NEW METAL ROOFS AND ELECTRIC BASEBOARD HEAT, 40 APARTMENT UNITS CONSISTING OF 8 ONE BEDROOM AND 32 TWO BEDROOM UNITS, EACH OF WHICH IS ACCESSIBLE FROM THE INTERIOR. ONE BEDROOM CONTAINS APPROXIMATELY 593 SQ FEET WITH LIVING ROOM/KITCHEN COMBO,BEDROOM AND A BATHROOM ALL BEDROOMS HAVE A SEPARATE SINK. TWO BEDROOM UNITS CONTAIN 712 SQ FEET WITH LIVING ROOM/KITCHEN COMBO, TWO BEDROOMS AND ONE BATHROOM. SHOWER UNITS IN ALL BATHROOMS. OFF STREET PARKING, LARGE OPEN SPACE FOR PICNICS OR PLAYGROUND FOR CHILDREN. A TWO UNIT DUPLEX ADJACENT TO APARTMENT BUILDINGS AND EACH SIDE CONSISTS OF 755 SQ FEET, TWO BEDROOMS, LIVING ROOM/KITCHEN COMBO AND ONE BATHROOM, PARKING ADJACENT TO THE UNITS. APARTMENT BUILDINGS WERE PREVIOUSLY UTILIZED AS PERMANENT SINGLE OFFICER QUARTERS AND THE DUPLEX AS VISITING GENERAL'S QUARTERS..GROUND AREA IS 572 X 377 OR 4.96 ACRES LOCATED ONE BLOCK FROM MUNICIPAL AQUATIC CENTER, SOCCER FIELDS, THE LINDEN BANQUET FACILITY AND THE QUARTERS INN MOTEL
Sanitary Sewer to Site, Sewer-Storm Available, Water-Municipal
Gross Rental Income
Gross Rental Multiplier
Total Annual Expenses
Annual Net Operating Income
Total Monthly Income
Net Operating Income Year
Total Annual Income
$12, 185 (2016)
This listing 1320 Mccullough Street Rantoul, Il 61866
is a multi family 5+ listing
on a lot of 216,058 sqft (or 4.96 acres). 1320 Mccullough Street was built in 1950. 1320 Mccullough Street is located in Rantoul and in ZIP Code 61866.
It has been listed on our site since 5/31/17.
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*Private mortgage insurance is an insurance policy that a residential mortgage lender requires of the borrower if the loan-to-value (LTV) ratio of the home is greater than 80%. Mortgage insurance protects the lender from the risk that the borrower may default on the loan. Federal law requires lenders to notify borrowers when the loan-to-value ratio drops below 80%. Mortgage insurance premiums vary, but generally range from $1,000 to $5,000 a year for an average priced home.
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