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320 E Letchworth Avenue Rantoul, IL 61866 Commercial - Investment Active

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Description

The Potential Monthly Income is $4,460 from four metal selfstorage buildings. Building A: 25' x 100' with 32 units, ranging from 5' x 10' to 10' x 30' Building B: 30' x 100' with 26 units, ranging from 5' x 5' to 10' x 15' Building C: 20' x 100' with 12 units, ranging from 10' x 10' to 10' x 20' Building D: 25' x 100'--18 units, ranging from 5' x 10' to 10' x 25' All buildings are metal construction with metal roofs, metal rollup doors, and concrete floors. The property is fully enclosed with a chainlink fence and a lockable gate. Streetlights are installed throughout the area. This is a highvisibility, lowmaintenance location on the north end of Rantoul, just off Route 45. The layout makes it easy to drive through, load, and unload items. The owner is motivated to sell and also has another selfstorage property available at 420 E. Flessner. You are encouraged to drive by and view both locations.

Property Highlights

Property Type: Commercial - Investment
Building Description: 1.0 stories

General Information

County: Champaign
Listed By:
REALTY 2000,INC
MRED MLS
$515,000
Est. $3,370/mo
Active
SQUARE FEET10,000 MLS#12606319
STATUSActive PROPERTY TYPECommercial - Investment

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320 E Letchworth Avenue, Rantoul, IL 61866.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $515,000$515,000$515,000
Down Payment $103,000$18,025$128,750
Monthly Mortgage Amount $2,503$3,073$3,182
Taxes $717$717$717
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$227$0
Monthly Estimated Total $3,370$4,167$4,049

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