Excellent opportunity to grow your portfolio. 10 units with parking close to downtown. New roof ($15,000). Electrical and plumbing bids in hand. Property is ready for construction and everything has been taken care of with the city - simply pull permits and start the work.
Multi-familyProperty Type
1900Year Built
6,040 sq ftLot Size
$35Price/Sq.Ft.
Listed by Kathy Garst• The Real Estate Group, Inc.
12 unit apartment building: 7 one-bedroom units & 5 studio apartments. Most units have hardwood floors or updated laminate floors. Updated fire alarm system. All brick building in historic downtown area offers great cash flow opportunity. Currently vacant & in need of updating. Come build equity in this beautiful building! Check out 720 E Edwards St (8 unit apartment building) & buy them as a package!!
RMLSA as Distributed by MLS Grid #CA290448
Aug 6, 2021
Listing Removed
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RMLSA as Distributed by MLS Grid #CA131592
Aug 6, 2021
Listing Removed
—
RMLSA as Distributed by MLS Grid #CA231509
Jun 11, 2003
Sold
$60,000
$13/sq ft
Mar 21, 2003
Listed
$99,500
$22/sq ft
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
—
Sq. Ft.
—
Year built
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Style
Multi-Family (5+ Unit)
County
Sangamon County
APN
14340336002
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: 0
Parking Features: On Street
Interior
Heating & Cooling
Heating: Gas
Room Information
Basement: Full, Unfinished
Multi-Unit Information
Units: 7
Unit 1 Information
Unit 1 Full Bathrooms: 1
Unit 1 Half Bathrooms: 0
Unit 1 Covered Parking Spaces: 0
Unit 1 Actual Rent: 0
Unit 1 Type: Unit 1
Unit 1 Bedrooms: 1
Unit 2 Information
Unit 2 Full Bathrooms: 1
Unit 2 Half Bathrooms: 0
Unit 2 Covered Parking Spaces: 0
Unit 2 Actual Rent: 0
Unit 2 Type: Unit 2
Unit 2 Bedrooms: 1
Exterior
Property Type
Property Sub Type: Residential Income
Exterior Features
Roof: Shingle
Property Information
Property Sub Type: Residential Income
Lot Information
Lot Features: Level
Lot Size Dimensions: 40x151
Building Information
Is New Construction: No
Building Area Total: 4608
Financial
Tax Information
Tax Year: 2022
Tax Annual Amount: 3784.16
Tax Legal Description: L 2 B 3 ELIJAH ILES 3RD ADDN
Utilities
Utility Information
Water Source: Public Sewer, Public
Location
School Information
High School: Springfield District #186
Location Information
Directions: South on S 9th St. Right 0onto E Cook St. Left onto S 8th St. Building on Left.
Subdivision Name: None
MLS Area Minor: Springfield
Community Information
Units: 7
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: Sangamon County
APN: 14340336002
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: 4608
Structure Type: Apartment Building
Year Built: 1900
Information for Agents
Attribution Contact: Mobl: 217-306-6063
Around this home
Schools
Elizabeth Graham Elementary School
Public K-5 • Assigned • 1.2mi
3/10
Benjamin Franklin Middle School
Public 6-8 • Assigned • 1.9mi
4/10
Springfield High School
Public 9-12 • Assigned • 1.0mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Historical weather
Springfield, IL • 62703
Average low and high temperatures (°F)
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49
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71
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59
72
49
53
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.