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Rantoul 61866
605 Quinlan Place
$13,500
● Land - Off Market

605 Quinlan Place

Rantoul, IL 61866
bedrooms
Studio
bathrooms
0 Bath
$14,109
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

Located in a well-established neighborhood each lot has approximately 80' of frontage along Quinlan Place and is approximately 120' deep. Lots 2, 3, and 4 can be sold individually or purchased together to create one large building site. Roessler Meadow Subdivision is located on the west side of Rantoul with convenient access to Interstate 57, restaurants and shopping.
Unit Size
-
Days on Market
-
Land Size
0.22 acres
Price per sqft
-
Property Type
Land
Property Taxes
$4
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: 3 years ago (MRED MLS #09602164)

Price History

Date / Event Date Event Price
May 12, 2022 Sold
Premium
Sold
Apr 21, 2017 Listed by DEVONSHIRE RESIDENTIAL MNGMT $14,000
Listed by DEVONSHIRE RESIDENTIAL MNGMT

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
  • 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: 9,592
  • 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: V
  • Subdivision: ROESSLER MEADOWS
  • Land Acres: 0000000220
  • Standard Land Use Code: 8000
  • County Land Use Code: 0030
  • Legal Description 1: LOT 2 ROESSLER MEADOWS

Neighborhood

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

Geography

  • District: 20
  • Parcel: 20-09-03-153-015
  • Lot: 2
  • Meridian: SEC 03 TWN 21N RNG 09E
  • Municipality: RANTOUL
  • Latitude: 40.3066
  • Longitude: -88.1716

    Address

  • Full Address: 605 Quinlan Pl
  • Address - House Number: 605
  • Address - Street Name: Quinlan
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Rantoul
  • Carrier Code: C008
  • 4-Digit Zip Code: 2157
  • Zip Code: 61866

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $47,508
  • Tax Rate Code Area: 2005

    Market Valuation

  • Market Total Value: $13,500
  • Market Land Value: $13,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $4,500
  • Assessed Land Value: $4,500

    Sales

  • Current Sale Contract Date: May 12, 2022
  • Current Sale Recording Date: May 16, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 8646
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: Myrna Webber, DEVONSHIRE RESIDENTIAL MNGMT
Last Updated: 3 years ago
Data Source: MRED, MLS# 09602164
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 605 Quinlan Place built and last sold?
The property at 605 Quinlan Place was built in and last sold on May 12, 2022 for $13,500.
How much is this home worth?
The estimated value of the home located at 605 Quinlan Place is $0.
What are some comparable homes to 605 Quinlan Place?
There are currently no comparable homes to 605 Quinlan Place.
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