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Rantoul 61866
1636 Short Street
$108,000
● House - Off Market

1636 Short Street

Rantoul, IL 61866
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,056 Ft²
$708
Est. Monthly
16.72%
Cap Rate

About This Property

This beautifully updated 3-bedroom, 1-bathroom ranch home offers modern finishes and a spacious, open floor plan perfect for everyday living. Step inside to discover brand-new vinyl plank flooring throughout. The home boasts a bright, open living area that seamlessly flows into the updated kitchen and dining space, ideal for entertaining.  The attached garage provides convenient parking and extra storage space, while the large, spacious yard offers endless possibilities for outdoor activities and relaxation. Situated in a prime location, this home is just minutes from shopping, parks, schools, restaurants, and major highways-offering both peace and convenience.  This home is move-in ready and waiting for you to make it your own. Don't miss out on this fantastic opportunity in Rantoul!
Unit Size
1,056 Ft²
Days on Market
-
Land Size
-
Price per sqft
$104
Property Type
House
Property Taxes
$170
HOA Dues
-
Year Built
1957

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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

  • Year Built: 1957
  • Effective Year Built: 1957
  • 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: 5
  • Basement Area: 925
  • Garage Type: 1
  • Garage Square Area: 280
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,814
  • Total Building Area: 2,130
  • Gross Building Area: 2,130
  • Building Area: 925
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 925
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLEASANT ACRES 1ST SUB
  • Land Acres: 0000000133
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: LOT 96 PLEASANT ACRES 1ST SUB

Neighborhood

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

Geography

  • District: 20
  • Parcel: 20-09-01-178-010
  • Lot: 96
  • Meridian: SEC 01 TWN 21N RNG 09E
  • Municipality: RANTOUL
  • Latitude: 40.3064
  • Longitude: -88.1282

    Address

  • Full Address: 1636 Short St
  • Address - House Number: 1636
  • Address - Street Name: Short
  • Address - Suffix Type: St
  • State: IL
  • City Name: Rantoul
  • Carrier Code: C004
  • 4-Digit Zip Code: 3336
  • Zip Code: 61866

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $187,816
  • Tax Rate Code Area: 2005

    Appraisal Valuation

  • Standard Deviation: 0.1118
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 88
  • Final Value: 94,548
  • High Value: 105,126
  • Low Value: 83,970

    Market Valuation

  • Market Total Value: $53,370
  • Market Land Value: $7,380
  • Market Improvement Value: $45,990

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $17,790
  • Assessed Land Value: $2,460
  • Assessed Improvements Value: $15,330

    Sales

  • Current Sale Contract Date: Nov 21, 2007
  • Current Sale Recording Date: Mar 31, 2008
  • Current Sale Document Type: 64
  • Current Sale Input Document Number: 2008R07587
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

52

Average Home Size

1741 ft²

Average Home Age

53.8 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: Dionne Clifton, LIVE Real Estate Group
Data Source: MRED, MLS# MRD12308670
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 1636 Short Street built and last sold?
The property at 1636 Short Street was built in 1957 and last sold on Nov 21, 2007 for $0.
How much is this home worth?
The estimated value of the home located at 1636 Short Street is $111,941.
What are some comparable homes to 1636 Short Street?
There are currently no comparable homes to 1636 Short Street.
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