Sold
Last Sold Price
48 beds
213 Keystone Dr, Rantoul, IL 61866
Multi FamilyProperty Type
1.02 acresLot Size
1978Year Built

Description

Outstanding multifamily investment featuring 24 spacious 2-bedroom, 1 bath units, each with dedicated parking. This well-maintained property is currently generating over $12,000 in monthly income even with 4 vacant units, providing even stronger upside potential once fully leased. New roof was installed in December of 2020.Outstanding multifamily investment featuring 24 spacious 2-bedroom, 1 bath units, each with dedicated parking. This well-maintained property is currently generating over $12,000 in monthly income even with 4 vacant units, providing even stronger upside potential once fully leased. New roof was installed in December of 2020.

    Sold By RE/MAX REALTY ASSOCIATES-CHA

    • Listed by: Jeffrey Finke 217.378.7455 spouses@teamfinke.com • Coldwell Banker R.E. Group
    • Listed by: Michael Finke 217.552.2825 michael@teamfinke.com • Coldwell Banker R.E. Group
    Listing closed: 12/23/2025 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 12490984

    Location

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    $6,667 per month

    30 year fixed, 6.71% Interest

    Principal and Interest

    $4,237

    Property Taxes

    $2,430

    HOA Dues

    $0

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    Property Information for 213 Keystone Drive

    Property Details
    • Taxes: $29,161 / year
    • MLS Type: Multi Family 5+ / Flats
    • Area: Northern Champaign County / Ford County
    • Air Conditioning Type: Central Air
    Building Information
    • Stories: 2
    • Residences: 24
    • Year Built: 1978
    • Lot Size: 1.02 AC / 44,472 SF
    General Information
    Location and General Information
    • Information: Other-See Remarks
    Taxes and HOA Information
    • Additional Parcels: No
    Property Information
    Interior Features
    • Air Conditioning: Central Air
    • Heat/Ventilation: Gas,Forced Air
    • Misc Inside: Laundry Room
    • Num of Baths: 24.0
    Exterior Features
    • Misc Outside: Balcony/ies
    Property/Lot Information
    • Built Before 1978: No
    • Approximate Age: 36-50 Years
    • Multi-Family Type: Flats
    • Lot Size Source: County Records
    • Lot Dimensions: 93X46X31X101X353
    • Lot Size Square Feet: 44472.0
    • Stories: 2
    • Exterior Building Type: Wood, Vinyl Siding
    • Construction: Wood, Vinyl Siding
    • Roof Structure: Other
    Property and Assessments
    • Public Document Count: 1
    • Document Date: 2025-10-09T15:38:24
    • Photos Count: 124
    Miscellaneous
    • Current Use: Multi-Family
    Virtual Tour/Additional Media
    • Virtual Tour: None
    • Virtual Tour YN: No
    Multi Family
    Multi-Family Information
    • Number Of Units Total: 24
    Income & Expenses
    • Electric Expense: $6,434.00
    • Fuel Expense: $6,434.00
    • Gross Income: $149,097.00
    • Gross Scheduled Income: $165,065.00
    • Insurance Expense: $136.00
    • Maintenance Expense: $53,696.00
    • Janitor Expense: 1961
    • Total Monthly Income: 12424
    • Net Operating Income: $70,301.00
    • Operating Expense: $94,763.00
    • Other Expense: $.00
    • Trash Expense: $3,585.00
    • Water Sewer Expense: $6,434.00
    Unit 1
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 2
    • Unit Type Type: Unit 1
    • Unit Type Units Total: 24
    Unit 2
    • Unit Type Beds Total: 0
    • Unit Type Type: Unit 2
    • Unit Type Units Total: 0
    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 213 Keystone Drive

    DateEvent & SourcePriceAppreciation
    Dec 23, 2025

    Sold

    MRED #12490984

    $820,000
    Dec 19, 2025

    Sold (Public Record)

    Public Record #1925210664

    $820,000

    +2.2% / yr

    Nov 25, 2025

    Pending

    MRED #12490984

    DateEvent & SourcePrice
    12/23/2025

    Sold

    MRED #12490984

    $820,000
    12/19/2025

    Sold (Public Record)

    Public Record #1925210664

    $820,000

    +2.2% / yr

    11/25/2025

    Pending

    MRED #12490984

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

    Public Records for 213 Keystone Drive

    Taxable ValueLand$71,930Additions$265,570Total$337,500
    Tax Record2025$33,050 ($2,754 / month)
    Home Facts
    StyleMulti-Family Dwelling (2-4)CountyCHAMPAIGNAPN200901108008

    Schools near 213 Keystone Drive

    This home is within Rantoul Township Hsd 193 School District.
    Rating
    School
    Type
    Grades
    Distance
    Public - K to 5
    Public - 6 to 8
    Public - 9 to 12
    Public - 5 to 8
    Rating
    School
    Distance
    Pleasant Acres Elementary School
    PublicK to 5

    J W Eater Jr High School
    Public6 to 8

    Rantoul Twp High School
    Public9 to 12

    Rise Academy at JW Eater
    Public5 to 8

    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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    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 Coldwell Banker R.E. Group

    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 12/26/2025 02:06 AM. 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.