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Rantoul 61866
233 Winding Lane
$5,500
● Land - Off Market

233 Winding Lane

Rantoul, IL 61866
bedrooms
Studio
bathrooms
0 Bath
$11,352
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

RESIDENTIAL LOT WITH A SINGLE CAR DETACHED GARAGE WITH OPENER ON IT ..TREE LINED LOT, GRAVEL DRIVE  MOTIVATED SELLER !!!
Unit Size
-
Days on Market
-
Land Size
0.15 acres
Price per sqft
-
Property Type
Land
Property Taxes
$112
HOA Dues
-
Year Built
1950

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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: 3 years ago (MRED MLS #11168324)

Price History

Date / Event Date Event Price
Sep 8, 2021 Sold
Premium
Sold
Jul 26, 2021 Listed by REALTY 2000,INC $10,000
Listed by REALTY 2000,INC

Property Highlights

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • 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
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 775
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,364
  • Total Building Area: 775
  • Gross Building Area: 775
  • Building Area: 775
  • Building Area Measurement: R

    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 SECOND ADDITION
  • Land Acres: 0000000150
  • Standard Land Use Code: 1001
  • County Land Use Code: 0
  • Legal Description 1: LOT 28 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: 200902227018
  • Lot: 28
  • Meridian: SEC 02 TWN 21N RNG 09E
  • Municipality: RANTOUL
  • Latitude: 40.311
  • Longitude: -88.1374

    Address

  • Full Address: 233 Winding Ln
  • Address - House Number: 233
  • Address - Street Name: Winding
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Rantoul
  • Carrier Code: C002
  • 4-Digit Zip Code: 2643
  • Zip Code: 61866

Valuation

    Tax

  • Tax Year: 2020
  • Tax Amount: $133,998
  • Tax Rate Code Area: 2005

    Appraisal Valuation

  • Standard Deviation: 0.1596
  • Valuation Date: Jun 22, 2022
  • Confidence Score: 80
  • Final Value: 59,741
  • High Value: 69,281
  • Low Value: 50,202

    Market Valuation

  • Market Total Value: $38,700
  • Market Land Value: $6,660
  • Market Improvement Value: $32,040

    Assessments Valuation

  • Assessed Year: 2020
  • Assessed Total Value: $12,900
  • Assessed Land Value: $2,220
  • Assessed Improvements Value: $10,680

    Sales

  • Current Sale Contract Date: Sep 08, 2021
  • Current Sale Recording Date: Oct 12, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021R24203
  • Previous Sale Recording Date: Aug 07, 2012
  • Previous Sale Contract Date: Jul 31, 2012
  • Previous Sale Amount: $29,000
  • Previous Sale Document Type: 27
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
Last Updated: 3 years ago
Data Source: MRED, MLS# 11168324
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 233 Winding Lane built and last sold?
The property at 233 Winding Lane was built in 1950 and last sold on Sep 8, 2021 for $5,500.
How much is this home worth?
The estimated value of the home located at 233 Winding Lane is $0.
What are some comparable homes to 233 Winding Lane?
There are currently no comparable homes to 233 Winding Lane.
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