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Rantoul 61866
306 N Sheldon Street
$131,400
● House - Off Market

306 N Sheldon Street

Rantoul, IL 61866
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,147 Ft²
$800
Est. Monthly
21.60%
Cap Rate

About This Property

Sitting near schools, parks and restaurants this 4 bedroom bungalow in Rantoul will check so many boxes! The enclosed front porch invites you inside where you'll discover incredible natural light streaming into the spacious living room. An eat-in kitchen boasts dark, rich cabinetry and great working counter space. The two main floor bedrooms both offer plenty of closet space and share the updated hall bath featuring a stylish tile  walk-in shower. Upstairs hosts two additional bedrooms. Take a look at the full, partially unfinished basement to find fantastic bonus living space. Relax on the wood deck or find plenty of space to play in the fenced backyard with above ground pool! Check this one out today!
Unit Size
1,147 Ft²
Days on Market
-
Land Size
-
Price per sqft
$113
Property Type
House
Property Taxes
$162
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 #12258767)

Price History

Date / Event Date Event Price
Mar 25, 2025 Sold
Premium
Sold
Jan 14, 2025 In contract -
In contract
Jan 9, 2025 Listed by RYAN DALLAS REAL ESTATE $129,900
Listed by RYAN DALLAS REAL ESTATE

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: 6,970
  • 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
  • Land Acres: 0000000160
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040

Neighborhood

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

Geography

  • District: 20
  • Parcel: 20-03-35-376-035
  • Meridian: SEC 35 TWN 22N RNG 09E
  • Municipality: RANTOUL
  • Latitude: 40.3136
  • Longitude: -88.1506

    Address

  • Full Address: 306 N Sheldon St
  • Address - House Number: 306
  • Street Direction: N
  • Address - Street Name: Sheldon
  • Address - Suffix Type: St
  • State: IL
  • City Name: Rantoul
  • Carrier Code: C005
  • 4-Digit Zip Code: 1828
  • Zip Code: 61866

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $175,254
  • Tax Rate Code Area: 2005

    Appraisal Valuation

  • Standard Deviation: 0.2638
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 62
  • Final Value: 108,625
  • High Value: 137,286
  • Low Value: 79,963

    Market Valuation

  • Market Total Value: $67,800
  • Market Land Value: $12,330
  • Market Improvement Value: $55,470

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $22,600
  • Assessed Land Value: $4,110
  • Assessed Improvements Value: $18,490

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 04, 2008
  • Current Sale Recording Date: Sep 19, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2008R24746
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:

$139,975

Sale Price/ft²

$118

Below Asking

0.02%

Average Days on Market

54

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: Ryan Dallas, RYAN DALLAS REAL ESTATE
Last Updated: 2 years ago
Data Source: MRED, MLS# 12258767
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 306 North Sheldon Street built and last sold?
The property at 306 North Sheldon Street was built in and last sold on Sep 4, 2008 for $73,500.
How much is this home worth?
The estimated value of the home located at 306 North Sheldon Street is $0.
What are some comparable homes to 306 North Sheldon Street?
There are currently no comparable homes to 306 North Sheldon Street.
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