1648 & 1652 Liberty Avenue Rantoul, Illinois 61866

Commercial Property: This property consists of two contiguous lots.

The improvements consist of one large one-story pole-framed building utilized as a warehouse and office. Most recently was rented to a church and was built out with a sanctuary. There is a pole-frame building containing ten self-storage units on the east section of the property. This area is fenced in with an 8' tall barbed wire fence and gate. There is an additional one-story garage building at the frontage side that was most recently rented to a towing company.

Legal Description: Part of the Northwest 1/4 of Section 15,Township 21 North, Range 9 East, Village of Rantoul, situated in Champaign County, Illinois.

Parcel Numbers: 20-09-15-100-008, 20-09-15-100-009.

Taxes: $8,808.18

County Population: 207,133 Rantoul Population: 13,000

Traffic Count: 7350

The subject property is located in a mixed-use neighborhood near the south edge of Rantoul. The Fountain Valley mobile home park is immediately east of the property. There are two warehouse facilities to the north of the property functioning as a storage facility and automotive repair company. This property is 3.11 acres in size, natural gas and electrictiy are available to the site, but no water or sewer. The site has been improved with asphalt parking areas, with space for 18 vehicles.The main building was originally constructed in 1974 and then added to in 1980. It was constructed on a steel slab, with galvanized steel exterior walls, galvanized steel roofing, aluminum gutters. The building measures 12,312 square feet. The front section of the building is 6,534-square feet. Newer radiant heating throughout. The front is tempreature controlled by two gas-fired forced air furnaces, along with central air-conditioning.

The rear unit functions as a shop/warehouse. There is a room to the west which has radiant overhead heaters, flourescent lighting, 10 x 12 foot overhead door. There is a mezzanine over this area. The remainder of the unit is primarily open shop area, although there is a room which has been utilized as a parts area and has a mezzanine for storage. The parts area has a force-air furnace. The shop area is 15' high steel lined walls and ceilings, infrared heat, and a mix of sodium and halogen lighting. There are three 14 x 16 foot overhead doors in the section. The utilities for the two units are common. Elecrical service is three-phase, with two 200-amp services. The central air units and insulation has been recently updated.

The self-storage building has measurments of 30 x 104 feet, containing a total of 3,120-square feet. It consists of 10 storage units, each of which has an overhead door, lighting and electrical outlets. The structure was built in 2000.

The third building contains 1,080 square feet and is vacant. The building was previously occupied by a towing company. This structure is effectively a garage with forced heat air and wall unit air conditioning.

Land to building ratio is 8.20:1 - Total gross building area is 16,512 square feet.

Apraised for $290,000 in April 2017

MONTHLY INCOME - $2704.00

Rantoul IL Commercial Auction - Catalog