For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Rantoul 61866
704 Illinois Drive
$100,000
● House - Off Market

704 Illinois Drive

Rantoul, IL 61866
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,050 Ft²
$714
Est. Monthly
13.67%
Cap Rate

About This Property

THREE BEDROOM ONE FULL BATHROOM WITH ONE CAR ATTACHED GARAGE.. 1050 SQUARE FEET.  "NEW SHINGLES 2023". NEWER WALK IN SHOWER  AND UPDATED BATHROOM, KITCHEN APPLIANCES (ELECTRIC RANGE, REFRIGERATOR, GARBAGE DISPOSAL) STAY, NEWER WASHER AND DRYER IN LAUNDRY ROOM WILL STAY..SMALL LAUNDRY SHOOT BETWEEN BATHROOM AND LAUNDRY ROOM.  8 X 9 DINING AREA BEHIND BEDROOM THREE JUST OFF KITCHEN.  AUTOMATIC GARAGE DOOR OPENER. FENCED AND TREE LINED REAR YARD GREAT FOR COOKOUTS AND PLAY AREA OR PET YARD. CALL FOR AN APPOINTMENT TODAY AS THIS WILL NOT BE ON THE MARKET VERY LONG...MUST SEE ASAP..
Unit Size
1,050 Ft²
Days on Market
-
Land Size
-
Price per sqft
$101
Property Type
House
Property Taxes
$193
HOA Dues
-
Year Built
-

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #12011068)

Price History

Date / Event Date Event Price
Jun 14, 2024 Sold
Premium
Sold
Mar 22, 2024 Listed by REALTY 2000,INC $105,900
Listed by REALTY 2000,INC

Property Highlights

Air Conditioning

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: 6,373
  • 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: BEL AIR ADD
  • Land Acres: 0000000146
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: LOT 256 BEL AIR ADD

Neighborhood

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

Geography

  • District: 20
  • Parcel: 20-03-35-332-002
  • Lot: 256
  • Meridian: SEC 35 TWN 22N RNG 09E
  • Municipality: RANTOUL
  • Latitude: 40.3178
  • Longitude: -88.1463

    Address

  • Full Address: 704 Illinois Dr
  • Address - House Number: 704
  • Address - Street Name: Illinois
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Rantoul
  • Carrier Code: C005
  • 4-Digit Zip Code: 1647
  • Zip Code: 61866

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $232,052
  • Tax Rate Code Area: 2005

    Appraisal Valuation

  • Standard Deviation: 0.2071
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 71
  • Final Value: 92,906
  • High Value: 112,155
  • Low Value: 73,657

    Market Valuation

  • Market Total Value: $65,940
  • Market Land Value: $10,890
  • Market Improvement Value: $55,050

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $21,980
  • Assessed Land Value: $3,630
  • Assessed Improvements Value: $18,350
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:

$139,925

Sale Price/ft²

$118

Below Asking

0.02%

Average Days on Market

51

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

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Herman Fogal, REALTY 2000,INC
Last Updated: 3 years ago
Data Source: MRED, MLS# 12011068
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 704 Illinois Drive built and last sold?
The property at 704 Illinois Drive 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 704 Illinois Drive is $0.
What are some comparable homes to 704 Illinois Drive?
There are currently no comparable homes to 704 Illinois Drive.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Rantoul Homes for Sale
Rantoul Houses for Sale
Rantoul Condos for Sale
Rantoul Townhouses for Sale
Rantoul Multifamily for Sale
Rantoul Land for Sale
Rantoul Commercial for Sale
Rantoul Homes with Basements
Nearby Cities
Lake of the Woods Homes for Sale
Fisher Homes for Sale
Thomasboro Homes for Sale
Gifford Homes for Sale
Ludlow Homes for Sale
Royal Homes for Sale
Penfield Homes for Sale
Nearby Property Records
Champaign County, IL Property Records
Ford County, IL Property Records
Piatt County, IL Property Records
Vermilion County, IL Property Records
Douglas County, IL Property Records
De Witt County, IL Property Records
McLean County, IL Property Records
Iroquois County, IL Property Records
Neighborhoods
Boulder Ridge Real Estate
Garden Hills Real Estate
Ashland Park Real Estate
Garden Park Real Estate
Dobbins Downs Real Estate
Stratton Real Estate
Beardsley West Real Estate
Nearby Counties
Ludlow Homes for Sale
Ogden Homes for Sale
Hensley Homes for Sale
Somer Homes for Sale
Compromise Homes for Sale
East Bend Homes for Sale
Condit Homes for Sale
Harwood Homes for Sale
Top Real Estate Agents
Top Agents in Rantoul
Top Agents in 61866
Top Agents in Boulder Ridge
Top Agents in Lake of the Woods
Top Agents in Garden Hills
Top Agents in Ludlow
Top Agents in 61843
Top Agents in Fisher