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221 S Maplewood

28,200 SF Industrial Building Rantoul, IL 61866 $1,795,000 ($64/SF)

Investment Highlights

  • Fully renovated offices and bathrooms.

Executive Summary

Brand new renovation. Brand new plumbing, electrical. Roof 2022. Ceiling height is over 20ft. 8 overhead doors. Parking for about 25 vehicle. Forklift accessible.
Currently occupied as follows:
Tenant 1. Month to month. $1,750/m. 3500 sq occupied
Tenant 2: $3,500/m. 7000 sf. 4 years left of lease.
Tenant 3: $5,000/m. 9,000 sf. 4 years left
Tenant 4: $700/m. Office. Month to month
Tenant 5: $500/m. Office. month to month
Property tax is $8900/y.

Property Facts

Price $1,795,000
Price Per SF $64
Sale Type Owner User
Property Type Industrial
Property Subtype Warehouse
Building Class B
Lot Size 1.38 AC
Rentable Building Area 28,200 SF
No. Stories 1
Year Built 1950
Parking Ratio 0.57/1,000 SF
Clear Ceiling Height 20 FT
No. Drive In / Grade-Level Doors 3

Utilities

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
20-09-01-103-016
Land Assessment
$22,400
Improvements Assessment
$86,990
Total Assessment
$109,390

zoning

Zoning Code C-2 (Commercial Business)
C-2 (Commercial Business)
  • Listing ID: 30897554

  • Date on Market: 2/7/2024

  • Last Updated:

  • Address: 221 S Maplewood, Rantoul, IL 61866

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