This 4 unit property offers a lot of potential for an investor. Each unit has 1 bedroom and 1 full bathroom. Each unit also has a range/oven and refrigerator. 3/4 units are currently rented and the 4th should be soon. Tenants pay their own electric bill and the owner currently pays water/sewer bill from CWLP. The property is ran by a property management company that charges 10% of total rent. They have ran this property for many years and would continue to do so if the new owner would like. For additional information please contact Anthony Buscher.
Sold for $100,000 on 05/20/25
$100,000
716 Black Ave, Springfield, IL 62702
4beds
4baths
2,760sqft
Multi Family
Built in 1900
-- sqft lot
$102,800 Zestimate®
$36/sqft
$-- Estimated rent
Home value
$102,800
$95,000 - $112,000
Not available
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: May 22, 2025 at 01:01pm
Listed by:
Krystal K Buscher Mobl:217-553-9280,
The Real Estate Group, Inc.
Bought with:
Edward Bowen, 475130058
Keller Williams Capital
Source: RMLS Alliance,MLS#: CA1034896
Originating MLS: Capital Area Association of Realtors
Originating MLS: Capital Area Association of Realtors
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Forced Air
Appliances
- Included: Range, Refrigerator, Water Heater
- Laundry: None
Features
- Basement: Unfinished
Interior area
- Total structure area: 2,760
- Total interior livable area: 2,760 sqft
Property
Parking
- Total spaces: 4
- Parking features: On Street
- Has uncovered spaces: Yes
Lot
- Size: 9,009 sqft
- Dimensions: 135.83 x 66.33
- Features: Level
Details
- Parcel number: 1422.0331006
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Aluminum Siding, Wood Siding
- Foundation: Brick/Mortar
- Roof: Shingle
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Springfield
- Subdivision: None
Price history
| Date | Event | Price |
|---|---|---|
| 5/20/2025 | Sold | $100,000$36/sqft |
Source:  RMLS Alliance #CA1034896 | ||
| 4/11/2025 | Pending sale | $100,000$36/sqft |
Source: RMLS Alliance #CA1034896 | ||
| 4/3/2025 | Price change | $100,000-13%$36/sqft |
Source: RMLS Alliance #CA1034896 | ||
| 3/14/2025 | Pending sale | $115,000$42/sqft |
Source: RMLS Alliance #CA1034896 | ||
| 3/8/2025 | Listed for sale | $115,000+94.9%$42/sqft |
Source: RMLS Alliance #CA1034896 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,846 +4% | $21,983 +9.5% |
| 2023 | $1,775 +4% | $20,080 +5.4% |
| 2022 | $1,707 +3.4% | $19,047 +3.9% |
Find assessor info on the county website
Neighborhood: Lincoln Park
Nearby schools
GreatSchools rating
- 3/10Mcclernand Elementary SchoolGrades: K-5Distance: 0.9 mi
- 1/10Washington Middle SchoolGrades: 6-8Distance: 2.2 mi
- 1/10Lanphier High SchoolGrades: 9-12Distance: 0.4 mi
Schools provided by the listing agent
- High: Lanphier High School
Source: RMLS Alliance. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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