Active
20 beds
1942 County Road 3000 N, Rantoul, IL 61866
Est: $4,051/moGet pre-approved
Multi FamilyProperty Type
1.46 acresLot Size
1968Year Built

Description

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...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. The owners are motivated to sell, presenting a great opportunity for investors seeking a dependable and well-cared-for asset ________________________________________
494 days on Market
  • Listed by: Herman Fogal 217.840.1941 hfogal@aol.com • REALTY 2000,INC
Last updated: 09/01/2026 01:57 PM • Source: MRED as distributed by MLS GRID, MLS#: 12353416

Location

Listing Courtesy of REALTY 2000,INC
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$4,051 per month

30 year fixed, 6.55% Interest

Principal and Interest

$3,482

Property Taxes

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Property Information for 1942 County Road 3000 North

Property Details
  • Taxes: $6,825 / year
  • MLS Type: Multi Family 5+ / Corridor-Exterior Entrance
  • Area: Northern Champaign County / Ford County
  • Township: HARWOOD
  • Air Conditioning Type: Window Unit(s)
  • Num of Interior Fireplaces: 0
  • Zoning: OTHER
Building Information
  • Stories: 2
  • Residences: 16
  • Year Built: 1968
  • Lot Size: 1.46 AC / 63,732 SF
General Information
Addtl Parking Information
  • Outdoor Parking: 31-50 Spaces
Location and General Information
  • Frontage Type: State Road
  • Information: Show-Call Listing Office,Show-Key in Listing Office,48-Hr Notice Required
Taxes and HOA Information
  • Association Fee Includes: None
  • Additional Parcels: No
Property Information
Interior Features
  • Basement Type: None
  • Air Conditioning: Window Unit(s)
  • Electric: Circuit Breakers
  • # Of Washers: 0
  • Grid: 100
  • Heat/Ventilation: Electric
  • # Of Window/Ac: 16
  • # Of Refrigerators: 16
  • Washer/Dryer Lsd: No
  • # Of Dryers: 0
  • # Of Disposals: 0
  • # Of Dishwashers: 0
  • Num of Baths: 16.0
Exterior Features
  • Building Unit Info: No Units Furnished,Smoke/Alarm Detector
  • Misc Outside: Storms and Screens (as exist)
Utilities / Equipment
  • Sewer: Septic Tank
  • Water: Well
Property/Lot Information
  • Owners Association: No
  • Tenant Pays: Electricity, All Utilities
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Corridor-Exterior Entrance
  • Lot Size Source: County Records
  • Lot Dimensions: 254 X 291 X 108 X 68 X 127 X 222
  • Lot Size Square Feet: 63732.0
  • Stories: 2
  • Exterior Building Type: Brick
  • Construction: Brick
  • Roof Type: Membrane
  • Fire Protection: Smoke or Fire Protectors
  • Roof Structure: Flat,Pitched
  • Foundation Details: Concrete Perimeter
  • Building Area Total: 8916
  • # Of Ranges: 16
  • Conversion: N
  • MRD_UNC: Yes
Property and Assessments
  • Buyer Financing: Conventional, Cash
  • Documents Available: Rent Roll,Tax Bill
  • Public Document Count: 6
  • Document Date: 2026-03-24T18:29:23
  • Photos Count: 18
  • Deconversion: N
  • OpenHouse Count: 0
Miscellaneous
  • Current Use: Multi-Family
  • Land Amenities: Lighting/Exterior
  • Location: Mixed Use Area,Not in City Limits
Virtual Tour/Additional Media
  • Virtual Tour: Image360+realtor
  • Virtual Tour YN: Yes
Multi Family
Multi-Family Information
  • Number Of Units Total: 16
Income & Expenses
  • Electric Expense: $120.00
  • Fuel Expense: $1.00
  • Gross Income: $97,800.00
  • Gross Scheduled Income: $75,302.00
  • Insurance Expense: $500.00
  • Maintenance Expense: $200.00
  • Electric Expense Source: Owner Projection
  • Known Encumbrances: None Known
  • Expense Year: 2024
  • Total Annual Expense Source: Owner Projection
  • Insurance Expense Source: Actual
  • Janitor Expense: 300
  • Other Expense Source: Owner Projection
  • Repairs-Decor Expense Source: Owner Projection
  • Trash Expense Source: Actual
  • Total Monthly Income: 8150
  • Net Operating Income: $785,302.00
  • Operating Expense: $22,438.00
  • Other Expense: $51.00
  • Trash Expense: $430.00
  • Water Sewer Expense: $200.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 12
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 4
Unit 3
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 0
Unit 4
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 0
Unit 5
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 0
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 1942 County Road 3000 North

DateEvent & SourcePriceAppreciation
Jan 23, 2004

Sold (Public Record)

Public Record #288474239

$155,000
DateEvent & SourcePrice
01/23/2004

Sold (Public Record)

Public Record #288474239

$155,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1942 County Road 3000 North

Taxable ValueLand$9,340Additions$95,610Total$104,950
Tax Record2025$7,197 ($600 / month)
Home Facts
StyleMulti-Family Dwelling (2-4)CountyCHAMPAIGNAPN110432300020

Schools near 1942 County Road 3000 North

This home is within Ludlow Central Consolidated School District 142.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Rating
School
Distance
Ludlow Elementary School
PublicK to 8

Rantoul Twp High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1942 County Road 3000 North is a multi-family home for sale in Rantoul, IL 61866. This property was listed for sale on May 1, 2025 by REALTY 2000,INC, it's currently listed at $685,000. It has been on the market for a total of 494 days and was last sold on January 23, 2004. This listing's school districts are Ludlow Central Consolidated School District 142, Rantoul Township Hsd 193 School District. Nearby schools include Ludlow Elementary School and Rantoul Twp High School. 1942 County Road 3000 North is a 20-bed, 16-bath multi-family home built in 1968.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of REALTY 2000,INC

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 09/01/2026 01:57 PM. 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.