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Champaign 61866
Undisclosed Address
$224,900
● House - Off Market

Undisclosed Address

Rantoul, IL 61866
bedrooms
3 Beds
bathrooms
2 Baths, 2 Half Baths
square feet
1,460 Ft²
$1,461
Est. Monthly
Unit Size
1,460 Ft²
Days on Market
-
Land Size
-
Price per sqft
$154
Property Type
House
Property Taxes
$357
HOA Dues
-
Year Built
1968

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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.

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 2
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 6
  • Roof Shape Type: 0
  • Roof Cover Type: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,448
  • Garage Type: 1
  • Garage Square Area: 554
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 3
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,780
  • Total Building Area: 3,450
  • Gross Building Area: 3,450
  • Building Area: 2,896
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,896
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000500
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040

Neighborhood

  • School District Name: Ludlow Community Consolidated School District 142
  • School Tax School District: 101
  • Census Tract: 010400

Geography

  • District: 11
  • Parcel: 11-04-32-451-006
  • Meridian: SEC 32 TWN 22N RNG 10E
  • Municipality: HARWOOD
  • Latitude: 40.3129
  • Longitude: -88.0864

    Address

  • Full Address: 1962 County Road 3000 N
  • Address - House Number: 1962
  • Street Segment Direction: N
  • Address - Street Name: County Road 3000
  • State: IL
  • City Name: Rantoul
  • Carrier Code: R002
  • 4-Digit Zip Code: 9515
  • Zip Code: 61866

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $395,776
  • Tax Rate Code Area: 1108

    Appraisal Valuation

  • Standard Deviation: 0.2638
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 62
  • Final Value: 155,786
  • High Value: 196,892
  • Low Value: 114,680

    Market Valuation

  • Market Total Value: $171,750
  • Market Land Value: $21,630
  • Market Improvement Value: $150,120

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $57,250
  • Assessed Land Value: $7,210
  • Assessed Improvements Value: $50,040

    Sales

  • Current Sale Contract Date: Aug 05, 2022
  • Current Sale Recording Date: Aug 08, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 14707
  • Previous Sale Recording Date: Sep 04, 2007
  • Previous Sale Contract Date: Aug 30, 2007
  • Previous Sale Amount: $151,000
  • Previous Sale Document Type: 71
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 Champaign

Stats & Trends

Median Asking:

$259,000

Sale Price/ft²

$162

Below Asking

0.02%

Average Days on Market

56

Average Home Size

1961 ft²

Average Home Age

46.1 years

Currently For Sale

406 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

Currently no nearby rentals
MRED

Listed by: Rick Wilberg, eXp Realty-Champaign
Data Source: MRED, MLS# MRD12570460
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 1962 County Rd 3000 North built and last sold?
The property at 1962 County Rd 3000 North was built in 1968 and last sold on Aug 5, 2022 for $34,666.
How much is this home worth?
The estimated value of the home located at 1962 County Rd 3000 North is $228,306.
What are some comparable homes to 1962 County Rd 3000 North?
There are currently no comparable homes to 1962 County Rd 3000 North.
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