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Champaign 61866
3269 County Road 1600 E
$239,900
● House - Off Market

3269 County Road 1600 E

Rantoul, IL 61866
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,270 Ft²
$1,447
Est. Monthly
8.60%
Cap Rate

About This Property

Country living but minutes away from town, with neighbors just close enough yet far enough away. This ranch style home with a walk-out basement has been freshly painted, with 3 bedrooms, 2 full baths plus one half that have all been nicely updated and sits on approximately one acre. If the 2-car attached garage isn't enough, there's 2 more spaces in the detached garage, or use it for a workshop, man cave or storage space. This home offers the convenience of a whole house generator!  Updated electrical and some new flooring have been recently completed.  Hoveln Heating & Air completed the winter check on the furnace on 12.3.24 and has given it a thumbs up!  The report is available for your convenience.   This home has been well taken care of and is being sold "as-is".
Unit Size
1,270 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$193
Property Type
House
Property Taxes
$244
HOA Dues
-
Year Built
-

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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

Air Conditioning
Garage

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: 14,531
  • 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
  • Subdivision: COUNTRY PLACE 1ST SUB
  • Land Acres: 0000000334
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 1 COUNTRY PLACE 1ST SUB

Neighborhood

  • School District Name: Ludlow Community Consolidated School District 142
  • School Tax School District: 101
  • Census Tract: 010204

Geography

  • District: 14
  • Parcel: 14-03-22-277-001
  • Lot: 1
  • Meridian: SEC 22 TWN 22N RNG 09E
  • Municipality: LUDLOW
  • Latitude: 40.3517
  • Longitude: -88.1561

    Address

  • Full Address: 3269 County Road 1600 E
  • Address - House Number: 3269
  • Street Segment Direction: E
  • Address - Street Name: County Road 1600
  • State: IL
  • City Name: Rantoul
  • Zip Code: 61866

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $213,726
  • Tax Rate Code Area: 1409

    Appraisal Valuation

  • Standard Deviation: 0.2071
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 71
  • Final Value: 148,476
  • High Value: 179,240
  • Low Value: 117,712

    Market Valuation

  • Market Total Value: $113,910
  • Market Land Value: $14,190
  • Market Improvement Value: $99,720

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $37,970
  • Assessed Land Value: $4,730
  • Assessed Improvements Value: $33,240

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes
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:

$259,450

Sale Price/ft²

$163

Below Asking

0.02%

Average Days on Market

57

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

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MRED

Listed by: Jeffrey Finke, Coldwell Banker R.E. Group
Data Source: MRED, MLS# MRD12156873
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 3269 County Rd 1600 East built and last sold?
The property at 3269 County Rd 1600 East 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 3269 County Rd 1600 East is $245,868.
What are some comparable homes to 3269 County Rd 1600 East?
There are currently no comparable homes to 3269 County Rd 1600 East.
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