333 S Steffler Street

Rantoul, Illinois 61866

Closed / MLS #11041184 / Multiple Family / Rantoul

Listing information updated 8/3/2021 at 4:03pm

CASHFLOW from Day 1 with this NEWLY RENOVATED 6 unit Apartment Complex. Turnkey property was gutted down to the studs and now is completely rehabbed. All spacious 2 Bedroom, 1 bath units have brand new flooring, professionally painted gray interiors with white trim. Kitchens all pop with ceramic backsplashes, new countertops, new cabinets, and new appliances. Bathrooms have new vanities and have been completely rehabbed. Brick exterior has been completely painted and refreshed with all New Windows. Great common area front yard for tenants to use. Security Cameras throughout and secured entrance for second level. Pro Forma Projection* All units expected to rent out at $675 a unit for a projected yearly gross income of $48,600. Property being sold for projected 5.75 Gross Rent Multiplier and projected Cap Rate of 8.68 *All numbers portrayed are owner estimates as property is currently vacant due to construction just now being completed and has just begun accepting Rental Applications.

Full Features

Exterior Type:

Brick

Water Front:

Square Feet:

N/A

Acreage:

0.26

Built:

1974

Parking Spaces:

Cooling System:

Window Unit(s)

Stories:

Current Use:

Multi-Family

Potential Use:

Multi-Family

Zoning:

MULTI

Unit 1:

5 room(s) / 2 bed(s) / 1 bath(s)

Taxes & Assessments

Tax Amount:

$3,397

Tax Year:

2019

Location

Zip Code:

61866

City:

Rantoul

County:

Champaign

Listing Office: EXP REALTY LLC-CHA

Listing Office Phone: 888.574.9405

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 8/3/2021 at 4:03pm. 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.

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333 S Steffler Street is a multiple family which sold for $220,000. This multiple family has been listed on @properties since April 2nd, 2021 and was built in 1974.