This investment consists of 2 parcels, 4 buildings & 39 rentable or occupied apartment units. Addresses are 811 Reisch and 422 W Hay. Located in the heart of Springfield's medical district these units will appeal to med students, transferees, traveling nurses, state employees & more. 811 Reisch offers one 12 unit building and one 8 unit building and 422 W Hay has one 12 unit building and one 7 unit building. Taxes reflected are the combined amount for 2021 for both parcels. Varied Lease Terms.
Multi-familyProperty Type
1970Year Built
0.86 acresLot Size
$96Price/Sq.Ft.
50 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
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Baths
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Stories
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Lot width
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Lot depth
—
Lot size
—
Year renovated
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Sq. Ft.
—
Year built
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Style
Multi-Family (5+ Unit)
County
Sangamon County
APN
14280254022
Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on May 25, 2023.
R-5(B)
General Residence and Office District
These districts are designed to provide for all the facilities permitted in the R-3 general residence districts plus administrative, professional, and business offices. The districts are mapped in relation to areas that are developing into office centers with emphasis on accessibility to major streets and related functions, such as major business areas, hospitals, clinics, and apartments utilized by office employees and administrative personnel.
Permitted uses
Include but are not limited to:
Bank
Day care facility
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Student
Office
Medical office
Library
Museum / gallery
Property details
Parking
Parking Information
Parking Total: 50
Parking Features: Other
Interior
Heating & Cooling
Heating: Forced Air, Central
Room Information
Basement: None
Multi-Unit Information
Units: 39
Unit 1 Information
Unit 1 Full Bathrooms: 1
Unit 1 Half Bathrooms: 0
Unit 1 Covered Parking Spaces: 0
Unit 1 Actual Rent: 750
Unit 1 Type: Unit 1
Unit 1 Bedrooms: 2
Unit 2 Information
Unit 2 Full Bathrooms: 1
Unit 2 Half Bathrooms: 0
Unit 2 Covered Parking Spaces: 0
Unit 2 Actual Rent: 750
Unit 2 Type: Unit 2
Unit 2 Bedrooms: 2
Exterior
Property Type
Property Sub Type: Residential Income
Exterior Features
Roof: Shingle
Property Information
Property Sub Type: Residential Income
Lot Information
Lot Features: Corner Lot, Level
Lot Size Acres: 0.86
Lot Size Dimensions: Multiple Parcels
Road Surface Type: Paved
Building Information
Is New Construction: No
Building Area Total: 20000
Financial
Tax Information
Tax Year: 2021
Tax Annual Amount: 25899
Tax Legal Description: L 1 & 2 & 3 J R Tysons Add/The N 123.3' Of Lot 8, Lot 7 Ex The S 45' Of The W8' & Lot 6 Of J R Tyson
Utilities
Utility Information
Water Source: Public Sewer, Public
Location
School Information
High School: Springfield District #186
Location Information
Directions: Located at the corner of Reisch and Hay
Subdivision Name: None
MLS Area Minor: Springfield
Community Information
Units: 39
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: Sangamon County
APN: 14280254022
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: 20000
Structure Type: Apartment Building
Year Built: 1970
Information for Agents
Attribution Contact: Mobl: 217-741-4040
Around this home
Schools
Enos Elementary School
Public K-5 • Assigned • 0.2mi
4/10
U S Grant Middle School
Public 6-8 • Assigned • 1.5mi
2/10
Lanphier High School
Public 9-12 • Assigned • 1.1mi
1/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Historical weather
Springfield, IL • 62702
Average low and high temperatures (°F)
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72
49
54
38
41
26
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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.