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Off market
  • $240,800

    545 S Douglas Ave, Springfield, IL 62704

    4beds
    4baths
    3,900sqft
    Multi Family
    Built in 1924
    -- sqft lot
    $240,800 Zestimate®
    $62/sqft
    $1,125 Estimated rent

    Home value

    $240,800

    $207,000 - $275,000

    $1,125/mo

    Zestimate® history
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    $1,674/mo

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    What's special

    6 unit apartment building fully occupied and generating $45,000 in annual rents. This conversion income property is in a central Springfield location close to downtown with direct access to all areas in town. These units each have their own entrances & parking and 1 side of the 2 car detached garage is currently rented to unit 1 for $100/month while the owner occupies the other side for storage. Owner pays for gas, water and 1 of 5 electric meters while 5 units are responsible for their own electric.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked: 8 hours ago

    Listing updated: December 17, 2022 at 12:01pm

    Listed by:

    Kyle T Killebrew Mobl:217-741-4040,

    The Real Estate Group, Inc.

    Bought with:

    Kyle T Killebrew, 475109198

    The Real Estate Group, Inc.

    Source: RMLS Alliance,MLS#: CA1019347MLS LogoOriginating MLS: Capital Area Association of Realtors

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    Heating
    • Baseboard, Electric, Hot Water
    Appliances
    • Included: Electric Water Heater, Gas Water Heater, Dishwasher, Dryer, Range, Refrigerator, Washer, Water Heater
    • Laundry: Other
    Features
    • Basement: Crawl Space,Partial
    Interior area
    • Total structure area: 3,900
    • Total interior livable area: 3,900 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Assigned, Detached, Garage, Parking Pad
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: Other Bath Modifications, Accessible Doors, Accessible Hallway(s)
    Lot
    • Size: 9,000 sqft
    • Dimensions: 125 x 72
    • Features: Corner Lot, Level
    Details
    • Parcel number: 1433.0152019

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Aluminum Siding, Steel Siding, Stucco
    • Roof: Rubber
    Condition
    • New construction: No
    • Year built: 1924

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Springfield
    • Subdivision: None

    Other

    Other facts
    • Road surface type: Paved

    Price history

    DateEventPrice
    12/16/2022Sold$240,000+4.4%$62/sqft
    Source: RMLS Alliance #CA1019347
    11/30/2022Pending sale$229,900$59/sqft
    Source: RMLS Alliance #CA1019347
    11/28/2022Listed for sale$229,900$59/sqft
    Source: RMLS Alliance #CA1019347

    Public tax history

    YearProperty taxesTax assessment
    2024$5,472 +4%$65,146 +9.5%
    2023$5,261 +66.5%$59,505 +68.7%
    2022$3,161 +3.4%$35,270 +3.9%

    Find assessor info on the county website

    Neighborhood: Historic West Side

    Nearby schools

    GreatSchools rating
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    An equal housing lender. NMLS #10287.