Listing provided courtesy of REALTY 2000,INCMREDas Distributed by MLSGrid- MLS# 12353416MLS Provider

1942 COUNTY ROAD 3000N RoadRantoul, IL 61866

Commercial · 3 Beds · 8,916 Sq. ft. | 1.45 Acres
$685,000 Active

1942 COUNTY ROAD 3000N Road Overview

Time on Site:
423 days
Visits:
3

This well-maintained, all-brick apartment complex consists of two buildings with durable rolled rubber roofs, offering a total of 16 units. This is a solid, income-producing property with a strong maintenance record and excellent rental appeal. The south building includes four two-bedroom apartments and two one-bedroom apartments, while the north building features ten one-bedroom units. Each apartment is equipped with electric heat, an electric water heater, and an electric cooking range-there is no gas service to the units. The property is serviced by its own well and septic systems, with new septic systems installed in 2017 and 2022, ensuring reliable infrastructure. All apartments include either window or wall-mounted air conditioning units, and the owner provides refrigerators, ranges, and A/C units. Tenants are responsible for all utilities, making this a low-maintenance investment for the owner. The complex also offers ample parking directly in front of the buildings, adding to tenant convenience. The owners are motivated to sell, presenting a great opportunity for investors seeking a dependable and well-cared-for asset. ________________________________________

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1942 COUNTY ROAD 3000N Road Facts & Features

  • Type Commercial
  • Sq. ft. 8,916
  • Price/Sq.ft. $77
  • Lot 1.45 Acres

Details

General

Association/HOA

  • Association Fee Includes: None

Income/Expenses

  • Other Expense: 51
  • Electric Expense: 120
  • Fuel Expense: 1
  • Gross Income: 88200
  • Gross Scheduled Income: 88200
  • Insurance Expense: 500
  • Maintenance Expense: 200
  • Net Operating Income: 66062
  • Operating Expense: 22438
  • Trash Expense: 430
  • Water Sewer Expense: 200

Building Information

  • Year Built: 1968

Business Information

  • Current Use: Multi-Family

Location/Region

  • County Or Parish: Champaign
  • MLS Area Major: Northern Champaign County / Ford County
  • Township: HARWOOD

Rent/Lease Information

  • Tenant Pays: Electricity, All Utilities

Tax Information

  • Tax Annual Amount: $6,825.00
  • Tax Year: 2023

General Information

  • Parcel Number: 110432300020
  • Property Type: Commercial Sale
  • Zoning: OTHER

Interior

Building Interior

  • Building Area Total: 8916

General Information

  • Basement: None
  • Cooling: Window Unit(s)
  • Electric: Circuit Breakers
  • Fireplaces Total: 0
  • Foundation Details: Concrete Perimeter
  • Stories: 2

Exterior

Lot Information

  • Additional Parcels: No
  • Frontage Type: State Road
  • Lot Size Acres: 1.45
  • Lot Size Dimensions: 254 X 291 X 108 X 68 X 127 X 222
  • Lot Size Square Feet: 63732
  • Water Source: Well

Building Exterior/Construction

  • Construction Materials: Brick
  • Roof: Membrane

General Information

  • Number Of Units Total: 16
  • Sewer: Septic Tank

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Beds Total: 1
  • Baths Total: 1
  • Units Total: 12

Unit 2 Details

  • Unit Type: Unit 2
  • Beds Total: 2
  • Baths Total: 1
  • Units Total: 4

Unit 3 Details

  • Unit Type: Unit 3
  • Beds Total: 0
  • Units Total: 0

Unit 4 Details

  • Unit Type: Unit 4
  • Beds Total: 0
  • Units Total: 0

Unit 5 Details

  • Unit Type: Unit 5
  • Beds Total: 0
  • Units Total: 0

Unit 6 Details

  • Unit Type: Unit 6
  • Beds Total: 0
  • Units Total: 0

Unit 7 Details

  • Unit Type: Unit 7
  • Beds Total: 0
  • Units Total: 0

1942 COUNTY ROAD 3000N Road Neighborhood

Community

61866 (Rantoul) Demographics

35
Median Age
173
Population Density (per sq. mile)
25%
College Educated
$43,419
Estimated Median Income
2,799
Estimated Total Home Owners
2,682
Estimated Total Renters
51% / 49%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1942 COUNTY ROAD 3000N Road Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1942 COUNTY ROAD 3000N Road Market Data

Based on the last 30 days in this zip code

$202,737
Average List Price
$124
Average Price per Square Foot
9
Properties Sold
51
Average Days on Market
27
Properties for Sale
Calculations provided by Reliance Network

1942 COUNTY ROAD 3000N Road History

Date Event Value Agent
3/28/2026Source: MRED Status Change
Active
3/23/2026Source: MRED Price Reduction
$685,000 -1.4%
3/23/2026Source: MRED Status Change
Price Change
2/11/2026Source: MRED Status Change
Active
2/6/2026Source: MRED Status Change
Re-activated
1/14/2026Source: MRED Status Change
Pending
5/7/2025Source: MRED Status Change
Active
5/2/2025Source: MRED Added to Database
May 02, 2025