$900,000

213 Keystone Dr Rantoul, IL 61866

Estimated payment $7,202/month

-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 1.02 Acre Lot
  • Laundry Room
  • Forced Air Heating and Cooling System

About This Home

Outstanding multifamily investment featuring 24 spacious 2-bedroom, 1 bath units, each with dedicated parking. This well-maintained property is currently generating over $12,000 in monthly income even with 4 vacant units, providing even stronger upside potential once fully leased.

Listing Agent

Jeff and Laura Finke

Coldwell Banker R.E. Group License #471010471 Listed on: 10/15/2025

Coldwell Banker R.E. Group

Co-Listing Agent

Michael Finke

Coldwell Banker R.E. Group License #475211851

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $29,161

Year Built

  • Built in 1978

Lot Details

  • 1.02 Acre Lot
  • Lot Dimensions are 93x46x31x101x353

Interior Spaces

  • 2-Story Property
  • Laundry Room

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

Overview

  • 24 Units

Building Details

  • Electric Expense $6,434
  • Fuel Expense $6,434
  • Insurance Expense $136
  • Maintenance Expense $53,696
  • Trash Expense $3,585
  • Water Sewer Expense $6,434
  • Operating Expense $94,763
  • Gross Income $149,097
  • Net Operating Income $70,301

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$29,161

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Flats
  • Stories: 2
  • Year Built: 1978
  • Built Before 1978 (Y/N): No
  • New Construction Y/N: No
  • Legal Description: Lots 25, 26, 27 Maplewood 4th Sub
  • Information: Other-See Remarks
  • Estimated Age: 36-50 Years
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Misc Inside: Laundry Room
  • Room: 0

Exterior Features

  • Construction Materials: Wood, Vinyl Siding
  • Roof Structure: Other
  • Misc Outside: Balcony/ies

Utilities

  • Cooling: Central Air
  • Heat/Ventilation: Gas,Forced Air

Fee Information

  • Trash Expense: 3585
  • Water Sewer Expenses: 6434

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 1.02
  • Lot Dimensions: 93X46X31X101X353
  • Lot Size Sq Ft: 44472
  • Alternate Phone Number: (217) 552-2825

Rental Info

  • Board Number: 22

Multi Family

  • Net Operating Income: 70301
  • Fuel Expense: 6434
  • Insurance Expense: 136
  • ElectricExpense: 6434
  • GrossIncome: 149097
  • Maintenance Expense: 53696
  • NumberOfUnitsTotal: 24
  • OperatingExpense: 94763
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 29160.54
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $27,618 $307,380 $65,510 $241,870
2023 $27,618 $274,200 $58,440 $215,760
2022 $25,847 $244,820 $52,180 $192,640
2021 $24,762 $228,590 $48,720 $179,870
2020 $22,942 $220,860 $47,070 $173,790
2019 $21,999 $212,170 $45,220 $166,950
2018 $23,384 $201,300 $42,900 $158,400
2017 $16,596 $138,280 $21,970 $116,310
2016 $16,268 $138,280 $21,970 $116,310
2015 $16,183 $138,280 $21,970 $116,310
2014 $15,914 $138,280 $21,970 $116,310
2013 $15,823 $141,390 $22,460 $118,930
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2025 10/15/25 For Sale $900,000 -- --
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed $650,000 Attorney
Deed $543,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $575,000 New Conventional
Previous Owner $7,423,000 Commercial
Previous Owner $444,000 Commercial
Source: Public Records

About the Listing Agent

Jeff and Laura Finke

Coldwell Banker R.E. Group

(217) 284-2422

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In 1994 when Laura started her real estate career and earned "Rookie of the Year" award, Jeff was a successful mortgage lender. The birth of their first of 4 children came two years later and Jeff moved to the sales side of real estate while Laura stepped aside to manage the home and stay home with their children as their family grew. Jeff grew his business and in 2010 Laura rejoined Jeff and they formed "TeamFinke" and have steadily built a business on team work, collaboration and service.

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12490984

Midwest Real Estate Data (MRED)

APN: 20-09-01-108-008