". The Spacious Kitchen Is Truly The Heart Of This Home. There Are Lots Of Cabinets, A Large Island With A Hard Surface Countertop, And Plenty Of Room For A Dining Table. You'll Appreciate The Tile Backsplash & Sleek Cabinet Pulls. The Laundry Room Is Conveniently Located Off The Kitchen. There Is A Big Pantry Leading To A Bonus Room That Would Be Ideal For An Exercise Or Crafting Space.  All Bedrooms Have Ceiling Fans & The Living Room And Kitchen Do As Well. Most Of The Home Has Laminate Or Vinyl Plank Flooring. There's A Wonderful Fully Fenced Backyard, And The Roof Was Replaced This Fall 2024. Complete With A One Year Home Warranty For The Buyer. Rantoul Is Growing & Thriving With New Retail, Restaurants, And The Sports Complex!
Unit Size
1,460 Ft²
Days on Market
-
Land Size
-
Price per sqft
$113
Property Type
House
Property Taxes
$232
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: 2 years ago (MRED MLS #12218128)

Price History

Date / Event Date Event Price
Jan 13, 2025 Sold
Premium
Sold
Dec 11, 2024 In contract -
In contract
Dec 3, 2024 Listed by Coldwell Banker R.E. Group $165,000
Listed by Coldwell Banker R.E. Group

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
  • 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: 11,957
  • 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: BETHANY PARK 4TH ADD
  • Land Acres: 0000000274
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 46 BETHANY PARK 4TH ADD

Neighborhood

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

Geography

  • District: 14
  • Parcel: 14-03-36-352-007
  • Lot: 46
  • Meridian: SEC 36 TWN 22N RNG 09E
  • Municipality: LUDLOW
  • Latitude: 40.3149
  • Longitude: -88.1336

    Address

  • Full Address: 1444 Pine Ave
  • Address - House Number: 1444
  • Address - Street Name: Pine
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Rantoul
  • Carrier Code: C010
  • 4-Digit Zip Code: 2023
  • Zip Code: 61866

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $251,768
  • Tax Rate Code Area: 1405

    Appraisal Valuation

  • Standard Deviation: 0.2071
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 71
  • Final Value: 131,837
  • High Value: 159,154
  • Low Value: 104,521

    Market Valuation

  • Market Total Value: $94,800
  • Market Land Value: $19,350
  • Market Improvement Value: $75,450

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $31,600
  • Assessed Land Value: $6,450
  • Assessed Improvements Value: $25,150
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:

$139,950

Sale Price/ft²

$118

Below Asking

0.02%

Average Days on Market

52

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

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MRED

Listed by: Deana Gauze, Coldwell Banker R.E. Group
Last Updated: 2 years ago
Data Source: MRED, MLS# 12218128
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 1444 Pine Avenue built and last sold?
The property at 1444 Pine Avenue was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1444 Pine Avenue is $167,421.
What are some comparable homes to 1444 Pine Avenue?
There are currently no comparable homes to 1444 Pine Avenue.
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