Income opportunity. Six unit apartment complex with great rental history! There has been only one owner for this meticulously cared for property for the last 40+ years. Each unit has 2 bed/1 bath and laundry hook up. Tenants pay gas and elec. Great opportunity for a seasoned or new investor!
Multi-familyProperty Type
1973Year Built
0.46 acresLot Size
$64Est. Price/Sq.Ft.
6 spacesParking
Listed by Kyle Killebrew• The Real Estate Group, Inc.
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Multi-Family (2-4 Unit)
County
Sangamon County
APN
14140227020
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
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Garage
—
Features
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Last updated by owner on May 25, 2023.
R-3(B)
General Residence District
These districts are designed to provide for all types of residential buildings, in order to permit a broad range of housing types, with appropriate standards on density, open space, and spacing the buildings. These districts are mapped in relation to a desirable future residential density pattern, with emphasis on accessibility to transportation facilities, and to various community facilities, and on the character of the existing development. These districts also include community facilities and public open space uses which serve the residents of the districts or which an open residential environment benefits. The uses permitted in R-3 (a), (b) districts are identical, however, provisions of section 155.056 of this chapter limit the density of residential uses.
Permitted uses
Include but are not limited to:
Community / recreation center
Religious facility
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Student
Educational / school
Library
Museum / gallery
Golf related
Property details
Parking
Parking Information
Parking Total: 6
Parking Features: Parking Pad
Interior
Heating & Cooling
Heating: Gas, Hot Water, Window Unit(s)
Room Information
Basement: None, Poured
Exterior
Property Type
Property Sub Type: Residential Income
Property Information
Property Sub Type: Residential Income
Zoning: R3B
Lot Information
Lot Size Dimensions: 300x67.5
Zoning: R3B
Building Information
Building Area Total: 5040
Financial
Tax Information
Tax Year: 2014
Tax Annual Amount: 5686
Tax Legal Description: S 671/2' L 25 JOHN H. PIPERS SUB
Utilities
Utility Information
Water Source: Public Sewer, Public
Location
School Information
High School: Springfield District #186
Location Information
Directions: From Sangamon turn North on Piper. Property is on the West side of Piper
MLS Area Minor: Springfield
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (2-4 Unit)
Year Built: —
Year Renovated: —
County: Sangamon County
APN: 14140227020
Home facts updated by county records on May 25, 2023
Other
Listing Information
MLS Area Minor: Springfield
Standard Status: Closed
Home Information
Building Area Total: 5040
Structure Type: Apartment Building
Year Built: 1973
Around this home
Schools
Places
Transit
Wilcox Elementary School
Public K-5 • Assigned • 1.1mi
5/10
Washington Middle School
Public 6-8 • Assigned • 3.3mi
1/10
Lanphier High School
Public 9-12 • Assigned • 2.2mi
1/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Historical weather
Springfield, IL • 62702
Average low and high temperatures (°F)
33
16
43
24
62
38
69
48
74
54
83
66
87
70
83
65
82
57
72
48
54
37
41
26
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
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Dec
Sun exposure
In this area, properties receive around 10.2 hours in
June and 4 hours in December, which is comparable to the
U.S. average for solar exposure.
10.2 hrs
4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$306,000 – $370,000
Sell confidently with a local market expert in Springfield. 3 minutes to get started.