325 E Campbell Avenue

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325 E Campbell Avenue

Rantoul, IL 61866
Asking Price
$50K
Asset Type
Single Family Rental Portfolio Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Parcel of land available for sale in Rantoul, Illinois.
  • Property is identified as a single family rental portfolio asset.
  • Asking price for the total land site is 49500 dollars.
  • Located at 325 E Campbell Avenue in the 61866 zip code.
  • Site sits within the stable Champaign-Urbana regional housing market.

What's Special

This parcel of land at 325 E Campbell Avenue in Rantoul, Illinois, is available for sale, presenting an ideal acquisition for investors focusing on residential development or expansion. Positioned within a stable submarket of the Champaign-Urbana metropolitan area, this site is situated in a region characterized by its accessible infrastructure and proximity to essential local services. As an asset classified as a single family rental portfolio, this land provides a clear path for builders or developers looking to increase housing inventory in a community that benefits from the economic influence of nearby academic and research institutions. The flat topography and straightforward layout of the site facilitate efficient planning and construction processes for residential projects. Prospective buyers can leverage the existing community context to pursue long-term rental income strategies or speculative development. The parcel offers functional space for those seeking to capitalize on the sustained demand for housing solutions in East Central Illinois.

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NOI
$80,000
Cap Rate
161.62%
DSCR
27.22
Strong
Cash-on-Cash
518.93%
Monthly Payment
$244.899
Annual Cash Flow
$77,061.212

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