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Active - Other for sale
Rantoul, IL
Facts & features
Why you’ll love it
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. ________________________________________
Listings courtesy of REALTY 2000,INC as distributed by MLS GRID.
Listed by: Herman Fogal • REALTY 2000,INC
Co-listed by: REALTY 2000,INC
Source: MRED as distributed by MLS GRID, MLS#: 12353416
Based on info available as of Nov 13, 2026 at 10:33 AM EST.
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Affordability
$4,032/mo
- Mortgage$3,464
- Property tax$569
- HOA fee
- Homeowners insurance
Beycome estimates only. Actual amounts and terms vary by lender and location.
$13,700 Credit back
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Travel times
About Rantoul
This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.
Flood & climate risk
FEMA Flood Zone X
Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.
More details
Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.
Fire
Storm
Air quality
Pollen
Disclaimer
Midwest Real Estate Data (MRED) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Midwest Real Estate Data may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2026 All rights reserved.
Based on information submitted to the MLS GRID as of Nov 13, 2026 at 10:33am EST. 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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