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Rantoul 61866
1567 S Pointe Drive
$17,000
● Land - Off Market

1567 S Pointe Drive

Rantoul, IL 61866
bedrooms
Studio
bathrooms
0 Bath
$202
Est. Monthly

About This Property

EXTRA LARGE RESIDENTIAL LOT  269 X 150 X 269 X 150   LOCATED AT THE END OF TWO HEAVILY TRAVELED  RESIDENTIAL STREETS .. BACKSIDE OF LOT FACES RT 45 AND SOUTH SIDE OF LOT FACES CHANDLER ROAD..LOCATED AT SOUTHWEST CORNER OF SOUTH POINTE COMMONS RESIDENTIAL AREA   IDEAL LOCATION FOR CONDOS, SMALL APARTMENT COMPLEX  OR A LARGE FAMILY HOME WITH LARGE YARD
Unit Size
-
Days on Market
-
Land Size
0.92 acres
Price per sqft
-
Property Type
Land
Property Taxes
$104
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

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: 40,128
  • 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: SOUTH POINTE COMMONS 2
  • Land Acres: 0000000921
  • Standard Land Use Code: 8000
  • County Land Use Code: 0030
  • Legal Description 1: LOT 125 SOUTH POINTE COMMONS 2

Neighborhood

  • School District Name: Thomasboro Community Consolidated School District 130
  • School Tax School District: 101
  • Census Tract: 010300

Geography

  • District: 20
  • Parcel: 20-09-10-379-044
  • Lot: 125
  • Meridian: SEC 10 TWN 21N RNG 09E
  • Municipality: RANTOUL
  • Latitude: 40.2835
  • Longitude: -88.168

    Address

  • Full Address: 1567 S Pointe Dr
  • Address - House Number: 1567
  • Street Direction: S
  • Address - Street Name: Pointe
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Rantoul
  • Carrier Code: C003
  • 4-Digit Zip Code: 3426
  • Zip Code: 61866

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $116,448
  • Tax Rate Code Area: 2060

    Market Valuation

  • Market Total Value: $33,090
  • Market Land Value: $33,090

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $11,030
  • Assessed Land Value: $11,030
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

$117

Below Asking

0.02%

Average Days on Market

51

Average Home Size

1714 ft²

Average Home Age

54.2 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: Herman Fogal, REALTY 2000,INC
Data Source: MRED, MLS# MRD12078230
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 1567 South Pointe Drive built and last sold?
The property at 1567 South Pointe Drive 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 1567 South Pointe Drive is $0.
What are some comparable homes to 1567 South Pointe Drive?
There are currently no comparable homes to 1567 South Pointe Drive.
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